OKEBA (U)
Description
Okeba Uganda is an agribusiness established in 2017 that undertakes farmer mobilization, training, business development services for agribusinesses, agricultural input aggregation and distribution, bulking, marketing, and processing grains and pulses.
Market Opportunity/ Problem
Only 2% of soybean protein is consumed directly by humans in soy food products such as soy milk, soy meat, soy snacks, and vegetable oil. Most soybeans are processed into aoybean meal and fed to livestock, such as poultry and pigs. Soybean has risen to become a leading crop because of its use domestically and for industrial use. The future of soybean production and utilization is bright because of the growing local and international market demand.
Company Information
Years of operation
5
Type of organization
Private Company
Stage of the business
Growth stage
Agribusiness focus
Primary production
Agriculture value chain(s) focus?
Food crops
Primary country of operation
Uganda
Other country(ies) of operation
N/A
How many employees does your business have?
18
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$)?
$1m
What is the split between equity and debt?
30% debt and 70% equity