Tellus Agro is engaged in apiculture, crop farming, and consultancy. It recently introduced its pure raw honey product into the market and owns three beekeeping locations in Nigeria.

Market Opportunity/ Problem

Nigeria produces about 16,000 tonnes of honey and 2,000 tonnes of beeswax annually. This is unable to meet local demand as ~US$7.3million worth of honey is imported into the country annually. Tellus Agro has a production capacity of only 2 tonnes of honey and 1/2 ton of beeswax but would like to grow this capacity to service the existing gap in the market

Company Information

Years of operation


Type of organization

Private company

Stage of the business

Early stage/ Startup

Agribusiness focus

Primary Production

Agriculture value chain(s) focus?


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$)?


What is the split between equity and debt?

100% debt
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