Tonwa Agro Engineering Ventures
Tonwa Agro Engineering deals in seedlings production, especially oil palm and citrus varieties. It as well does plantation establishment for small and medium growers and produces special palm oil and fabricate palm oil processing equipment
Market Opportunity/ Problem
Nigeria is a net importer of palm oil due to its large population. The demand for special palm oil and other palm tree products continues to increase owing to their vast domestic and industrial uses. Tonwa Agro Engineering’s products address this gap in the market
Years of operation
Type of organization
Stage of the business
Early stage/ Startup
Value addition/ processing
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?
80% Equity and 20% debt