Agroserv Industrie SA

Subsidy : February 2023

BIO has granted EUR 43,924 of technical assistance to Agroserv Industrie, which processes and markets maize products in Burkina Faso.

Amount

€ 43,924.00

Type of investment

Subsidy

Beneficiary locations

Sub-Saharan Africa: Burkina Faso

Investment field

Enterprises

Activity

C10.61 Manufacture of grain mill products

Organisation

Agroserv Industrie SA

Website

https://agroserv-industrie.com/

Domicile

Burkina Faso

More investments in

Agroserv Industrie SA

Debt € 3,000,000.00 (2022)
Subsidy € 23,035.00 (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.

Technical assistance

The technical assistance is aimed at supporting the development of Agroserv’s HR function for the company to become better equipped and capable of attracting and retaining talents.

Expected impact

The TA will support Agroserv to establish an HR function, in collaboration with newly recruited resources and in line with the needs identified through the process of formalisation of its Environmental and Social (E&S) practices. The project will enable the company to improve its internal policies, operations and practices linked to governance and resource management, which it is ultimately necessary for Agroserv to become better capable at sustaining itself from an internal management perspective and to meet its growth ambitions.