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ROYAL Global Investment LTD. Linking small-scale Honey producers in Africa to high-value markets

Cover image of ROYAL Global Investment LTD., E-commerce venture on VC4A

One of the Major challenge in business of Honey and Beeswax production in Africa is that the buyers in the market mostly comprises of middlemen who have been accused of buying up the Honey at almost give away prices and sell at outrageous prices to consumer and retailers,small-scale honey producers encounters high production cost in theirs efforts to boost production but hardly get fair pricing of their products from the middlemen.
I’m working on the development of a Mobile Applications that directly connects honey producers to the market.
Kenya is the third important honey producers in Africa after Ethiopia and Tanzania as per the Kenya Institute for Public Policy Research and Analysis (KIPPRA).Recent studies shows that there are over 143,343 Beekeepers in kenya owning about 2.6 million Hives.
Our Application being a subscription-based set at $3.5 monthly fee,we target to have over 110,000 Beekeepers on our plartform and we anticipate annual revenue of $ 4.5 million from keny

Sectors E-commerce
Location Kisumu, Kenya
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