AviNiger
AviNiger is a greenfield company that has been incorporated to set up a cutting edge poultry farm for egg production.
Amount
€ 2,450,000.00
Type of investment
Debt
Development impacts
- Local economic growth
- Private sector consolidation/innovation
- Food security & rural development
Beneficiary locations
Investment field
Enterprises
Activity
Agriculture - Eggs
Organisation
AviNiger
Domicile
The project is to set-up a state of the art chicken farm in Niger with well-known technologies. The egg market in Niger has currently a low capacity and only a few professional farms are active. As a consequence, a lot of eggs are imported from neighbouring countries as Nigeria, Ghana and Ivory Coast, often at low quality and high price. The population of Niger is one of the fast growing in Africa. Therefore, in the short and long term it makes sense to set-up a professional farm in Niger.
The full capacity of the project is 144.000 chicken which will be deployed in 4 different buildings each containing 36.000 chicken. + one building for one day chicken up to four months with a starting capacity of 40.000.
Development impacts
-
Local economic growth
The company will have around 40 local employees and will help diminish (low quality) imports of eggs from Ivory Coast, Ghana & Nigeria.
-
Private sector consolidation/innovation
Avi Niger will attract experienced personnel and will create a distribution channel for quality eggs.
-
Food security & rural development
By year 4-5, the local production capacity will be at 37 million eggs per year.
Read impact and news about this project
Impact Story
My life was a nightmare
21-01-2019
The story of Myriama is a typical one, where people - through no fault of their own - are experiencing hardship but are trying their hardest to overcome it. These people often only need a little push in the right direction - like the availability of affordable eggs to make omelets from. And that’s the kind of impact BIO is looking for.
View more of our investments in this region
Financial Institutions
BRAC International Finance
12,815,000.00
Liberia, Sierra Leone, Tanzania, Uganda
08/11/2024
Debt
