Gebana Burkina Faso
- Country
- Burkina Faso
- Technology
- Multiple
- Business model
- SME
Gebana Burkina Faso (GBF) is a company part of the Gebana group building integrated and sustainable food supply chains. GBF processes and exports Fair Trade and Organic cashew nuts and dried mangoes. The firm is established in Bobo Dioulasso where it sources local cashew and mango from about 3,500 farmers.
Funding objective
EDFI AgriFI will invest a total of EUR 3 million in GBF, this together with the Belgian DFI BIO Invest, also committing EUR 3 million. The financing is aimed at supporting the creation of a new processing facility for cashews and dried mango in Bobo Dioulasso. The project will allow to increase processed volumes and optimize sustainable energy use.
Investment rationale
This investment falls under the funding of the AgriFI-ACP Regional Window. It will contribute to impact ~6,000 farmers by 2026 and to create employment in a rural area of Burkina Faso.
Gebana activity leads to higher income for farmers thanks to premium linked to organic and Fairtrade certification and profit-sharing mechanism with farmers (10% of turnover in Gebana web shop is distributed back to farmers).
More about Gebana: www.gebana.com/en/
- smallholder farmers
- 6,000 by 2026
Impact
- Financial Instrument
- Senior loan
- Amount
- EUR 3 million
- Year
- July 2023