Invest
Subordinated loan
Expansion of the capacity of the fairafric drip line.
Chocolate made in Ghana for the entire world of chocolate
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The annual turnover of the global chocolate industry is approximately $150,000,000,000,000,000.
While 75% of the world's cocoa is grown in West Africa, less than 1% of processing takes place in the countries where it is grown. Until now, large international corporations have dominated the chocolate manufacturing market.
fairafric is changing this and establishing itself as one of the few sustainable chocolate manufacturers. With our chocolate made in Ghana approach, we not only supply retailers, but also major customers from the processing industry who use our chocolate in their products.
In this way, we are changing the chocolate industry from within and shifting value creation back to the countries of origin.
This creates more direct jobs in Ghana and offers real prospects for local people.
In 2020, our chocolate factory opened in rural Ghana
We achieve enormous impact in 7 out of 17 SDGs in all dimensions of sustainability.
Reference fairafric AG
Cord Budde
Owner Ludwig Weinrich
"We were one of the first producers of organic & Fairtrade chocolate in Germany. I see a similarly bright future for Made in Africa."
Weinrich produces the brands Vivani, GEPA, iChoc, Devine and many more. More than 1 million bars are produced every day at the company's headquarters in Herford.
Weinrich has been a strategic investor in fairafric since 2019. Weinrich has significantly increased its investment in fairafric this year.
Weinrich also trains our key Ghanaian staff as part of a training program and supports us in operating the factory.
Marie-Claire Pellerin
CEO Claro Fair Trade AG
"fairafric will shape fair trade. Because this is the only way to create an equal economy."
claro Fair Trade AG is the Swiss fair trade organization and has around 60 points of sale for fair trade products.
Claro has been a strategic investor in fairafric since 2019. Claro has significantly expanded its investment in fairafric this year.
Claro is responsible for fairafric's distribution in Switzerland.
Wolf-Rüdiger Daetz
Chairman of the Supervisory Board of fairafric AG
"I see enormous growth potential in fairafric and am convinced that the business model can set a new industry standard."
Wolf-Rüdiger Daetz has 30 years of experience as a CFO in international industry with local assignments in Asia, Europe and Central America. He is a committed impact investor at fairafric and a chocolate lover.
He has also been Chairman of the Supervisory Board at fairafric since 2022.
Frequently asked questions about fairafric
2015
First official meetings between Hendrik and cocoa farmers and workers in Ghana.
2016
First Kickstarter campaign
Foundation of fairafric GmbH
First production
2017
Second Kickstarter campaign
Successful organic certification of the entire value chain
Start of collaboration with Yayra Glover Ltd.
Switch from 20g bars to 100g bars
2018
Third Kickstarter campaign
Climate-neutral certification (both chocolate and company)
Establishment of the fairafric Foundation, which holds shares in fairafric GmbH for cocoa farmers
First Seedrs campaign (Seedrs enables start-ups to gain their customers as shareholders), in which 264 private individuals have invested in fairafric
2019
Decision to build a larger chocolate factory on our own: On the land of the cocoa cooperative we work with, in the rural region where the cocoa beans grow.
Increase in shareholders to 360; Ludwig Weinrich and claro fairtrade AG join the fairafric family
Winner of the Lammsbräu Sustainability Award
2020
Construction of our new chocolate factory in Amanase. Record-breaking construction time of 5.5 months from ground-breaking to the first bar.
2021
fairafric GmbH becomes fairafric AG. Within 3 days, the first convertible bond with 990,000€ is fully subscribed and within 24 hours the first share issue of fairafric for 999,589.80€ is sold out. fairafric buys 250 tons of cocoa beans for production in 2021 and pays the highest premiums in West Africa. fairafric also chases from record to record in 2021. fairafric more than doubles the previous year's sales and produces over 2,000,000 bars of chocolate.
2022
After an outstanding first quarter in 2022, the macroeconomic shocks
prevent further growth for fairafric. However, while many other brands are struggling with
declining sales and discontinuations, fairafric remains present in all
markets and is gaining strong market share.
fairafric also reaches the final of the German Sustainability Award 2022 and is recognized as one of the most sustainable companies in Germany.
2023
fairafric enters the B2B business with its own line of chocolate drops. The chocolate drops are used in products by large bakeries and cookie manufacturers, among others, and the line is soon running around the clock.
fairafric launches a vegan cashew-based milk chocolate on the market, which is a complete success and becomes one of the best-selling products.
fairafric receives its first major orders for contract manufacturing and starts production for its first customer in the USA.
2024
fairafric sources the first smaller quantities of cocoa from Serendipalm Dynamic Agroforestry.
The owners of fairafric are the founding team, our 1244 shareholders from the customer base, Ludwig Weinrich GmbH and claro fair trade AG, Third Way Capital a Ghanaian impact investor as well as our team and the cocoa farmers of our partner cooperative.
We currently produce our chocolate drops in three shifts around the clock, every day of the week, as demand is so high. With the additional funds, we want to expand the capacity of our drip line and hire more employees.
Through our new Visitor Center, we also want to give our customers the opportunity to get a deep look into our operations. The factory visit will be combined with a visit to our farmer communities, all in one day! Unique in the world!
When making chocolate drops, the chocolate mass is poured into the shape of small drops. The chocolate drops can vary in size and have the advantage that they are much easier to dose than whole bars.
Fairafric's customers include numerous large bakeries, muesli manufacturers, cookie producers and other companies that use chocolate as an ingredient in their products. Most of them are established family businesses that are looking for long-term partnerships with truly sustainable partners in the face of increasingly strict legal requirements.
Frequently asked questions about subordinated loans
For every 1,000€ you lend us today, you will receive 65€ in interest every year.
Repayment begins in March 2027 and is made in 8 installments (2 payments per year in March and September) until the end of the term (Sep 2030). From March 2027 you will therefore receive a constant payment consisting of interest and repayment (a so-called annuity) of 145.61€ per 1,000€ invested.
In the end, you will receive 1,275.69€ back for every 1,000€ you invest.
The campaign will run until 99,000€ have been subscribed.
The first climate bond from fairafric was sold out within a short time. We are therefore assuming that it will be fully subscribed quickly. We will process the subscriptions according to when they are received.
We do not share information about our investors with any tax office. You simply declare the interest received on your tax return.
If you want to lend us money interest-free, write us a short e-mail. Of course, this is also possible and supports us even more.
Since the loan is issued unsecured, it can come to the total loss of your investment.
Therefore, do not invest money that you absolutely need.
The impact of fairafric Show all
The management team in Ghana
Michael Marmon-Halm
Managing Director Ghana
Michael has more than 12 years of experience in the cocoa industry in Ghana and has studied quality management.
Griselda Esther Ossei
Chief of Staff
Griselda brings a lot of experience in accounting and supports in strategic planning and implementation around the fairafric brand, marketing, HR and operations in Ghana.
Henry Langma
Operations Manager
Henry is in charge of operations (production, technology, logistics) at fairafric and has already successfully set up several cocoa processing factories in Ghana.
Audrey Marmon-Halm
Quality Manager
Our Quality Manager Audrey has 11 years of professional experience in quality control and quality assurance.
The management team in Germany
Convinced?
Would you like to be part of the biggest chocolate revolution of all time?
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