You can particpate and invest in this project starting at $2500 in Somaliland and Somalia by visiting our local office in Hargeysa or send an email and we will contact you.
The Boodhari Team Will be Visiting Ukraine and the Odessa port to meet commodity dealers and logistics agents for grain shipments, with a permanent office planned.
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 combined market size of Somaliland and Somalia is 360 million dollars (usd) per year.
A unique opportunity that combines profit, sustainable development and food security in the Somali peninsula. The grain storage facility is located in the coastal town of Berbera to recieve international grain shipments, the Mill at Maroodi Jeex and Grain Cultivation from GabileY, Awdal & Sanaag regions.
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.
click on the video
Minimum is $2500 USD, contact us for additional information on documentation. The valuation of the company increases substantially once we close funding for seed capital. Typically valuation of a company is 4-5 times higher after it has entered market successfully.
Boodhari Mills is subject to be audited by independent treasury committee chosen from public figures and Somaliland business community to oversee all expenditure of goods and services the company undertakes at the committee's leisure. The treasury committee is an important component for Boodhari Mills and is inline with company's mission and vision.
Meet Amina, farmer and employer of many many many men! at her onion and pepper farms in Somaliland. The backbone of Somali society has always been the women. Sustainability commitments to rural development is a core value at https://t.co/U0bjwZL1LS a start up in agribusiness. pic.twitter.com/n7ZgEy0eDL— Boodhari Mills (@BoodhariMills) November 28, 2017
We are looking for equity financing please click on the FAQ's tab on the top right of this page
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 strategy is to establish sales offices in each of the major towns in Somaliland and Somalia; these are to 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 is 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.
1991-2011: We, the Diaspora injected $11.2 billion through remittances to the Somali Economy, compared to 13 billion from Aid https://t.co/mKtgvWYCEc Will the next generation of Somalis be upto the task? Development by the people https://t.co/nzrTYulveV pic.twitter.com/zGw0JWO4cC— Boodhari Mills (@BoodhariMills) December 8, 2017
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. This opportunity is for you to consider in participating in this untapped market in agri business.
|Global Wheat + Freight + Berbera Tariff||Boodhari Flour: Wheat + Production Cost/Ton Flour||End User Prices|
|Source of 2017 Wheat Price: IGC,CBOT Updated Oct. 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. Horn of Africa imports flour made from Grade #3 which is of the lowest milling quality.
If Boodhari mills 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 grants boodhari mills to have and edge in the market and test competition price comfort zones in imports. In this example, Boodhari paid a higher price for better quality grain (grade# 1), while the competition paid lower price for lower quality grain (grade#3). Despite such differences in price, Boodhari far exceeds in return on profit and quality. 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.
Boodhari Mills will purchase raw wheat from the international open markets similar to the mills located in Turkey, Oman, Egypt and India. The competition therefore does not have any meaningful edge over 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.
Soil Sampling & vegetation assessment reveals the regions suitable for wheat cultivation. We got the right team to deliver the project, https://t.co/csmaKz9Glm. A flour mill and animal feed start up. We are crowd funding and you are invited. follow us on twitter for more info. pic.twitter.com/dKkh5ZOyQJ— Boodhari Mills (@BoodhariMills) November 7, 2017
The grain supply in part is from overseas and 25% produced inside Somaliland. Boodhari Mills is currently scouting rich natural organic lands of Somaliland with the intention to enter into cooperative initiatives with local farmers. Boodhari Mills is to provide all the inputs needed for grain cultivation and drought tolerant seeds. The areas that have been identified as wheat belts get approximately 400-800mm of rain annually. This is sufficient for the wheat cultivation, 75% of the world's wheat production ranges in this interval of rainfall (FAO). Most of 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.
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 international wheat specifications when procuring desired grain type. We have a working relationship with some of the major global grain distribution and marketing firms with positive feedback and guidance.
Dr. Osman Sh. Ahmed was the Lead Country Officer for Middle East Department of the World Bank. He joined the World Bank Group in 1985 until his retirement and has worked in various capacities, including the World Bank’s first Resident Representative in Yemen, Division Manager of Corporate Planning at the International Finance Corporation (IFC) a subsidiary of the World Bank, also as a Principal Policy Analyst, and Senior Economist.
Driven by the urgency to alleviate food in-security and enhance economic development in the Somali peninsula, he founded the Boodhari group. Abdi Nur has more than ten years in soil sciences, agriculture, construction and environmental compliance sector and has participated in the completion of major projects. He put together a team of winners found here on this page and many others around the globe, each specializing in their niche to make Boodhari Mills a winning project for investors and the Somali People. His hobbies include the natural sciences and financial markets.
Sacad has eight years of professional experience in the Oil and Gas industry and possesses knowledge of top quartile industry standards in planning, executing, engineering and budgeting both major and minor plant shutdowns. His primary focus is to drive and deliver cost effective projects both short and long term safely. Sacad will target key performance indicators (KPIs) for Boodhari Group, and will increase the efficiency of Boodhari Mills. "What can be measured can be managed".
Mukhtar is a senior engineer and principal engineer within the electrical and instrument disciplines and is at the highest echelon of his chosen discipline. Mukhtar brings professional experience of more than 13 years in the oil & gas industry both in onshore and offshore installations in maintenance and modification of mega projects. He has broad experience in BID preparations, FEED studies and Front End Loading studies to target optimization of the conceptual design, basic and detailed engineering systems. He is currently the spokesperson in Europe for the Boodhari Group and brings top notch professional experience.
Mustafa has thirteen years of professional experience in logistics, technical support, and financial administration with experience in both the telecommunication and health industry backed by academic training in accounting and management. His primary focus is to be the first point of contact for Boodhari Mill’s internal and external clients while ensuring the management of shareholder investment records, dividend appropriation, and the overall financial administration of the company is aligned with Boodhari Mill’s strategic goals.
Suhur is a community developmental activist, a teacher, an active Social Media Personality and Boodhari Mills Shareholder. Suhur spearheads Boodhari Mills events, engagements and overall public relations and has a phenominal work ethic.
Andrea Ferreri has built large scale petrochemical plant sections exceeding over 2 billion dollars. He is currently erecting oil and gas facility for a major petrochemical company in excess of 1 billion dollars. Abdi and Andrea have worked together in the past and built strong professional friendship. Andrea will bring world class expertise to the execution of the project.
Hugh has 20 years of HSE Management experience within the heavy industry sector and holds both undergraduate and postgraduate qualifications in Construction, Occupational Health and Safety Workplace Training and Assessment. He has gained extensive experience at providing vision, leadership and strategic HSE planning. Hugh brings to Boodhari Group the ability asses risk to workers and the population at large from conception to completion and during operation of the mill.