DADTCO Mandioca Mocambique (DMM)
Description
In the past the company worked together with AGRA on the development of the cassava value chain with a special focus on the company’s agricultural program
Market Opportunity/ Problem
In the first 8 years the company supplied a ‘wet’ cassava paste to the brewers. Since 2019 the company has been producing a ‘dry’ cassava starch. The market diversified and demand for the product rose sharply both in and outside the country. The market is bigger than the company can handle and the company needs to scale up both the volumes produced by the smallholders as well as its own efficiency and capacity.
Company Information
Years of operation
9
Type of organization
Private company
Stage of the business
Growth stage
Agribusiness focus
Value addition/processing
Agriculture value chain(s) focus?
Cash Crops
Primary country of operation
Mozambique
Other country(ies) of operation
N/A
How many employees does your business have?
49
Does the business have more than 30% women ownership?
No
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?
66% equity and 34% debt