Green Bean Manufacturing

Company Description

Green Bean Manufacturing S.C is an Ethiopian Original Design and Manufacturing (ODM) company specializing in locally designed and manufactured agro-processing machinery. Since its establishment in 2017, the company has developed solutions including coffee dryers, turmeric polishers, solar tunnel dryers, animal feed processing plants, and coffee roasters. Recognized through several awards such as Startup Ethiopia, Total Startup, GIZ Innovation Challenge, and the Transform East Africa project, the company is actively contributing to agricultural value chain transformation, particularly in turmeric processing.

Team

Green Bean Manufacturing operates with a multidisciplinary technical and operational team. The founding members are mechanical engineers with strong technical backgrounds. Anduamlak Mehariw brings extensive mechanical engineering and technocratic expertise. CEO Edidya Tarekgni provides management leadership, while Business Development Lead Amdemichael Asrat combines software engineering, data analytics, and marketing management expertise. COO Yohaness Mehariw leads manufacturing operations with mechanical engineering specialization.

Countries of Operation

Ethiopia

Ownership of Company

Local Company (100% Ethiopian ownership)

Number of years since incorporated

8 Years

Stage

Growth stage

Annual Revenue (in EUR)

EUR 100,000 – 250,000

Number of employees

11–50

Project Pitch

Turmeric Transform - Green Bean Manufacturing is transitioning from a technology provider into a vertically integrated spice processing operator through the development of an end-to-end Turmeric Processing Facility and Sterilization Plant. The project addresses a critical quality gap preventing Ethiopian turmeric from accessing premium pharmaceutical and nutraceutical export markets, primarily due to insufficient processing infrastructure.

The facility will produce high-luster dried whole turmeric fingers using a hybrid drying sequence combining cabinet dryers and solar tunnel curing to preserve curcumin content and natural oils. This approach enables premium export positioning while reducing operational costs.

Operations follow a fixed hub-spoke model that processes turmeric at the farm gate, reducing logistics costs by up to 70% per export unit. Mobile processing units further strengthen supply chain resilience through a Processing-as-a-Service model, where fees are collected in-kind from harvest output to ensure reliable raw material supply.

The project’s financial model targets production costs of approximately $725 per metric ton with significant margin protection, allowing resilience against commodity price fluctuations while maintaining EBITDA positivity.

Total Project Cost (in EUR)

EUR 1,074,140

Financing needs (in EUR)

EUR 1,074,140

Type of financing needed

Debt, Equity, Grant

Planned allocation of fundraising capital

Greenfield (new activity for the company)