ETG

company

About

ETG is one of the largest & fastest growing integrated agricultural conglomerates present across more than 48 countries.

  • 5001 - 10000

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$15M
Industries
Agriculture,Food and Beverage,Infrastructure
Founded date
Jan 1, 1967
Number Of Employee
5001 - 10000
Operating Status
Active

ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, and South East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries.

ETG runs its business under five business verticals:
1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa
2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts.
3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa
4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc.
5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$15M
ETG has raised a total of $15M in funding over 2 rounds. Their latest funding was raised on May 11, 2020 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 11, 2020 Debt Financing $15M 1 Finnfund Detail

Investors

Number of Lead Investors
Number of Investors
1
1
ETG is funded by 1 investors. Finnfund are the most recent investors.
Investor Name Lead Investor Funding Round
Finnfund Yes Debt Financing