Agroserv Industrie SA

Subsidy : February 2021

BIO has given USD 12,350 of Technical Assistance to Agroserv Industrie, which processes and markets maize products in Burkina Faso.

Amount

€ 10,256.00

Type of investment

Subsidy

Beneficiary locations

Sub-Saharan Africa: Burkina Faso

Investment field

Enterprises

Activity

Agribusiness

Organisation

Agroserv Industrie SA

Website

https://agroserv-industrie.com/

Domicile

Burkina Faso

Agroserv Industrie (Agroserv) has been operating since 2008 in Ouagadougou in the processing and marketing of maize products: Gritz, Semolina, Flour and Bran.

Agroserv is proactively involved in the upstream structuring of national agricultural value chains by providing technical and financial support to a large network of small producers and farmers' organisations from which the Company obtains its supplies, thereby enabling it to control the quality and costs of its raw materials.

With a dynamic growth and financial performance constantly increasing over the last 5 years, the management of Agroserv is considering the development of a food processing complex aiming, on the one hand, to increase the primary processing capacities, and on the other hand to diversify the production by introducing secondary processing lines.

Technical Assistance

The goals of the Technical Assistance are:

Assess the company's compliance with the regulatory and legal framework for E&S risk management.
Identify potential compliance gaps and recommend mitigation measures (H&S, labour conditions, land acquisition and use, supply chain, resource use, ...)

Expected Impact

A better understanding of the legal framework concerning the E&S aspects in which the company operates
Better control and mitigation of E&S risks
Identification of ways to improve E&S aspects

View more of our investments in this region

Financial Institutions

The Currency Exchange Fund n.v.

7,091,000.00

Bangladesh, Cambodia, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Vietnam, Bolivia, Brazil, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Algeria, Egypt, Iraq, Jordan, Lebanon, Morocco, Syria, Tunisia, Palestinian Territories, Benin, Burkina Faso, Burundi, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia

05/09/2007

Equity