I used ‘’Black soldier fly’’ larvae for Animal Feed Production. Insects are reared and the larvae are collected and kept at a temperature of 55°. The larvae are grind and incorporated with other elements to produce poultry, pigs, and fish feed.
Highlights
- We have an excellent prototype (maggots) that is replacing soybean in feed.
- We have reached more than 1000 farmers in the West of Cameroon.
- Our product is eco-friendly and it reduces carbon emissions.
- Our product is cheap and its works in a circular flow.
- Insect rearing helps to reduce carbon footprints.
- Insect farming has reduced poverty and the prices of chickens in West Cameroon.
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The Business details for the Animal Feed Production project
Our farm is involved in the rearing of animals, insects, and the cultivation of crops. We have a very large farm of more than five hectares. We have animals like pigs, fowl, goats, and sheep. Insects such as ”Black soldier fly” and grasshopper. Crops such as cocoa, avocado, pawpaw, mango, corn, cassava, banana, plantain, beans, and vegetables.
We produce insects’ meal that is used as feed for animals. We also do the transformation of chili into chili powder and chili oil.
The Market
The Cameroon feed sector has a very large market with an estimation of over $500 million.
This is a great business investment.
Progress/Proof of the Animal Feed Production project
The Cameroonian market is very large and with the creation of the African Free Trade Continental Area we can now sell our products to 54 African countries with no restriction on people and goods. The Free Trade Area has a market of more than 1.2 Billion people.
A business plan with a detailed presentation is available upon request.
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Objectives/Future
Our goals are to provide a cheap alternative to soya bean which is very expensive. We wish to supply insect meals to all the poultry and pigs in Cameroon and to extend our product to many African countries. We will like to have about 20% of the Cameroonian market shares in 5 years. We need to hire a marketing strategist and a business consultant to help my company enter the African market.
The Deal details for the Animal Feed Production project
- The target for the Animal Feed Production project is $1 000 000 – With a $100 minimum per Investor
- No Previously investment was raised for this deal
- We are offering Equity
40% Equity
- No benefits like the EIS scheme or SEIS scheme offered
- Current stage of the project is MVP/Finished Product
- A monthly Involvement role is preferable for this project (Silent investor, Daily involvement investor, and Weekly involvement investor are acceptable for this investment opportunity)
- Any investor type is suitable for this project (Angel Investors, Peer-to-Peer Lender, Personal Investors, Venture Capitalists)
- The main industry for this investment opportunity is Agriculture with the subcategories AgroTech, Fruit & Veg, and Horticulture
- We are located in Cameroon
Contact us for more information and details about the Animal Feed Production project
Disclaimer: The content of this investment opportunity has not been approved by an authorised person as defined by the Financial Services and Markets Act 2000. Relying on this investment opportunity to involve in any investment activity exposes an individual to a significant risk of losing all of the property or other investment funds. Investors should conduct their own thorough research and seek professional advice.
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