Addis Herald
  • Home
  • History
  • Africa
  • Travel
  • Music
  • Culture
  • Art

Culture

  • E00B6DCF-A08A-4223-8597-6734E7355A12Dagmawi Lalibela: The Newest Rock-hewn churches in Ethiopia
  • Iconic Ethiopian Foods You Have To Try   Read More: https://www.mashed.com/884367/iconic-ethiopian-foods-you-have-to-try-before-you-die/?utm_campaign=clipIconic Ethiopian Foods You Have To Try
  • 84B33505-D18B-4ECE-93DE-A07FC7B80E66The psychological pains of Ethiopian intellectuals
  • Hair salon in Addis AbabaHana Yilma Godine: Substance in Ethiopia
  • Or. 607The Ethiopian Emperor’s Manuscripts

Business

  • F2AF3430-E3DE-4268-B34F-BD909DAF120EUndeserved Wealth
  • 024951BA-2567-4745-85CA-1E7377D9CE64Chinese Construction Companies and Addis Ababa Booming Skyscrapers
  • 1BD88921-C209-419C-884E-908B9FBE7CECOrganized Crime Pours Cold Water On Coffee Exports
  • 07BDA6D0-DF40-41AD-9B5D-C8D723DD9D3AThe Battle for Semiconductor Supremacy ‘Chip Wars’
  • Coca-Cola-Beverages-Africa-opens-new-100m-Ethiopia-bottling-plant1Coca-Cola Beverages Africa Opens New $100m Bottling Plant in Ethiopia

Africa

  • 33F9F92C-3417-486D-AFA0-07790AA4A3E4Africa’s smaller cities are usually overlooked: They shouldn’t be
  • 608AA5EC-B99E-4124-84AB-040EEBB5C8A6Is The US Continue Destabilizing Ethiopia? Mystery Document Revealed That Showed US/Egypt Covert Operation Training TPLF In Uganda
  • 1D758AB5-D045-4AA0-8FD8-A2FB5D49C1ACIs Ethiopia and Africa as Whole Prefers a Strong Russia over the West?
  • E271ECC4-7700-4378-ACB7-35BA1E0D8451China Says It Wants To Play Bigger Role in Horn of Africa security
  • Africa-futureThe 20th Century Belongs to Europe’s, the 21st Century Is Asia’s, and the 22nd Century Will be Africa’s
Home_Static_module_3
November 10, 2019

African Bamboo is using Orbit to find a corporate finance advisory

Africa Agribusiness

Since 2012, African Bamboo has built a vertically integrated supply chain from 10,000ha of natural bamboo forest in Ethiopia. The company has also grown a production facility consisting of 16,500 m2 factory space for the manufacture and export of bamboo-based composite boards.

Finding the right advisor

African Bamboo was seeking a corporate finance advisory firm with experience in agri-processing and capabilities in Ethiopia. The business needed to restructure its investment material and mandate an advisor during the investor-engagement process to raise funds and grow the business.

“We used Orbitt’s services matching marketplace to identify the top advisors who had demonstrated track-record in our industry,” says Rania Duri, Deputy Manager at African Bamboo.

“From the 152 potential investment advisors that were registered on the platform with experience in the agriculture industry, we were able to use Orbitt’s filters to cut down the options and see the firms that had executed similar transactions across East Africa. Not only did this save us time ringing around our network, but it instilled a certain amount of trust in the companies that we were selecting from.”

Save time contacting relevant services providers

The platform provided African Bamboo with individual contact information and previous transaction history to assess the relative capabilities of the service providers. The Orbitt team were then on-hand to ensure the two counterparties were in touch and the process was underway.

“From a shortlist of 6 matches, we were quickly able to speak with two of these advisors and understand their service offerings,” says Rania. Within a week, African Bamboo had conducted introductory calls and received a proposal for the work needed.

Getting on with our day job

As a family business focused on running the day-to-day operations, the team was delighted to find an advisory partner without absorbing significant time or effort. “We’re busy people,” explains Rania, “and finding advisors for a complex and sensitive stage in our company’s growth was made simple and efficient with the help of Orbitt’s financial services marketplace.”

“Ultimately, we’re focused on raising the required capital to commercialise our flagship bamboo decking company. We want to provide new revenue streams for 17,000 farmers and create a further 1,460 jobs.”

“Finding the right partner who can help get us into a position to achieve that has been smooth and painless. We are happy to work with Africa Merchant Capital (AMC) Advisory due to their great track record and the fact that they have closed a number of similar transactions in the past few years.”

Orbitt

Orbitt matches global investors with Africa’s growing companies to increase the efficient allocation of capital across the continent. As the first digital deal origination and processing platform for Africa-focused investment professionals, the smart-matching technology of Orbitt is connecting the African investment ecosystem. Members include investors, fundraisers and intermediaries.

www.orbitt.capital
www.african-bamboo.com

Rwanda’s mountain gorillas are luring upscale visitors, generating funds that help sustain the rare apes. Ethiopian flag carrier is seeking approval from Transport of Canada to launch Montreal route

Related Posts

33F9F92C-3417-486D-AFA0-07790AA4A3E4

Africa, News

Africa’s smaller cities are usually overlooked: They shouldn’t be

An Open Letter to the European Union

News

An Open Letter to the European Union, and to Its Representatives

F2AF3430-E3DE-4268-B34F-BD909DAF120E

Business, News

Undeserved Wealth

Bill Gates plans personal pandemic army

https://youtu.be/8LQLtXvWHx0
https://youtu.be/oT1LO-6OC-I

Travel

  • Ethiopia has Over 10,000 Megalithic Monuments dating Back to the 1st CenturyEthiopia has Over 10,000 Megalithic Monuments Dating Back to the 1st Century
  • ethiopia_ethiopian_wolf_35Brilliant Ethiopia: The Unique Wonder
  • F6BD7E94-BC77-4B3E-B905-7B140F12F5FDKenya Had an Elephant ‘Baby Boom’ — and Now You Can Adopt One
  • Addis_herald_omo_3910 Main Tourist Attractions Places in Africa
  • Homage to Entoto Park How the Old “Town in the Forest” is turning into a newly flowering tourist hubHomage to Entoto Park How the Old “Town in the Forest” is turning into a newly flowering tourist hub

Africa

  • 33F9F92C-3417-486D-AFA0-07790AA4A3E4Africa’s smaller cities are usually overlooked: They shouldn’t be
  • 608AA5EC-B99E-4124-84AB-040EEBB5C8A6Is The US Continue Destabilizing Ethiopia? Mystery Document Revealed That Showed US/Egypt Covert Operation Training TPLF In Uganda
  • 1D758AB5-D045-4AA0-8FD8-A2FB5D49C1ACIs Ethiopia and Africa as Whole Prefers a Strong Russia over the West?
  • E271ECC4-7700-4378-ACB7-35BA1E0D8451China Says It Wants To Play Bigger Role in Horn of Africa security
  • Africa-futureThe 20th Century Belongs to Europe’s, the 21st Century Is Asia’s, and the 22nd Century Will be Africa’s

Culture

  • E00B6DCF-A08A-4223-8597-6734E7355A12Dagmawi Lalibela: The Newest Rock-hewn churches in Ethiopia
  • Iconic Ethiopian Foods You Have To Try   Read More: https://www.mashed.com/884367/iconic-ethiopian-foods-you-have-to-try-before-you-die/?utm_campaign=clipIconic Ethiopian Foods You Have To Try
  • 84B33505-D18B-4ECE-93DE-A07FC7B80E66The psychological pains of Ethiopian intellectuals
  • Hair salon in Addis AbabaHana Yilma Godine: Substance in Ethiopia
  • Or. 607The Ethiopian Emperor’s Manuscripts

Business

  • F2AF3430-E3DE-4268-B34F-BD909DAF120EUndeserved Wealth
  • 024951BA-2567-4745-85CA-1E7377D9CE64Chinese Construction Companies and Addis Ababa Booming Skyscrapers
  • 1BD88921-C209-419C-884E-908B9FBE7CECOrganized Crime Pours Cold Water On Coffee Exports
  • 07BDA6D0-DF40-41AD-9B5D-C8D723DD9D3AThe Battle for Semiconductor Supremacy ‘Chip Wars’
  • Coca-Cola-Beverages-Africa-opens-new-100m-Ethiopia-bottling-plant1Coca-Cola Beverages Africa Opens New $100m Bottling Plant in Ethiopia

RSS Allfrica.com News feed

  • Africa: Terrorism Affecting Socio-Economic Life of Some African Countries - National Security Minister
  • Africa: Ghana Banned From U-17 WWC African Qualifiers
  • Africa: Giving Malaria, Neglected Tropical Diseases the Attention it Deserves Will End Preventable Suffering
  • Africa: Do Humanitarian Agencies Help Refugees Become Independent? Evidence From History
  • Africa: Androids in Human Populations
  • Africa: New Assessments On the Values of Biodiversity and Sustainable Use of Wild Species to be Released
  • Africa: CAF Postpones 2023 Afcon to 2024
  • Africa: Nature-Positive Ventures Crucial for Continent's Future - Experts
  • Africa: African Union Establishes One Health Coordination Group On Zoonotic Diseases
  • Africa: Continent's Learning Crisis is 'Failure of Monumental Proportions'
  • Abijitta-Shalla National Park
  • Alatish Ethiopian National Park
  • Awash National Park
  • Babille Elephant Sanctuary
  • Bahir Dar Blue Nile Millennium Park
  • Bale National Park; Ethiopia’s lesser-known Treasure
  • Bale Mountains National Park
  • Borena-Sayint National Park
  • Chebera Churchura National Park
  • Dati Wolel National park
  • Gambella National Park
  • Gambella National Park 2
  • Kafta-Sheraro National Park
  • Mago National Park
  • Maze National Park
  • Nechisar National Park, Ethiopia
  • Omo National Park 
  • The Semien Mountains
  • Yabello National Park
  • Yangudi Rassa National Park
© Addis Herald 2022
  • Contact us
en English
am Amharicar Arabiczh-CN Chinese (Simplified)en Englishfr Frenchde Germanel Greekhi Hindiit Italianja Japaneseko Koreanla Latinru Russianes Spanishsu Sudanesesw Swahilisv Swedish