AviNiger

Debt : October 2020

BIO has granted a EUR 1 M loan to AviNiger, a state-of-the-art egg farm in Niger.

Amount

€ 1,000,000.00

Type of investment

Debt

Development impacts

  • Local economic growth
  • Private sector consolidation/innovation
  • Food security & rural development

Beneficiary locations

Sub-Saharan Africa: Niger

Investment field

Enterprises

Activity

A01.47 Raising of poultry

Organisation

AviNiger

Domicile

Niger

More investments in

AviNiger

  • Subsidy € 49,335.00 (2018-2021)
  • Subsidy € 150,000.00 (2018-2018)
  • Subsidy € 4,272.75 (2018-2018)
  • Debt € 2,450,000.00 (2017)

Avi Niger is a greenfield poultry project located in Niamey, Niger. Their main output is eggs that are sold to distributors and hotels in Niamey. Next to this poultry activity there is a small income from animal feed production, manufactured in their own installations.

Currently, as only 2 batteries out of 4 are filled with chicks, Avi Niger is selling mostly to wholesalers and has started sales to Hotels in Niamey. Until the summer 2019, there were not many big hotels in Niamey but this changed radically as the African Summit took place in Niamey. Now these hotels have created a new demand that Avi Niger is trying to satisfy. Hotels are more demanding in terms of quality but pay a better price than wholesalers.

The local competition for eggs is not impressive. Most eggs consumed in Niger are imported from Nigeria and are constituted by unsold stocks that have been frozen and/or damaged by poor transport conditions.

Development impacts

  • Local economic growth

    At the end of 2019, Avi Niger employed 45 workers (of which 10 day workers). Once the animal feed factory is realized, the amount of FTE’s would be increased to over 100.

  • Private sector consolidation/innovation

    Creating and improving economic opportunities for local farmers: Thanks to the animal feed activity, it is expected to have a serious impact on local breeders (Chickens, Camels, Cows, Sheep) and to increase productivity.

  • Food security & rural development

    Partial substitution of imports: Food is the 2nd biggest import category in Niger. The purpose of this investment is to replace the eggs imported from Nigeria (inconsistent supply throughout the year and of a lower quality)

Read impact and news about this project

My life was a nightmare

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.

Read more

View more of our investments in this region

TowerCo of Africa

Infrastructure

TowerCo of Africa

12,000,000.00

  Uganda

  09/01/2024

  Debt

SIMA Commercial & Industrial Solar Green Bond

Infrastructure

SIMA Commercial & Industrial Solar Green Bond

10,000,000.00

  Kenya, Nigeria, South Africa

  29/12/2023

  Debt

ACEP Group

Financial Institutions

ACEP Group

 4,824.00

  Niger

  28/11/2023

  Subsidy

Alterfin

Investment Companies & Funds

Alterfin

5,000,000.00

  23/10/2023

  Debt

EA Foods Ltd

Enterprises

EA Foods Ltd

 10,448.00

  Tanzania

  09/10/2023

  Subsidy

Poa! Internet

Enterprises

Poa! Internet

13,543.00

  Kenya

  24/08/2023

  Subsidy

Gebana Burkina Faso

Enterprises

Gebana Burkina Faso

 3,000,000.00

  Burkina Faso

  20/07/2023

  Debt

ASA Tanzania

Financial Institutions

ASA Tanzania

7,000,000.00

  Tanzania

  19/07/2023

  Debt

Alterfin

Investment Companies & Funds

Alterfin

 21,500.00

  11/07/2023

  Subsidy