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Arab Company for Red Meat (under implementation)

Arab Company for Red Meat (under implementation)

Location : Mauritania

Sector : Animal Production Sector

Sub-Sector : Meat production

Establishment:

2019.

Location:

Nouakchott.

Shareholders  :

Authorized capital is MRO 177 Billion and shareholders are:

Shareholders

Contribution percentage
AAAID 30%

Aynina Ould Eyih Group

40%
Zine El Abidine Ould Cheikh Ahmed Group 30%

 

Main Activities:

Production, processing and marketing of red meat both externally and internally.

Production Capacity:

  • Production of about 10.7 thousand tons of red meat.

The Project Feasibility Study:

  • The investment cost estimated at USD 9.83 Million.
  •  
  • Financial Indicators:

  • - IRR : 24.1%.
    - Payback period : 7 years.
    - Average annual return: USD 3.56 Million.

Required Finance:

About US $ 4.9 Million in loans.

Invesmtent Opportunities:

  1. Participation in equity.
  2. Providing loans for the project.