Type of project:
Private
Region:
Bamako
Investment amount (millions CFA francs):
372
Investment amount (Euro):
567 110
Investment amount (USD):
664 286
Mali Engrais SARL Extension of the organic fertilizer production and distribution unit for Mali Engrais SARL
Mali Engrais is an organic fertilizer production and distribution company located in Sébénikoro, Bamako. The company was created in 2011 by Mr. Alassane Basse, CEO of the company. Mali Engrais is a structure specialising in :
The project includes the construction of a new organic fertilizer production and distribution unit, located at a new site in Djoliba in the Mandé commune in Bamako. The current manufacturing unit has a production capacity of 10,000 tonnes of organic fertilizer per year, and this project plans to increase this capacity to 30,000 tonnes per year.
This project also aims to promote awareness of fertilizer products among the majority of farmers in Mali and the sub-region.
The activities concerned in the implementation of these approaches are :
Stakes:
Mali is a country of about 16 million inhabitants and the majority of the population lives on agriculture and has arable land. We are seeing an ever greater increase in arable land and organic fertilizer demand to improve the yields of these crops. The fertilizer market is dominated by imported products whereas the country has sufficient quantities and quality of sources of supply (raw materials). The country is bolstering its road infrastructure thereby also strengthening economic exchanges between producers and consumers. In the Mali market there are fertilizer distribution companies (buy-sell), but the production units are till now insignificant, thus a share of the market is up for grabs.
The income level of the population has been rising in recent years, which boosts consumer demand and ability to pay.
Goals:
The objectives of this project will have a direct impact for the Mal government and its populations, namely :
The specific objectives of the project are to :
The activities concerned in the implementation of these approaches are :
Needs:
Private-public partnerships Medium-term financing. Purchase of equipment - Recruitment and training of personnel for the new production and distribution unit