Togo: Kinkéliba tea startup seeks CFA124 million to start industrial production

Economic governance
Tuesday, 23 July 2019 18:05
Togo: Kinkéliba tea startup seeks CFA124 million to start industrial production

(Togo First) - Komi Dovi Koudou, founder of Natuthe Kinkeliba, the startup that produces Kinkéliba tea, plans to start industrial production soon. To this end, the young Togolese entrepreneur intends to raise CFA124 million.

In an interview with Togo First, he declared: “We are mobilizing funds to acquire equipment, to produce more rapidly, and reduce related costs and subsequently get our Kinkéliba tea to all social classes.”

The funds should help the firm increase its production area to 20 hectares (from only two now) by 2025.

Komi Dovi Koudou added that he hopes parternships born from the recent Togo-EU economic forum will concretize, yielding investments for his business. He also urges Africans to promote his product, thus contribution to job and wealth creation.

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