Description
ETC-CI is a subsidiary of ETC Group based out of Ivory Coast. The company is involved in sourcing/procurement and export of raw cashew nuts and cocoa beans.
Market Opportunity/ Problem
ETC-CI is involved in the sourcing and export of cocoa beans to the tune of 50,000 MT. The company’s goal is to export 50% of total volumes as sustainable cocoa beans, for which it needs to increase its processing and storage capacity.
Company Information
Years of operation
11
Type of organization
Private company
Stage of the business
Mature
Agribusiness focus
Value addition/ processing
Agriculture value chain(s) focus?
Cash Crops
Primary country of operation
Ivory Coast
Other country(ies) of operation
Togo, Nigeria, Cameroon, Ecuador, Tanzania, Ghana etc
How many employees does your business have?
95+
Does the business have more than 30% women ownership?
No
Does the business have more than 30% youth ownership (under 35 years)?
No
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
>1m
What is the split between equity and debt?
Equity: 20%, Debt: 80%