MaliShi/Omnium-Soataf

29 January 2021
MaliShi/Omnium-Soataf

MaliShi is a company sponsored by Omnium Mali and focused in the production and trading of shea butter and other vegetable oils that started production at the end of 2020.

Mali Shi raised funds from the IFC and other investors allowing it to complete the construction of a greenfield butter shea manufacturing factory. The plant, the first of its kind in Mali, is creating create 100 jobs and will source shea from t 100,000 women across Mali. The plant is able to process multiple oil seeds and has the potential to contribute to the development of other agricultural value chains.

CrossBoundary provided investment advisory services to assist the project sponsor in completing and structuring the raise of capital. We also facilitated the development of a strategic shea sourcing partnership with a local shea trading company.