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The ability for Anglo African Agriculture to grow is 'phenomenal' says David Lenigas

Published: 16:25 01 Feb 2017 GMT

Anglo African Agriculture plc (LON:AAAP) was set up to develop an agricultural trading group in Africa. Their wholly owned subsidiary Dynamic Intertrade is a food manufacturing company involved in the cultivation, manufacture, import and distribution of herbs, spices, seasonings and confectionary products.

Non-executive director David Lenigas tells Proactive: ''The ability of this business to grow 3,4,5, 10 times over the next few years is phenomenal''.

''When you look back at AAAP over the last year in particular we were doing about 80 tonnes a month of product. The demand for this product has picked up so dramatically from the new factory in Cape Town that critical mass for the business making profit is about 100-110 tonnes a month - we've blasted way through that in the last 3 months''.

Lenigas adds: ''We're updating the manufacturing facility to do three times the output. That work will be finished sometime this month - we certainly have the order book to fill that''.

''I see this as a great business - and we've now got to the point we're making money''.

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