Description
Eleblu is an environmental, natural resources, and agribusiness firm, with recognized expertise in, tree seedling production and the production, processing, and supply of dried chilis to processing facilities in Accra (Ghana) for the past 5 years. The company understands the quality requirements and is consistently able to produce and aggregate to meet market standards.
Market Opportunity/ Problem
“The company is solving for the following issues: 1. Import substitutes: Eleblu is working to reduce the amount of pepper Ghana imports from Togo, United Arab Emirates, South Africa, Egypt, Lebanon, India, etc. 2. International market shortfall: In the European Union, the United Kingdom is the major destination for Ghanaian pepper. This apparent comparative advantage is attributed to Ghana having a favourable seasonal marketing window to export to the European Union as it coincides with the dry season in India. 3. Business to business collaboration: Leveraging the production scale and capacity of the company’s nucleus farm and out-growers will enable it to supply its powdered pepper to companies like Dufil prima foods (Parent company of the Noodles brand Indomie) that imports heavily from Indonesia and Vietnam and also retail its products nationwide.”
Company Information
Years of operation
7
Type of organization
Private company
Stage of the business
Growth stage
Agribusiness focus
Value addition/ processing
Agriculture value chain(s) focus?
Food crops
Primary country of operation
Ghana
Other country(ies) of operation
N/A
How many employees does your business have?
25
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$)?
50k-500k
What is the split between equity and debt?
25% equity: 75% debt