Future: Seeking Investment for building and operating commodities processing facilities in Africa that serve local and global markets cost effectively, utilizing "First in Class” processes. Leveraging a backward integration strategy (Agri-tech). Current: Selling Go Africa branded products in the USA on Amazon.com. Products launched between 2016 – 2018. Go Africa LLC: U.S. Based Firm, Located in New York City. Founded in April 2014.
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Title Go Africa · 28/08/2019 · North American markets for cashew & cocoa products (current). Size of Global market for cashew & cocoa products (current). Sources: statista.com,
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Future: Seeking Investment for building and operating commodities processing facilities in Africa that serve local and global markets cost effectively, utilizing "First in Class” processes. Leveraging a backward integration strategy (Agri-tech).
Current: Selling Go Africa branded products in the USA on Amazon.com. Products launched between 2016 – 2018.
Go Africa LLC: U.S. Based Firm, Located in New York City. Founded in April 2014.
OUR FOCUS (Products & Market)
CASHEWS CACAO
COFFEE PEANUTS
Our Market Focus
• Go Africa Brand: Retail for
local & global markets
(B2C).
• Private Label: Production
of custom & specialized
products for local and
major partners (B2B).
• White Label: Commodities
produced, processed and
sold in bulk (B2B).
• Trading Portal: Allows for
the placement of large &
customized long-term
orders (B2B).
Go Africa LLC legal structure
Go Africa LLC
(USA based)
Go Africa LLC (GHANA)
foreign Subsidiary
GOAE Trading Limited
(NIGERIA) foreign subsidiary
THE PROBLEM / THE SOLUTION
THE PROBLEM : The cost of getting high quality commodities to the global market on a
consistent basis in a timely and efficient manner (too many middlemen & touchpoints).
THE SOLUTION : produce locally and sell direct (B2B & B2C)
• Efficient Production & delivery to market• Reduced supply chain cost• Savings of up to 40% from current market prices• Provides economies of scale and lower costs for Go Africa branded products
Cashews (Africa)
Processing
(Asia)
Processing & finishing (USA or Europe)
Buyer (B2B)
Consumer (B2B)
Cacao (Africa)
Shipping & Middlemen (USA or Europe)
Processing (USA or Europe)
Buyer (B2B)
Consumer(B2B)
Cashews/Cacao
Processed & finished locally (Africa)
Buyer (B2B)
Consumer (B2B)
Costs Costs Costs
Costs Costs Costs
$2B
Potential size of
African market for
cashew & cocoa
products (current).
$19B
THE MARKET SIZE (CONSUMPTION) 2019 for cashews & cocoa
We chose Africa because we are leveraging “First in Class” processes, technologies, and local government incentives to deliver lower cost products to the global market. Areas of focus for competitive advantage:
• Local government incentives: We are in receipt of exemptions and credits that allow us to operate at a distinct cost advantage.
• Will locate in Free Trade Zones in every African Country to optimize benefits and other incentives.
• Speed & agility of operations: We will utilize pre-built warehousing facilities in all locations to maximize investments, lower time to market and provide the ability to scale production quickly and efficiently.
• Location of 8 of the top 10 largest producers of Cashews in the world
• Location of the 1st & 2nd largest producers of Cacao in the world
• Go Africa will scope customers requirements and provide a quote for requested services inclusive of the following:• Facilities & Logistics • Commodities, production costs and Labor• Distribution, Marketing, and other sales services
• Go Africa may optionally procure the following for the customer to support production of private label products • Lease, terms and space for segregated production per the customer requirements • Logistics services for shipping to global markets are provided
Pr ivate Labe l Of fer ing
Agility Africa (Ghana)Land area of 16 Hectares• Being developed in phases
Once fully developed, the ALP will have a total built-up-area of 100,000 sqm• Warehouses, assembly and light
manufacturing facilities, offices, retail units and open storage yards
• Security, • Logistics, Power, Water, waste
management • Internet • Medical clinic
•Constructed to date• 13,000+ sqm warehouse with 0ffice
space• 700 sqm standalone office / retail
space• Up to 10,000 sqm open yard space
Under Construction: Completion in 1Q2019• 18,000+ sqm warehousewith office space
(Macro projections)REVENUE PROJECTIONS
Go Africa LLC (all planned facilities)
2019 2020 2021 2022
Total Revenues4,622,727.50 16,178,227.90 38,516,450.90 85,838,083.50
Projected Growth 250% 138% 123%
Total Cost of Goods Sold(2,260,731.1) (7,727,084.5) (22,321,502.9) (48,100,104.1)
Margin 49% 48% 58% 56%
Total Operating Expenses(990,747.0) (1,451,610.7) (1,879,103.1) (2,833,830.5)
• Received export permit From Ghana Export Authority.
• Began Investment funding Solicitation.
• Added members to the Executive Board.
• Opened Dubai Office (for increased access to customers, incentives & investors).
• Awarded grant of 250K from the African Development Bank for Nigerian facility.
• Opened corporate offices in Nigeria & Ghana (per exemption, legal, sales, and compliance requirements).
• Participating in startup accelerators.• Newchip (USA)• Seedstars (Nigeria)
• Opened credit facilities with Ecobank & Barclays bank (Ghana).
• Received Ghana Free Zone Authority (GFZA) approval.
• Received credit insurance approval for international customers from Euler Hermes.
• Filed Reg D form with SEC.
LEADERSHIP & CORE MANAGEMENT TEAM (U . S . B a s ed Tea m )
DR. DENNIE M. BEACH
Founder, President
PhD Public Policy,
Masters from NYU, 22 Years in tech (Microsoft,
IBM, Dell). Global sales &
management
experience.
LOSSENI KONESVP Managing Director (Sales)
24 years of experience in commodities
sales & trading. Extended tenure with KPMG and Ernst & Young in
Europe
DR. SAMUEL JONES
Co-Founder, Chairman
MD, Stanford Grad, 20 years of
experience in health & hygiene
operations
DR. ERIC FOUHCTO,
PhD in Computer
Science from Virginia Tech. 5
years of experience in AI,
mobile computing &
workflow processes
RICHARD IYASSERE
VP operations B.S. from CUNY in environmental
safety & operations. 20
years experience in engineering,
safety operations and
management
The management team has a over 80 years of cumulative experience in agriculture, manufacturing, commodities trading, health, education & technology. Extended team is fluent in over 10 languages.
IBRAHIMA SOUARE
VP Budgeting Forecasting MBA,
from CUNY10 years
experience in SMB deal
structuring & finance
LEADERSHIP & CORE MANAGEMENT TEAM (Africa & Middle east)