GFA Attract is an interview series conducted by GetFundedAfrica, where we talk to investors and business leaders about ‘every and anything’.
The African business environment, in different areas can be quite fragmented. Around the world, the importance of building Ecosystems – connecting and operating A,B & C stakeholder or process has emerged as a significant platform through which enhanced output & delivery of products and services can get into the hands of end-users.
The name of this weekend’s profiled company – “Bahranda” is a Tiv acronym for “Intermediary” and was used to refer to the Hausa traders who passed through the kingdom, to purchase harvested Agricultural products from native farmers for sale in the northern parts of West Africa.
Promoted by our latest GFA Attract Guest – Mr Lenin Ugoji, Bahranda is determined to create “impactful trade made simple”, by technologically operating a platform which acts as an intermediary dedicated to solving the perennial problem of “access to quality raw materials by the manufacturing sector”.
Check out Mr. Lenin Ugoji’s profile HERE
A Manufacturer Centric platform created to facilitate trade in agro raw materials, Bahranda aligns Agric, Supply-Chain and Manufacturing into the same ecosystem. With a stakeholder scope that extends across Small Holder Farmer Groups, Mid-Size & Large farms, Dealers, Warehouse Operators and Manufacturers, Bahranda possesses large capacity to meet these needs efficiently.
What Emerging Trends Did Bahranda Identify As An Opportunity?
a. Growing Interest in Africans who are showing increasing interest in accessing profitable alternative asset opportunities
b. Undeserved Market: The local manufacturing industry has before now been undeserved by the Tech industry in terms of facilitating funding and market interaction
c. Burgeoning Internet Adoption
d. Diaspora Involvement
e. Greater Transparency by involving a regulated Fund Manager in its operations and independent Warehousing Agent to monitor Dealer purchases
f. Power of Trade – ACFTA
In today’s feature, Lenin Ugoji delves into how the company operates, the impact on the business environment while highlighting the importance of Supply-Chain on a sector level.
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“GetFundedAfrica is a technology-based, business information platform operated by Afriscaper Research & Consulting Limited with a mission to reduce barriers to funding for African businesses. GFA matches investor ready, African & African-Diaspora owned companies with global investors, leveraging market research, industry data and news aggregation“
Previous weekend feature speaker: Joseph Edgar (Duke Of Shomolu) listen in to his interview here
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