About the company
G2L Company Limited is a Tanzanian food processing and agricultural commodities trading company that integrates small-scale production with national and regional buyers and consumers of high-quality processed food and whole grains. The company achieves this by managing a fully capitalized and coordinated supply chain for processed food and dried agricultural commodities. The company has established and continuously invests in a strong supply chain network of smallholder farmers, farmers associations, local agro-dealers, distributors and dry commodity traders of Paddy, Common bean and Maize. This demonstrates our ability to engage with key value chain actors, particularly farmers, to optimize production through economies of scale while enhancing structures that build value chain capacity and enable the trading of commodities.
“I met some other investor who apart from expressing interest in investing in my company, told me that they have other products for helping SME’s which they are expecting to be launched in next year so that’s good”Guadensia Bakilile, Manager Of G2L Company Limited, Tanzania
Their Agribusiness Dealroom experience
Guadensia (Manager, G2L Company Limited, Tanzania) noted that G2L Company intended to start a baby food project (Instant) which will need at least 75% of maize, 5% of soybeans and 20% of other nutritional crops. To achieve this the project will require between US$1.5 million to US$4 million from banks or investors.
As a first-time attendee, the Dealroom was an eye-opener for her. “Most of the investors are looking for big companies with an annual turnover between US$1 million to US$10 million, however for us as an SME company, our turnover is below US$1million.”
Despite this, she engaged an investor who fits her company’s portfolio and she is hopeful that the relationship will result in funding. “I met some other investor who apart from expressing interest in investing in my company, told me that they have other products for helping SME’s which they are expecting to be launched in next year so that’s good,” Guadensia says confidently.
She advised that for next year’s event, the potential investors should be varied so that SMEs like G2L can secure sufficient funding for their businesses.