DADTCO Mandioca Mocambique Limitada (DMM)
Agriculture, Agribusiness & Blue Economy
Information
Company Description
DMM is an agroprocessor of cassava. We produce Tapioca Starch which is sold nationally and into the SADC region. All cassava is sourced from a network of small holder farmers.
Countries of Operation
Mozambique
Ownership of Company:
Joint European and Local
European: 95%
Local: 5%
Number of years since incorporated
13
Project Pitch
There is a huge market for local produced starches and cassava is the ideal starchy crop for Mozambique. DMM is an experienced agroprocessor of cassava and is aiming to fill the gap between demand and supply while simultaneously playing into one of the strengths of Mozambique: cassava cultivation! With the market on the doorstep and raw materials secured, it is up to DMM to build the necessary scale by constructing an innovative and inclusive agricultural value chain.
Team
The team consist of experienced entrepreneurs on the African continent and combines overseas experience with local talent.
Type of Project
Private Company project
Stage
Growth stage
Annual Revenue (in EUR)
250.000 - 500.000 EUR
Number of employees
51-100
Total Project Cost (in EUR)
4,500,000.00
Financing needs (in EUR)
400,000
Type of financing needed
Equity; Grant
The Company is looking for:
Financing; Joint Venture/Partnership;
Planned allocation of fundraising capital
Expansion (expanding an existing activity)