Comptoir de Distribution de Produits Agro-alimentaires S.A.R.L. (CDPA)

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CDPA was founded in 1988 as a family business for import and export of frozen poultry and fish. They became the largest fish importer and second largest poultry importer in Benin. With the aim of improving the value chain and reducing its dependency on import, the company decided to launch local productive activities, more precisely in farming poultry and eggs. They created a new subsidiary to this end, AGRISATCH.

BIO is financing the expansion of AGRISATCH’ capacity through a loan to the mother company, CDPA, together with the French development finance institution, PROPARCO. The aim is to double the current production capacity of eggs and to develop the chicken farming activity for meat consumption.

This is the first direct financing project for BIO in Benin, a partner country of the Belgian development cooperation. The poultry sector is not new to the BIO team, as we have financed several companies in the sector in Senegal, Mali and Burkina Faso.

The project contributes to an increased independency for Benin in terms of food production.

Moreover, AGRISATCH has started implementing the “outgrowers scheme”, by which small local producers are supported. In practice, this means that the company provides chickens that are ready to lay eggs from European bread. These European chickens result more productive in egg laying than the African breads. This implies a lesser risk for the producer. He can then sell the eggs back to AGRISATCH, but that is not obligatory. The outgrowers scheme is in its initial stage, many small local producers are not yet able to finance the acquisition of these chickens.

Furthermore, AGRISATCH sells chicken food to many producers that allows them to considerably improve the quality of the eggs.

Development impact:

  • Local economic growth: increase food independency
  • Private sector consolidation/innovation: The expansion project stirs up the ambition of other large producers.
  • Food security and rural development: increase access to quality food

In 2015 BIO also subsidized a € 69.190 technical assistance project.


  • Investment amount (€):

    € 3 M

    Agribusiness specialized in chicken eggs

  • Contract signature :

    2013

  • Nature of intervention :

    Debt

  • Development impacts :

    • 1 — Local economic growth
    • 2 — Private sector consolidation/innovation
    • 3 — Food security and rural development