Continuum Multiservices Global Enterprises
Description
Continuum Enterprises is a food processing company located in Ibadan, Oyo State, Nigeria. The company produces cassava derivatives such as high-quality cassava flour and starch. The company is poised to harness the latest technology in the food processing industry to deliver quality and nutritious food to its customers. Continuum Enterprises’ management team is vibrant and regularly upskilling to keep up with the new developments to bridge the gap in the food system.
Market Opportunity/ Problem
The market size of the cassava derivative business in Nigeria is over US$600 Million annually, and the share of Nigerian companies in this market is less than 10% of this total market. Therefore, there is a big opportunity for a company like Continuum Enterprises to fill this gap. The company’s finished products include high-quality cassava flour and starch are used predominantly in the food, pharmaceutical, and brewery industries.
Company Information
Years of operation
3
Type of organization
Sole Proprietorship
Stage of the business
Early stage/ Startup
Agribusiness focus
Value addition/ processing
Agriculture value chain(s) focus?
Cash Crops
Primary country of operation
Nigeria
Other country(ies) of operation
N/A
How many employees does your business have?
10
Does the business have more than 30% women ownership?
Yes
Does the business have more than 30% youth ownership (under 35 years)?
Yes
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
500k-1m
What is the split between equity and debt?
30% equity and 70% debt