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
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How to engage

Please reach out to us on dealroom@agra.org for any queries or support. The SMEs can be reached directly through the unique link found on their company profile page.