Photo - KODGAV
50758

KODGAV

Streamlining access to Africa’s food supply chain

United Kingdom
Market: Food industry, Blockchain
Stage of the project: Operating business

Date of last change: 09.12.2023
Min amount of loan
$  50.000
Estimated yield
10 % a year
Go to the owner's profile
8
Total required
$ 250.000
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Idea

KODGAV is a supply chain solution for companies in the food industry sourcing ingredients from Africa.

We use blockchain technology to help the food industry in Europe source directly from Africa without food fraud, commercial risk, and cross-border trade barriers.

We are progressing to the seed stage to grow our ARR to $1M. With over 100% YoY growth, we've sold over 600 tonnes of food ingredients to the British and French food industry.

Current Status

• Revenue-generating and profitable
• Booked $1.3m in sales in the first year of launch
• 100% YoY revenue growth
• Annual Market Share Growth of >400%
• Market share in the UK and France

Market

1. Food Manufacturers
2. Food Wholesalers
3. Retailers
4. Food Service Industry

Problem or Opportunity

The link to Africa's food supply chain is fragmented, inefficient, and not easily accessible to buyers in foreign markets.

Our ecosystem connects all key stakeholders across the supply chain under one roof, providing convenient access to buyers in foreign markets.

We leverage blockchain technology to reduce food fraud, commercial risk, and trade barriers for the food industry in foreign countries sourcing ingredients from Africa.

Competitors

1. Traditional Offline Exporters
2. Online Digital Solutions

Advantages or differentiators

1. Blockchain
2. Niche focus
3. Plant-based
4. Tailored to the food industry

Loan terms

12 months

Interest rate, %

10

Solution (product or service)

Our ecosystem connects stakeholders across the supply chain, bridging the gap between foreign buyers and Africa’s supply chain.

Team or Management

Photos

Photo 1 - Streamlining access to Africa’s food supply chain
Photo 2 - Streamlining access to Africa’s food supply chain
Photo 3 - Streamlining access to Africa’s food supply chain
Photo 4 - Streamlining access to Africa’s food supply chain
Photo 5 - Streamlining access to Africa’s food supply chain
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