The demand for livestock and poultry products is growing faster than the production in African countries. Local meat production covers part of the demand, while the rest is met by imports. The major constraints for production are inadequate feeds in terms of quality and quantity, diseases, poor genetics, and lack of commercial orientation.
To feed the growing African middle class, the livestock industry needs to grow immensely.
Livestock Bank provides the best breed of pigs, goats, sheep, and rabbits to farmers, along with the feed and veterinary services. We provide all this for free to farmers, purposefully distributing animals to as many farms as possible.
So far we’ve been swapping the male animals for females at other farms to increase the flock, but next year we’ll buy the males when they are market ready. When the females have a litter, we give one animal to our farmer and spread the others to new farms, growing the network.
Livestock Operates today in four districts across Rwanda with (as of the end of 2021) 8,500 animals located at over 1,000 smallholder farmer. We are targeting expand across all of Rwanda and eventually into DRC, Zambia, Benin, Kenya, and Malawi.
Livestock Bank vision is to become the digital-driven Livestock farming company by automatizing the whole value chain
Founded and bootstrapped in December 2016, we focused first on building the network. Significant revenues begin after the pandemic, once we set up our own slaughterhouse, cold storage, and shipping facilities.Listen to “The Opportunity is Livestock Bank – Herve Tuyishime & Justine Umuhoza” on Spreaker.