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, Togo, Mozambique Tanzania, and Portugal. We will be able to share more details soon.
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.
Aspuna Group’s has recently launched its consulting 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 consulting services to clients who share our willingness to generate positive social-returns for local commodity producers and communities.