Available shares are limited and once target is reached offer will be closed, reserve a position via email and decide later. A win-win situation for the sophisticated Somali investor like yourself!
You are invited to participate in a unique investment opportunity to build the first modern Somali flour mill, ama warshada burka/ daqiiqda. The mill has the capacity to process 200 tons of wheat per day and produce more than 48,000 tons of premium quality flour per year. That is 25% of Somaliland's annual flour consumption, enough to feed one million individuals each year. The plant will be located in the coastal town of Berbera, Somaliland. The combined market size of Somalia and Somaliland is 360 million dollars (usd).
Do not miss this unique opportunity that combines profit, sustainable development and food security in the Somali peninsula. This opportunity is for those who share our vision of true economic development and independence in every industrial sector of the economy for the Somali people.
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The valuation of the company will increase substantially once we close share distribution. This means anyone who would like to purchase shares later and want in will have to buy from the existing investors that hold the shares and pay a much higher price. This is advantageous for those who took the initiative of acquiring a stake in the business now. The early investors can sell part of their shares to the late comers at a higher price and realize their initial investment immediately and more. While keeping the remaining shares with Boodhari Mills to appreciate year after year. Investing early has huge financial benefits. A limited number of shares have been issued for the private investor like you, only 30% of the project expenditure is allocated as shares. Do not miss it! There are two simple requirements that every potential investor must be aware off, for details please click on the FAQ's tab on the top right of this page;
1.Minimum investment of $2500 USD is required for investment, contact us for additional information on documentation, banks and local xawaalad offices which Boodhari has agreements with for fund acceptance. Boodhari is required to abide by law to all local regulatory framework for transparency and operates under the private placement investment criteria.
2.Private investors have the option to sell their shares at anytime to another prospect. The private investor is to hold the position for at least 12 months if they are not selling the shares to another investor, as the capital will be put towards operational aspect of the business.
You will be able to recover your initial investment i.e. $20, 000 (year zero on graph) within the first three years. Return on Investment is projected at 35% in the first year and gets better year two and three.
Great Investment opportunity that also addresses Social and Sustainability is very rare to encounter in one location, and this opportunity comes once in a lifetime and it is here right now, Boodhari Mills. Read, watch and listen to the elements of this website and do your own independent research.
If you feel this opportunity is for you grab it. This is the most amount of information delivered for a Somali enterprise and the team at Boodhari will address any further questions you may have, simply send us an email.
Boodhari mills will establish sales offices in each of the major towns in Somaliland and Somalia; these will act as order collection bases by actively conducting daily sales calls and delivering required amount of Boodhari premium flour. Sales distribution lines are via warehouse owners who supply small retail shops or known as cooshad and tukaan locally. The warehouse owners have heard of this project and are keen on getting the rights to distribution as their profit margins will increase and the quality of flour will be second to none. If you would like to be considered for distribution rights contact any member of the team on the links of this page.
Somalia and Somaliland nearly spend 360 million dollars (usd) annually on flour consumption. This is a large market and the potential for investors is enormous. The bur/daqiiq is not a luxury item that can be replaced and consumption is guaranteed by all those who are able. Foreign corporations will move in to exploit this untapped potential and may not offer the opportunity to invest and prosper such as this offer extended to you by Boodhari Group.
|Global Wheat + Freight + Berbera Tariff||Boodhari Flour: Wheat + Production Cost/Ton Flour||Boodhari Flour Whole Sale Price||Imported Flour Whole Sale Price|
|Source of 2017 Wheat Price: IGC,CBOT Local Somaliland Prices: Hargeysa rep. and Warehouses.|
The table illustrates international wheat prices which have been ranging between $170 and $180 per ton for grade #1 black sea wheat. As well as freight, port tariff and wholesale comparison of Boodhari and the competition. Grade #1 wheat has a high a protein content as a result of inputs such as fertilizers and pest control. Africa imports flour made from Grade 2 & 3 which is of lower quality and the flour is cheaper. If Boodhari mill was operational today, these would be the numbers the books would reflect. Wholesale price comparison and range of freedom for price movement is much better than the competition. This freedom of movement will allow boodhari mills to test competition price comfort zones in imports. In this example, Boodhari paid a higher price for better quality grain, while the competition paid lower price for lower quality grain. This is phenomenal for investors once you consider 80% of the cost comes from the grain procurement.
The return on investment in the developed countries is low as a result of economic stagnation, fierce competition within industry, stringent regulation, and lately an investment return of 6% is seen as a stellar performance. Many African countries are joining the emerging markets and that is where the money is flowing into. It is the new frontier and profits are higher for the investor who is willing to take the opportunity. Somaliland and Somalia will enter emerging markets due to their global strategic position, untapped resources, the migration of the diaspora, improving geo-political scene and ease of acquiring education and information.
Flour is the central staple diet for all Somalis and is consumed as Anjero or Kimis/Roti (bread). Turkey and India are the major exporters of flour to the mainland. Both countries grow low grade wheat quality arising from lack of inputs such as fertilizers and import wheat to meet international flour standards.
The mill will be purchasing raw wheat from the international open markets as the mills located in Turkey, Oman and India. The competition therefore does not have any meaningful edge of the proposed project in securing the raw material. It should be noted that Somaliland has lower labour wages than other international countries and thus reduces the operational cost of running the project. Most importantly the customers deserve quality food products found in the developed countries.
The flour imported from Asia is deficient in many micro nutrients such as Vitamin A (FAO). Most of the western countries have adopted to compensate for this shortcoming and fortify flour with the essential micro nutrients lost during processing. The diet sensitive segments of the population such as young children and pregnant women do not get much nutritional value from the bur. We intend to fortify and add the micro nutrients lost from the germ seed of the wheat during processing.
Wheat purchase and delivery follow specifications that must be adhered to such as moisture level of seed, ergot thresholds (fungus), aggregate foreign material such as debris and rocks found in grains, and the falling number which is an indication of the quality of the anjero or bread it will produce. The region does not have food regulatory framework and Boodhari will use Canadian Wheat Board specifications when procuring desired grain type. We have a working relationship with some of the major global grain distribution and marketing firms such as Luis Dreyfus and Ameropa to name a few. The wheat will be sourced from the black sea countries and will arrive through the Berbera Port which has sufficient ground transportation to get the wheat from port to the mill.
The mill will also produce 30 tons of animal feed per operational day from the wheat bran and germ, which is separated from the endosperm of the wheat kernel and is not used in flour making. The feed will be sold to the local livestock exporters as Somaliland and Somalia currently rank among the top in the world in livestock exports. Furthermore both regions as a whole suffer from intermittent droughts and historically natural grazing lands are scarce. There is no major animal feed supplier, this puts Boodhari flour mills in a position to fill the market need.
The United Nations, Islamic Relief Organizations and many other entities purchase food for the developing world in large quantities. Boodhari Mills is on the vendor list of the united nations food program and can act quickly and deliver nutrition dense premium whole wheat flour once production starts. Fortified with micro-nutrients and deliver to any region within a matter of hours and not weeks which is the current scenario right now. By utilizing Boodhari Mills, these organizations get competitive food price per unit, below the cost of procuring in the international markets. More importantly accomplish their goal of reaching the Somali people, a win-win situation for Boodhari and these organizations. Simply put, they save money which can be used to buy more goods to relief more hunger. The problem of coordination and overseas shipments and delays of critical life saving sustenance will be eliminated once Boodhari Mills starts production and will fill this market gap.
We must be self-sufficient and uplift the Somali people through entrepreneurship while making an ethical profit at the same time.
For more information and relevant proprietary information which is reserved for those who are serious about investing, contact us at firstname.lastname@example.org and review FAQ's section of the site.
Berbera gets 328 days of sunshine annually and is ideal for solar energy generation. An energy assessment has been completed for the project and hybrid energy system is viable. We are currently in pursuit of affordable solar battery storage systems including tesla's which is currently not available in Africa and quite expensive in the united states. For the time being the sources of power for the project are electric diesel generators, however it will not be the only source of energy in the years to come. This will lower operating cost in the long term and contribute to the competitive edge of Boodhari Mills over imports.The factory will be generating it's own power with machinery at the same price as power generating companies and will not be purchasing the famous $1 kwh rates. Fuel prices have significantly come down in the last few years.
The conditions that exist in Somaliland are at their best, Dubai Ports World committed to investing $442 million to upgrade the Berbera Port capabilities. Ethiopia has also signed a memorandum of understanding and committed to importing 30% of Ethiopia's trade needs from the port. This will position Boodhari Mills to export flour to Ethiopia which is landlocked and incurs much higher cost in obtaining goods from the international markets. In-fact Boodhari flour may be one of the only few products that is made in Somaliland which Ethiopia has a true need for it.
Sustainable community development is at the core of Boodhari Mills, and the project will create 40 direct jobs and a lot more. We intend to be involved in the communities we operate in. Boodhari will empower women in rural areas (tuulo) who sell bakery products by supplying (selling) to them small affordable enriched 5kg and 10 kg Premium Boodhari Bur sealed packages. The rural families do not have the capital to buy 50kg packages. The second phase of the sustainable program will involve direct training in bakery and business development to help uplift the women of the rural communities.