Durdurcad

Processing
  • Sector Manufacturer
  • Country Somalia
  • Founding date June 2018
  • Stage Idea
Durdurcad tomato processing company
1.1 Executive summary
First Durdurcad is a Limited Liability Company based in Boorama,
2.2 Problem Somali is the second largest producer of tomato in East Africa.prouction 20 million tonnes poor storage
3.3 Solution We at Durdurcad believe that we will produce quality canned Tomato paste, Tomatetchup
4.4 Team
founder Mohamed
manager sacdia

General

Sector
Manufacturer
Category
Consumer, Enterprise
Product usage or interact
API)

Business

Target customer
whole sellers, local markets in east Africa big market
Customer acquisition strategy
hunter-visitors -leads - customers -advocates
Revenue model
Production tomato paste tomato ketchup and sauce

Market info

Market size
$60,000,000
Competition
there are not currently domestic competitors
Startup traction
The market for Tomato paste . East Africa has a large market for Tomato paste, with a population of over 160 million people and an estimate three countries population growth rate of 5.7% per annum, an average growth rate of 3.5% per annum in the past five years.

Total early investment
$109,850
Shareholder structure
Owner type
Name
Equity
Mahomed Abdilaahi
Founder
% 51
Sadia
Co-Founder
% 49
Investment round
Angel Investment
Investment amount
$109,850
Equity on offer
% 21.0

Team

Mahomed Abdilaahi Abdilaahi  - Somalia
Total team member
4
Comment
Last update: 25.01.2020