IGO PRODUCTION TOGO SARLINVESTEMENT OPPORTUNITY

Investment required: € 62.841.462

Unique direct investment opportunity in the fast growing shea butter market in one of the most dynamic parts of the world

IGO Production Togo Sarl

BACKGROUND International Goutte d'Or (IGO) Sa was

founded in 2002 by Mr. Nicolas Tchassama, a Togolese entrepreneur who works in the ECOWAS countries. He is currently the President of IGO Holding Sa and a co-founder of the American Shea Butter Institute in Atlanta, United States.

IGO Holding Sa is the parent company and 100% shareholder in the subsidiary company which is IGO Production Togo Sarl.

Mr. Steven Tuinstra is the Chief Executive

Officer of IGO Production Togo Sarl. It was established in April 2011 at Kara, the north of Togo.

IGO’s Clients comprise of the chocolate industry, cosmetic industry and pharmaceutical industry.

VISION AND MISSION STATEMENT

IGO’s vision is to build shea butter plants in Guinea

Conakry and Ghana and an opened sales offices in

Europe, Asia and America and to have good contact

with our customers.

The mission is to have in the future 50% of the shea

butter market in IGO’s hands. This will assist with

creating more than 160,000 jobs for the West

African population.

The project’s main objective is to transform shea

butter from the semi industrial production system

into a 100% industrial production.

Shea Nuts Shea Butter

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MR.NICHOLAS TCHASSAMA President of IGO Holding Sa

MR. STEVEN TUINSTRA CEO Of IGO Production Togo Sarl

IGO Production Togo Sarl

OPPORTUNITIES

Demand for shea butter produced in West Africa has increased by 1200% over the last 10 years and is still climbing.

The global expected market values for the chocolate industry by 2019 is $131.7 billion, cosmetics industry by 2020 is $390.07 billion and pharmaceutical industry by 2020 is $1.6 trillion.

The shea butter project has 134% internal rate of return. (see page 5 ).

MARKET ANALYSIS

The shea industry is experiencing a growing demand for shea butter,

mostly due to an increase in global demand for vegetable oils and fats.

Shea butter is used as a substitute for cocoa butter in the confectionery

industry. This is also known as Cocoa Butter equivalents (CBEs).

.Around 90-95% of exported shea is used in the production of CBEs.

In the global market there is a strong shea demand for chocolate

confectionery products . Chocolate sales is growing at about 3-4% per

annum and annual growth in demand for CBEs is about 10%.

SHEA TREE

It is a unique tree that grows only in West Africa and Central Africa.

Shea tree may be found in 19 contiguous countries across Africa forming what may be considered as shea belt, spanning some 3.000 miles from Senegal to Ethiopia.

SHEA NUTS Shea nuts are tree nuts that are used to produce

shea butter or shea oil.

Over 1.7 million tonnes of shea nuts are harvested annually from an estimated 500 million productive trees.

Shea nuts are expected to yield massively in the future since there is an increasing cultivation of shea trees by the people in West Africa.

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Dry Shea Nuts Shea Tree with Fruits

IGO Production Togo Sarl

PRODUCTION OF SHEA BUTTER

IGO will concentrate the shea butter manufacturing in the centre of the shea areas of West Africa.

There are more demands than supplies for a high grade quality of shea butter.

We will produce high grade of quality shea butter with technical equipments specially designed for the production of shea butter and we will continue to adapt our equipments for the needs of the market.

There will be production capacity of 18.000 m/t shea butter per year for the start and expand it in the coming years to 50,000 m/t per year.

We envision to have sold the shea butter before we start the production.

SALES STRATEGY

The shea butter will be exported to Europe, North and South America and Asia.

IGO has contact with companies in the chocolate industry, cosmetic industry and pharmaceutical industry, especially those interested in buying our shea butter if we meet their requirements. IGO will produce quality shea butter to meet it‘s customers requirements.

IGO has a license for free zone which makes it possible to import the shea nuts on tax free and export tax free on the shea butter.

The machineries will also be imported tax free for the production of the shea butter and a lot of other benefits.

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IGO has a network of shea collectors from nine countries inWest Africa. This includes women residing around the surroundings of the shea area. We set up a co-operative for these women who collect shea nuts for IGO. The cooperative collect shea nuts only for IGO every year.

WHY A SHEA BUTTER PLANT IN WEST AFRICA, TOGO? IGO wants to produce the shea butter in the shea areas in West

Africa in order to minimize the cost of transporting the shea nuts to Europe, North and South America and Asia.

This is because, to produce 1 kilogram of shea butter, you need 2.2 kilograms of shea nuts.

IGO Production Togo Sarl

FINANCIAL DATA

CASH FLOW STATEMENT FOR THE NEXT TEN YEARS

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IGO Production Togo Sarl

FUNDING

IGO Production Togo Sarl is seeking to secure an amount of Sixty Two MILLION Eight Hundred and Forty One

Thousand Four Hundred and Sixty Two EURO (EUR 62 841 462) to finance the entire project on debt financing, private

equity financing and Private Investors.

MANAGEMENT

IGO has a strong management team who had gained very good knowledge and experience for many years in the shea industries worldwide.

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SUMMARY FUNDING AMOUNT (EURO)

PERCENTAGE (%)

Private Investors 9,426,219 15%

Private Equity Funds

11,939,878 19%

Debt Finance 41,475,365 66%

Total Funding Amount

62,841,462 100%

SUMMARY OF THE TOTAL FUNDING FOR THE PROJECT

CONCLUSION

The project is a golden opportunity for investment since a high tech shea butter industry is a low risk and profitable due to huge demand for chocolate and personal care products by consumer‘s world wide.

There are: business plan, financial projections, technical report and additional information available.