Leemex Foods is a leading producer and exporter of quality instant African foods, who has been manufacturing quality Ghanaian food for over a decade. After ten years of operation, CEO John Kofi Mantey has grown the business from selling to local informal markets to large super markets as well as exporting to the US, Australia and Germany. All ingredients are sourced from local farmers inthe Eastern and Volta Regions of Ghana.
As a United States Food and Drug Administration certified company, Leemex uses its high quality standards to train 20 local farmers to produce high quality ingredients, free of organic preservatives and additives. This improves standards and ultimately means local farmers are able to retain contracts and receive additional sources of income.
Plans are underway to build a new manufacturing facility and introduce new products, but a lack of finance and a formal business plan is jeopardising long-term growth. Without a well-structured business plan Leemix is unable to deliver on these plans.
How Leemex benefited from the BAP
To secure Leemex’s future, John Kofi Mantey successfully applied to the BAP requesting that EY consultants help Leemex to:
1) Create a detailed business plan and keep good financial records on the business to understand performance.
2) Apply for finance to fund expansion plan and the building of a new manufacturing facility.
3) Manage the demands for growth, with the day-to-day operating needs and the training of local farmers.