Agricorp International Development Limited

Malaysia
Kampung Bertam Ulu, Melaka, Malaysia

Company profile

Agricorp International Development Limited company profile

Agricorp is a proudly Nigerian company that provides global exports to clients of ginger sourced in key trading markets in Kaduna (Nigeria). We currently have an origination processing facility in Nigeria. In 2019, the team invested in building a semi-mechanized processing facility in Kaduna, capable of processing over 5,000MT of ginger annually. The facility employs over 100 local workers (80% women) in the cleaning and sorting sections of the process. In 2020, the company established its UK entity (Agricorp Inc.) to support its marketing efforts in pushing more products to Europe. Nigeria is the second largest producer of ginger in the world, but meagerly accounts for just 3.5% of the export market share due to capacity constraints and consistency. With this investment, Agricorp can deliver on exporting ginger and other processed spices to major buyers in the Middle East, Europe and America.

Business identity

Contact email
[email protected]
Phone number
+234-802-597-7758
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$1M-$10M
Founded
2018-11-07

Headquarters

Country code
MY
Continent
Asia

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
2
Total equity funding
$17.8M
Last funding
Series A / $17.5M / 2021-09-02
Last equity funding
Series A / $17.5M
Investors
3
Lead investors
1
Founders
2
Articles
1

Founders and investors

Founders

Kenneth ObiajuluOyewale Omotimirin

Lead investors

Vami Nigeria

Investors

AFEXOne CapitalVami Nigeria