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Organic fertiliser from Guanomad.

Organic fertiliser from Guanomad.


Country: Madagascar

Business sector: Organic fertiliser

Value chain: Tertiary

Market leadership: No 1 bat guano organic fertilizer producer in Africa, Top 3 privately held guano  reserves in the world

The AAF SME Fund, managed by Databank Agrifund Manager Limited (DAFML), successfully closed its investment in Guanomad S.A., Antananarivo, Madagascar in June 2013. Guanomad is a leading producer of guano-based organic fertiliser products, which are an affordable, effective and sustainable alternative to traditional chemical fertilisers.