Elideb Multiventures


Elideb Multiventures is an agro-based processing company involved in the second-tier value addition to agricultural crop with expertise in production, local distribution, raw material collection and export of these commodities. The company processes tomatoes into paste and powder without chemical preservatives, colorant or sugar addition.

Market Opportunity/ Problem

Nigeria is ironically the world’s 14th largest tomato producer and the world’s 13th largest importer of tomato paste. Although approximately 200,000 Nigerian farmers grow over 2.3 million metric tonnes of tomatoes every year, almost half of their harvest is lost before reaching the market, and the remaining 50% is subject to significant downward pressure on price due to common gluts in the markets and the perishable nature of the crop.

Company Information

Years of operation


Type of organization

Sole Proprietorship

Stage of the business

Early stage/ Startup

Agribusiness focus

Value addition/ processing

Agriculture value chain(s) focus?

Food Crops

Primary country of operation


Other country(ies) of operation


How many employees does your business have?


Does the business have more than 30% women ownership?


Does the business have more than 30% youth ownership (under 35 years)?


Financing and expansion overview

How much capital is the company currently fundraising (US$)?

Above $1m

What is the split between equity and debt?

60% debt and 40% equity
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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.