Agricorp

Production, processing and trading of agricultural produce

Business Model:

Revenue: $0

Employees: 11-50

Detailed Agricorp Information

Geographic Data

Agricorp headquarters map

Address: 10B, Ladi Alakija Street

City: Lagos

State: lagos

Zip: 100234

Country: NG

Financial Info

Stage:

series a

Raised Last:

$18M

Raised Total:

$18M

Metrics

8,977,079Website Global Rank

234Website Monthly Traffic

Twitter Followers

Description

Agricorp is a proudly Nigerian company that provides global exports to clients of ginger sourced in key trading markets in Kaduna (Nigeria). We currently have an origination processing facility in Nigeria. In 2019, the team invested in building a semi-mechanized processing facility in Kaduna, capable of processing over 5,000MT of ginger annually. The facility employs over 100 local workers (80% women) in the cleaning and sorting sections of the process. In 2020, the company established its UK entity (Agricorp Inc.) to support its marketing efforts in pushing more products to Europe. Nigeria is the second largest producer of ginger in the world, but meagerly accounts for just 3.5% of the export market share due to capacity constraints and consistency. With this investment, Agricorp can deliver on exporting ginger and other processed spices to major buyers in the Middle East, Europe and America.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
9/2021 Series A $0 AFEX
One Capital
Vami Nigeria
AFEX
One Capital
Vami Nigeria
11/2018 Seed Round $300k
11/2021 Equity $9M
9/2021 Series A 3 $17.5M One Capital LLC
AFEX
AFEX
One Capital
Vami Nigeria
Announced Date Name Price

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