Skip to content
Distrifoods Nigeria
Description
Impact driven Agribusiness making safer, affordable Nutrified Snack Foods more accessible and available to Low & Medium Income Earning Households LMIEHs In Nigeria. We improve livelihood of 700 Small Holder farmers in 10 States, and distributes micronutrients dense – Vit A, B2, Iron, Folic & Zinc -foods in 21 States.
Market Opportunity/ Problem
92% of snacks available & accessible to School Age Children in Nigeria are empty foods- sugar dense, mostly flour based. We offer BOP, low sugar, Groundnuts/Eggs based fortified snack, Xpressbite® Peanuts Snacks, & Xpressbite® MultiGrain Foods, all -in one food providing for Preconception to Early Child Nutrition to address PPOs putting 21,00 daily births at risk in Nigeria. Estimation of 2.5% of Total Eligible Market spending N200 once a year = N705,000,000.00 yearly Estimation of 2.5% of Total Eligible Market spending N500 per week = N1,762,500,000 weekly.
Company Information
Years of operation
13
Type of organization
Sole Proprietorship
Stage of the business
Growth stage
Agribusiness focus
Value addition/ processing
Agriculture value chain(s) focus?
Groundnut, Maize, Millet, Spices, Cowpea, Sorghum
Primary country of operation
Nigeria
Other country(ies) of operation
N/A
How many employees does your business have?
120
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$)?
$1.2M
What is the split between equity and debt?
40:60
