Agroserv Industrie SA

Subsidy : March 2022

BIO has granted EUR 23 K in technical assistance to Agroserv Industrie, which processes and markets maize products in Burkina Faso.

Amount

€ 23,035.00

Type of investment

Subsidy

Beneficiary locations

Sub-Saharan Africa: Burkina Faso

Investment field

Enterprises

Activity

C10.6 Manufacture of grain mill products, starches and starch products

Organisation

Agroserv Industrie SA

Domicile

Burkina Faso

More investments in

Agroserv Industrie SA

  • Debt € 3,000,000.00 (2022)
  • Subsidy € 10,256.00 (2021-2021)

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 goal of the technical assistance is the development of an environmental and social management system (ESMS) adapted to the context in which the company operates. This manual will include a set of internal guidelines, procedures, tools and means to identify and manage the company's exposure to E&S risks. Competence building through E&S training for staff is planned.

Expected impact

This mission of implementation and monitoring of the ESMS will allow for

  • a better understanding of the E&S issues related to Agroserv's activities,
  • the implementation of E&S tools and procedures within the company,
  • a mapping of the E&S risks and vulnerabilities and
  • as a responsible and sustainable management tool.

Read impact and news about this project

BIO and EDFI AgriFI co-invest EUR 6 M in AgroServ

News

AgroServ

24-10-2022

EDFI AgriFI and BIO co-invest EUR 6 M in AgroServ

Read more

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