The issue price of a share, and thus the stock price, is €19.12, with a par value of €1.00.

A total of 52,301 shares are issued for €999,995.12.

Only preferred shares will be issued. These have no voting rights, but a higher dividend of 2.00% on the nominal value per share compared to common shareholders.

The proceeds from the share issuance will be used primarily for the further expansion of the chocolate factory, including its own cocoa bean processing, as well as the purchase of organic cocoa beans from Dynamic Agroforestry.

fairafric is setting up its own cocoa bean processing plant to represent the entire value chain from bean to bar in Ghana.

By processing the beans themselves, fairafric can better control the quality of the beans, create more jobs, and source cocoa directly from the DAF project.

Our own bean processing facility will create up to 100 additional jobs in Ghana.

The Dynamic Agroforestry (DAF) cultivation method is based on the knowledge of indigenous peoples of Latin America and combines many elements of regenerative agriculture. Plants are grown at different forest levels and various local tree species are planted.

DAF promotes biodiversity, increases yield per tree, improves soil fertility, and enhances the soil's water storage capacity. The biomass trees actively store CO2 in the earth.

Initial analyses by external experts have determined that by storing biomass in the soil, fairafric can store up to 3x more CO2 in the long term than is emitted throughout the entire value chain.

Cocoa families receive higher premiums, can diversify their income by growing additional crops, and benefit from better soil quality and resilience to climate change.

fairafric issues preferred shares. Preferred shares are shares where shareholders do not have voting rights but receive a higher dividend (a preference) compared to common shareholders. For this issue, this preference is 2.00% of the par value (€1.00) per share. If the preferences are not paid or not paid in full, and the arrears are not settled in the following year, the preferred shareholders receive voting rights as long as the arrears are not settled (§140 AktG).

We do not share information about our investors with any tax authorities. You simply declare the interest/dividends received in your tax return.

If you would like to lend us money interest-free, send us a short email. This is also possible, of course, and supports us even more.

As the shares are issued unsecured, you may lose your entire investment. fairafric is not yet profitable, therefore further investments and the success of the current campaign are necessary to ensure liquidity. Therefore, under no circumstances should you invest money that you absolutely need.

The public offering will run until all shares (52,301 units) have been subscribed.

Since this is a new issue of shares, fairafric sets the price. Our calculations considered the development since the last valuation, costs, future cash flows, and the current market situation.

The valuation was set at €14 million before the campaign in cooperation with institutional investors.

fairafric AG is not listed on the stock exchange. To still enable trading, we have set up a kind of bulletin board with a service provider, through which buyers and sellers can connect. You can find the platform here.

2015
First official meetings between Hendrik and cocoa farmers and processors in Ghana.

2016
First Kickstarter campaign
Founding of fairafric GmbH
First production

2017
Second Kickstarter campaign
Successful organic certification of the entire value chain
Switch from 20g bars to 100g bars

2018
Third Kickstarter campaign
Climate-neutral certification
Founding of fairafric Foundation
First Seedrs campaign with 264 private individuals

2019
Decision to build a larger chocolate factory on our own. Entry of Ludwig Weinrich and claro fairtrade AG. Won the Lammsbräu Sustainability Award

2020
Construction of our new chocolate factory in Amanase in 5.5 months.

2021
fairafric GmbH becomes fairafric AG. First convertible bond with €990,000 and first share issue of €999,589.80 sold out. Over 2,000,000 chocolate bars produced.

2022
Finalist of the German Sustainability Award 2022.

2023
Entry into the B2B business with chocolate drops. Vegan cashew-based milk chocolate. First contract productions in the USA.

2024
fairafric sources the first smaller quantities of cocoa from Serendipalm from Dynamic Agroforestry. The first phase of the journey to climate positivity is successfully completed. Over 100 new jobs, over 200 people employed at fairafric Ghana.

2025
fairafric increases the quantities of cocoa from Dynamic Agroforestry and builds its own cocoa bean processing plant. Turnover almost doubled. Another 100 jobs, almost 300 people employed at fairafric Ghana.

fairafric's owners include the founding team, our 1244 customer shareholders, Ludwig Weinrich GmbH, claro fair trade AG, Third Way Capital (a Ghanaian impact investor), as well as our team and the cocoa farmers of our partner cooperative.

fairafric AG achieved profitability by the end of 2025. From 2026, we also expect the fairafric Group to operate profitably. The exact timing of this depends heavily on the development of the world market price for cocoa.

With our new Visitor Center, we also want to give our customers the opportunity to gain a deep insight into our operations. In 2025 alone, more than 1,800 people visited us. The factory tour is combined with a visit to our cocoa communities, all in one day!
Unique in the world!