Leadership
Encouraging community participation, inclusivity and awareness and exhibiting actions that serve as persuasive examples for others to follow.
AA Universal Agro Industries Limited is a company planned towards Nigerian and global agricultural transformation with focus to modernize food value chain processing in a cost-effective manner for national and international agricultural market. It also intends to improve and enhance local farming by curbing food wastage and connecting local Agro products to international markets Our goal is to feed the present and the future. AA Universal intends to trade in both the local and export market .
AA Universal is setting up a cocoa processing factory situated in Ikom, Cross River State. The company is currently completing the first phase of the three phase cocoa processing facility. Phase 1 will focus on cleaning and bagging of cocoa beans and expected to commence operations in 2020.
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Citizens, Staff and City Council taking ownership and responsibility to promote public trust.
Project Background
Universal is setting up a cocoa processing factory situated in Ikom, Cross River State. The company is currently completing the first phase of the three phase cocoa processing facility. Phase 1 will focus on cleaning and bagging of cocoa beans and expected to commence operations in 2020.
Ownership Structure
The company is jointly owned by the Cross River State government and Private investors through a joint venture arrangement.The company however will be actively managed by the private investors AA Universal Agro Industries owned 90% and the Cross River State 10%.
Input Sourcing
AA Universal will source its major it cocoa beans through a mix of three majors sources;
Location Analysis
Cross River State is relatively favourable to businesses especially in the Agriculture sector. Following declining federal government allocation to the state, Cross River is looking to increase internally generated revenue.
Production Process
AA Universal will operate a 10 ton/hr cocoa processing facility with mechanical capacity to manage the entire production process from input reception to packaging of the final products
Technical Partner
AA Universal is working with Buhler, based in Uzwil, Switzerland & a market leader in agrotechnology & specializes in developing processes for transforming cocoa beans to liquor, butter or powder among other derivatives
Go-to-Market Strategy
AA Universal has a strategic advantage over local competition due to the relatively high quality of Ikom cocoa when compared with cocoa produce from the South Western parts of Nigeria. AA Universal also plans to plant organic cocoa ( which is about 0.5% of total cocoa) as part of its product offerings