Salem Group is an investor and manager of several portfolio companies in the Food and Agriculture Value Chain across Africa. We started our first investment back in 2006, following an strictly organic, self-financed, growth strategy, investing over a decade of time and effort across Africa to understand the food and agricultural value chain, and hence using our team expertise and solid supply-chain platform to invest in adjacent businesses across the African market and globally.
Our mission is to offer the global processing industry and consumers a reliable, high quality and healthy products which are sustainably produced, sourced from farmers in Africa for a fair price, support farmers in their development and increase their living standards. Our experience, deep supply chain understanding, and operational involvement in Africa enable us process, market and distribute our products with great care while minimizing the environmental impact and ensuring fair returns to farmers.
Our investment approach is centered on delivering superior returns in emerging markets, following and adjacent growth strategy, whilst integrating environmental, social, and governance (ESG) factors into our investment decisions from investment origination to exit. This approach has been a key contributor to our success as a hands-on investor in Africa and has helped us build a superior track record across our markets.
Salem Group investment disciplines are described as follows:
1. Operational excellence: In this case focus is on best running costs; good products at competitive to low prices. The focus is on efficiency, streamlining processes, supply chain integration, low inventories and standardization of products and processes are the key.
2. Product leadership: In this case focus is on the best product using the latest technologies and to be the first to do so. Constant focus on offering new products, new market penetration, services offered, customer experiences and continuous research and development to improve product and operations.
3. Customer intimacy: In this case, the company is offering the best possible solution for our customers globally, by being dependable and responsive to the customer’s needs. Everything is done to satisfy the needs of the costumer as long it is worthwhile. The focus is on long term relationships, exceeding the client’s expectations.
Considering the type of products and the market Salem Group is active in, with a high focus on prices, the activities are focused first on Operational excellence and secondly on Product leadership. For example, our company has been the first in Africa to offer Organic row crops at commercial scale to European market, thanks to our lean operations platform that enables us to bring down organic production cost-structure, and also for being supported by our customers who rely on us as their long-term supplier.
Africa has tremendous potential in agriculture. The continent contains more than half of the world’s uncultivated arable land and features a geographic position with year-around warm weather, abundant sunlight, ample water sources and direct sea/air links to worldwide markets.
“Africa has around 600 million hectares of uncultivated arabl
Africa has tremendous potential in agriculture. The continent contains more than half of the world’s uncultivated arable land and features a geographic position with year-around warm weather, abundant sunlight, ample water sources and direct sea/air links to worldwide markets.
“Africa has around 600 million hectares of uncultivated arable land, roughly 60 percent of the global total.” McKinsey Global Institute
We believe that Impact investment solves the problem of sustainability by focusing on creating self-sustaining enterprises that deliver a positive economic, social, and environmental impact. Investments that focus on sharing prosperity, operational excellence, profit-generation do not require continuous capital inflow after initial invest
We believe that Impact investment solves the problem of sustainability by focusing on creating self-sustaining enterprises that deliver a positive economic, social, and environmental impact. Investments that focus on sharing prosperity, operational excellence, profit-generation do not require continuous capital inflow after initial investments.
Traditional development or philanthropy projects often fail after the sponsor withdraws, as there is no economic incentive or skilled management to sustain operations, hence one of core values at Salem Group is to invest in self-sustained businesses.
As the global demand for food continues to increase, Africa provides a key supply of arable land and agricultural labor to serve as one of the key “breadbaskets” of the world
“Food production and processing in Africa could generate $1 trillion a year by 2030, up from some $300 billion today” − The World Bank
Africa’s per-hectare yields are the lowest in the world due to historical underinvestment in agriculture and substandard farming practices.
Non-industrialized and semi industrialized farmers lack access to global produce markets, resources, and capital.
Operational Excellence, Access to finance, and Global Reach are key factors to solve Afr
Africa’s per-hectare yields are the lowest in the world due to historical underinvestment in agriculture and substandard farming practices.
Non-industrialized and semi industrialized farmers lack access to global produce markets, resources, and capital.
Operational Excellence, Access to finance, and Global Reach are key factors to solve Africa's most pressing social issues including Poverty, Topsoil annual losses, Lack of education, Malnutrition, and Global food security concerns.
Global Buyers often refrain from doing business with Africa because they cannot guarantee that products are delivered on time, according to standards, and with ensured reliability and supply continuity.
Our deep understanding of African Agro/food value chain enable us to serve the most demanding customers worldwide. We prioritize solving
Global Buyers often refrain from doing business with Africa because they cannot guarantee that products are delivered on time, according to standards, and with ensured reliability and supply continuity.
Our deep understanding of African Agro/food value chain enable us to serve the most demanding customers worldwide. We prioritize solving critical supply-chain flaws that lead to product delays or non-conformities.
As a result of Africa’s farmers lacking access to global market, they remain under-financed and forced sell their produce solely in nearby cities for a fraction of their export value which impedes further development.
Salem Group provides hands-on solutions to improve yield and quality, connect farmers to global markets, provide transact
As a result of Africa’s farmers lacking access to global market, they remain under-financed and forced sell their produce solely in nearby cities for a fraction of their export value which impedes further development.
Salem Group provides hands-on solutions to improve yield and quality, connect farmers to global markets, provide transaction security, and link with impact capital.
As of 2019, Salem group businesses have been in the market for over 15 years, serving more than 500 customers globally.
Business enterprises of all sorts can generate attractive financial returns while being very effective vehicles for economic growth and poverty reduction.
At Salem Group, shared prosperity means our businesses strive to become sustainable enough to provide increasing value and choices to our customers, suppliers, investors, and to people
Business enterprises of all sorts can generate attractive financial returns while being very effective vehicles for economic growth and poverty reduction.
At Salem Group, shared prosperity means our businesses strive to become sustainable enough to provide increasing value and choices to our customers, suppliers, investors, and to people seeking improved living standards and employment in the communities in which they are located.
A sound corporate governance framework had been part and parcel of Salem Group's strategy for growth.
Corporate governance structure has laid the groundwork for successfully managing several companies in Africa, with a clear separation between management and shareholders, diminished conflict of interest throughout our operations, provided
A sound corporate governance framework had been part and parcel of Salem Group's strategy for growth.
Corporate governance structure has laid the groundwork for successfully managing several companies in Africa, with a clear separation between management and shareholders, diminished conflict of interest throughout our operations, provided pillars for seamless operations across our footprint, and guaranteed we have a sound management structure in place.
Sustainable production and processing methods which minimize effect on environment is a top priority for all our businesses.
We apply Good Agricultural Practices to all our production or row and permanent crops. Additionally our processing technology is continuously updated to minimize Energy usage, waste production, and carbon foot-print
Sustainable production and processing methods which minimize effect on environment is a top priority for all our businesses.
We apply Good Agricultural Practices to all our production or row and permanent crops. Additionally our processing technology is continuously updated to minimize Energy usage, waste production, and carbon foot-print.
Salem Group is currently among the largest producers of Organic crops in Africa, selling our production to more than 50 customers located across Europe and globally.
A sound corporate governance framework had been part and parcel of Salem Group’s strategy for growth. It has been driven by the diversity of our businesses as well as shareholders’ vision to establish a professional, transparent, and ethical organization.
Our corporate governance structure has laid the groundwork for a clear separation between management and shareholders, diminished conflict of interest throughout our operations, provided pillars for seamless operations across our footprint.
Moreover, we clearly define the relationship and responsibilities of our operating companies, their boards, and their executive management on important matters to facilitate rapid and effective decision making. Highly efficient systems of internal control have also resulted in greater accountability and improved profit margins for our company.
Through our highly competent senior leadership, Salem Group strives to create a management structure that carefully monitors developments around the world. Each executive member is responsible for a business, region, function, or industry segment, placing the highest level of management in touch with core activities.
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