Brazafric Enterprises (BGC)
Description
BGC is an agricultural engineering company that focuses on bringing the best technological solutions and innovations that combine best cost benefits to its clients in terms of value pricing, best project layout designs, flowchart, and high-quality equipment with reliable delivery aftersales services.
Market Opportunity/ Problem
Inadequate mechanization continues to pose challenges to the local agriculture sector. Modern farming requires farmers and landowners to address profitability, fertility, conservation, among others. In addition, inadequate post-harvest storage facilities in the region expose crops to contamination by micro-organisms, chemicals, excessive moisture, fluctuating temperatures, and mechanical damage. Brazafric offers complete engineering solutions to the agribusiness sector through comprehensive customer need assessment, designs, project layouts, supply, install, train, and other customized solutions.
Company Information
Years of operation
25
Type of organization
Private company
Stage of the business
Growth stage
Agribusiness focus
Other
Agriculture value chain(s) focus?
Other
Primary country of operation
Kenya
Other country(ies) of operation
Uganda, Tanzania, Rwanda, Burundi, and DRC
How many employees does your business have?
48
Does the business have more than 30% women ownership?
No
Does the business have more than 30% youth ownership (under 35 years)?
No
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
>1m
What is the split between equity and debt?
33% debt and 67% equity