We are pleased to invite you to a Deal Share Live session – Southern African Development Community Focus on 29 June 2023 from 3 pm to 4:30 pm EAT. For this live pitching session, we will feature a diverse group of Southern African Development Community entrepreneurs who have founded remarkable ventures across various industries. These eight high-impact enterprises’ deals are endorsed by the Graca Machel Trust’s Afrishela and Women Creating Wealth programme.
About the Enterprises
Deka Foods
Deka Foods is an agri-business specializing in producing, aggregating & processing premium food products and distributing them at competitive pricing while ensuring freshness, quality, and variety. They offer nutritious, healthy, quality, and incredibly fresh ingredients at a competitive price point sourced from their supply chain and community of sustainable farmers and food producers, using technology to connect consumers with local small-scale farmers and food producers. They add value to the supply chain by carrying fresh produce in refrigerated delivery vehicles that improve the shelf life of the products, reduce food wastage and maintain quality. The company distributes and markets products locally to individuals, and high-end intermediary markets including hotels, restaurants, catering companies; and small shops and vendors. They have been in operation for over 3 years reporting revenues of over $200K with year-on-year growth of over 50% and projected growth of over 100%.
Funding Needed: $100,000 in Debt and Grants
Sector: Agribusiness
Homeland Farm
Homeland Farm is an award-winning Agri-business specializing in rearing chicken for meat and egg production. Has an established commercial layers farm for fresh eggs production and a broiler farm for chicken meat processing. They distribute and market products locally – 80% to vendors and agents, and 20% to mining sites. Their revenues are over $690K with over 30% and promising year-on-year growth
Homelands has Installed modern systems, processes and procedures within the business, grown from 2,500 layers in 2019 to 19,300 layers currently and Installed a modern arbortuor used solely for slaughtering and processing
Funding Needed: $230,000 in Debt and Grants
Sector: Agribusiness
Kazi Yetu
Kazi Yetu is a social enterprise that creates a range of products that are ethically sourced, traceable, and produced in East Africa – sources teas, herbs, and spices from farms around Tanzania, and processes, blends, and packs the teas into finished goods. Tanzania Tea Collection is the company’s flagship brand setting a benchmark for consumer goods for African agri-business. They distribute and market these products locally to hotels, supermarkets, and cafes, as well as internationally through distributors and online channels. With over $230K in revenues, healthy margins (up to 60%) and 40% year-on-year growth, they have seen their customer growth to over 120 B2B customers in Tanzania and 80+ in Europe, with over 100 repeat clients
Funding Needed: $350,000 in Convertible Debt, Revenue Sharing Debt, Equity
Sector: Agribusiness
Denic Cabinets
Denic Cabinets offers end-to-end solutions – from design, manufacturing and installation of premium customized kitchen units, built-in cupboards and office furniture. The enterprise targets residential, corporate and retail customers and has recorded revenues of over $178K. They use bio-degradable processing material and local production through their own factor set-up that minimizes carbon emissions. Denic has completed jobs in several provinces in South Africa including Gauteng, Mpumalanga, Limpopo, Northwest, Zimbabwe & Zambia; and for clients including Eskom, St. Stithians Boys College along with wedding Stores, jewellery Stores, lingerie Stores.
Sector: Manufacturing
Sidern Trading Pty Ltd
Sidern is an enterprise that produces and sells a variety of table eggs including grade A large eggs, medium and small eggs, and speciality eggs such as omega-3 enriched eggs because of the quality feed. They sell their products to wholesale entities. The enterprise has seen growing revenues (over $27K) and high growth potential. So far, they have secured funding of >35K to grow the business, boosted capacity to 3500-layer eggs, taken part in Cochran fellowship program and attended a poultry course with the University of Georgia in USA-2017 and purchased their own land and refrigeration bakkie
Funding Needed: $300,000
Sector: Agriculture/Agribusiness
Maluba TV
Maluba TV is a woman-inspired media platform, that connects the diversity of African content with family and lifestyle, news, edutainment, reality, infotainment, documentary, tourism, climate change and current affairs content. Their content includes lifestyle content, innovation & digital technology, news & current affairs entrepreneurship documentaries. They have seen growing revenues (over $45K) and have a high growth potential. They have coverage to 750 homes in Zambia and reached an estimated 1,000,000 viewers on digital platforms through its partnered financial services corporate sponsors online presence Stanbic Bank Zambia and Zanaco Zambia. Maluba secured a partnership in December 2022 – with a global satellite services provider with a footprint in 100 million homes in Africa. This allows the massive scale-up of the advertising business revenues from global companies selling their products and services via TV and Digital online platforms across Africa and Europe.
Funding Needed: $250,000 in Grants and Equity
Sector: Communications
Home Industries
Home Industries is an agro-processing enterprise that processes rice, sunflower and groundnuts into brown and white rice, cold-pressed sunflower oil, peanut flour, and peanut butter for domestic and export markets. The company distributes and markets these products locally to women savings groups, education institutions, restaurants, various retail outlets, and individual vendors. They have held sustainable agricultural training for over 1,500 smallholder farmers growing rice, sunflower and groundnuts and Increased incomes for farmers that build climate adaptability
Home Industries has revenues over $150,000 with high growth potential and are fully certified by the Malawi Bureau of Standards (MBS), and the Food and Drug Administration (FDA) in the U.S.
Sector: Agribusiness
Wijays Enterprise
Wijays manufactures soaps, detergents, cosmetic products, essential and herbal oils, edible cooking oil, and supplies medical equipment and protective wear. The company targets individuals, schools and hospitals and has been in operation for over 5 years. The enterprise’s local production minimizes carbon emissions. Wijay’s revenues are over $85K. They are certified by Malawi Bureau of Standards and their brands carried in nearly all reputable national distribution chains like Sana, Chipiku, Farmers World, Save Mats among many others
Funding Needed: $150,000 in Debt
Sector: Manufacturing
