Lines of Business:
Our original business model focuses on the building of local processing capacities in partnership with farming communities.
We started this arm of the business in The Gambia. Where, in our flagship 1,200 meter processing factory, we are transforming cassava into starch of a quality so far unrivalled in Africa and with the ability to substitute expensive imports.
Cassava starch or internationally known as tapioca is an extremely versatile commodity with a wide range of applications, stretching from the pharmaceutical, food and textiles industries to the bio fuels market. Our value-adding operations in The Gambia are much in line with the government’s World Bank-backed vision and strategy to unlock the country’s abundant, but under-utilised, agricultural wealth to help eradicate hunger, poverty and unemployment.
In The Gambia we are currently extending our processing operations to include tomato and mango capacities.
Aspuna Group is currently setting up new processing operations in Nigeria, Mozambique, Ghana, Uganda, and Portugal. We will be able to share more details soon.
Aspuna has recently set up a new joint-venture in Tanzania with JV Biotech Enterprises Company Limited, an Agro-processing business and manufacturing private company. The company focuses on value addition to agricultural raw materials such as cassava, potato and maize. In 2016 It started to produce bio-plastic bags and disposable food containers using potato peels. The business later started to directly process cassava and transform it into Tapioca starch, cassava flour, bio-fertilizer, and animal feed from 2017 onwards. JV Biotech Enterprises Company Limited has started to work closer with Aspuna Group Ltd on the expansion and building up large scale and enhanced cassava processing capabilities in Tanzania.
2. Trading operations
We have recently launched our trading operations for African agricultural products. Our new line of business stems from our vertically-integrated approach and commitment to generate positive social returns through the provision of international market access for local farming communities. We operate at significantly reduced transaction costs in order to guaranty healthier margins for our growers.
Our team holds an extensive expertise of commodity trading overall with more than 40-years of combined experience. Our traders have in-depth understanding of issues driving commodity prices and their trading mechanics. Their activities are supported by our in-house market research and analysis, which helps us to successfully hedge risks. The Aspuna trading team operates with the highest degree of integrity and strive to increase market transparency.
We have the following offers in our portfolio:
Vegetable Cooking Oils
3. Advisory Services
Aspuna Group’s has recently launched its advisory services. This new unit has been borne out of the successful establishment of our Africa-based processing business. As firm and deep believers in the value of knowledge-sharing as a catalyst for broad socio-economic impact we are now offering our robust agro-processing and trading expertise to assist public and private organisations in extending African processing capacities. Our services in this area include:
- Agricultural sector surveys
- Conduction of feasibility studies
- Strategy advise and implementation guidance
As a social impact business we can only provide advisory services to clients who share our willingness to generate positive social-returns for local commodity producers and communities.
Our advisory unit receives enquiries from across the African continent, all of which we take time to assess. And each year we work with a selected group of project managers to help develop sustainable processing plants. If you are looking for assistance in implementing your project vision, please get in touch with “advisory” in the subject line.