AquaFarmsAfrica is an agri-tech company based in Conakry, Guinea, with plans to expand throughout West Africa. The company employs aquaponics farming techniques (a combination of fish farming and soilless agriculture) to locally and sustainably produce fish and niche vegetables and fruits that would normally be imported from outside of the continent.
The company’s tech-enabled social franchise model provides a “business-in-a-box” to young entrepreneurs. New entrepreneurs focus on production, while AquaFarmsAfrica manages other areas of the operational value chain such as procurement, quality control, marketing, sales and logistics. Their proprietary app allows franchisees to better manage their sites while enabling management of quality control and logistics at lower costs. Franchises also are easily scalable and offer a transparent investment model for diaspora, increasing local access to capital.