About Us

We unite Impact Investing and Commodity Trading with technology in an innovative approach to empower Rural Africa

Dutch Agtech

We use Cloud, NFC and Blockchain to create digital IDs of the coffees, immutable data records of the producers and the provenance and route of the coffees in full transparency to all supply chain players.

We use data records to build farmers' IDs to unlock microloans and enable financial inclusion in rural Africa.

Trading as a Service

Whether you need to move goods across continents, finance and insure cargoes, build inventories in consumption markets or hedge commodity prices, you can count on the Almacena service.

We manage the risks and we take the responsibility.

You pay for the service you use. No intermediaries; no black boxes.

Real Impact

We shorten the supply chain to create efficiencies for both sides on the coffee trade.

We bring producers out of anonymity and facilitate relationships.

We create higher income, we promote sustainable practices and reward gender balanced approach to business.

Our goal is to impact 800 000 smallholders across East Africa until 2025.

Our Mission & Vision

Commodity Trading as a Service to Empower Rural Africa

Sub-Saharan countries hard currency revenues come mostly from export of agricultural products like coffee and tea. However, little value is retained by the local economy. One of the reasons is the lack of affordable finance alternatives to the local agriculture business and therefore the pressure to sell the production and export raw commodities as soon as possible.

Furthermore, African producers’ income locally is a direct function of the international prices which are very volatile and African specialty coffee growers and small traders typically have no means to reach final consumer markets or sell directly to final buyers.

Almacena offers a new model to challenge and disrupt this paradigm.

We are backed by impact investors interested to make an impact and empower the African business to unlock their potential.

MORE ON IMPACT

Coffee and Tea production in East Africa is a smallholder activity: 400.000 households in Rwanda, 600.000 households in Burundi, 400.000 households in Tanzania, 1.700.000 households in Uganda, etc.

These are the communities that need most attention to transform the local economies and boost economic activity.

At Almacena Platform, we believe with the help of private individuals acting as investors, we can collectively help Rural Africa achieve a better and more sustainable future.

In the UN Framework of Sustainable Development Goals, we aim to address:

NO POVERTY

Giving African Growers and their families an affordable finance alternative in an intuitive and flexible manner

GENDER EQUALITY

Actively promoting Women-only Cooperatives and offering special rates of finance to stimulate women professional employment

DECENT WORK AND ECONOMIC GROWTH

Helping with job retention at Rural areas. Creating directly jobs for our African branches

REDUCED INEQUALITIES

Enabling Access to EU Markets and Higher Value Retention for the African Growers by offering financing at Destination Markets and Export Hubs

RESPONSIBLE CONSUMPTION AND PRODUCTION

Promoting Fair Trade, Organic and Best Agri Practices and Responsible Sourcing on our Platform

Who We Are

Dimo Yanchev
Founder / CEO M: + 31 620 397 594 E: [email protected]

Before starting the Almacena project, Dimo was Global Head Structured Inventory Products at ING, based in Amsterdam. He has 19 years of international banking experience in trade, export and commodity finance gained with leading commodity finance banks and has personally originated and executed numerous commodity and supply chain finance deals in emerging and developed markets. Previous roles include Head Trade and Export Finance in Santander (Paris) for France and Benelux, EMEA Head Commodity Monetization at RBS (London), VP Agricultural Structured Trade Finance in ABN Amro (Amsterdam) and Branch Manager BNP Paribas (Bulgaria). Dimo speaks English, French, Russian and Bulgarian. He is of Bulgarian origin and has an MBA degree from London Business School.

Adidjah Makangira
Head of Partnerships M: + 31 645 705 753 E: [email protected]

As founder of Farmers & Co, Adidjah spent the past 7 years investing in relationships with small scale agri-producers and private processors of coffee and tea in East Africa, with strong focus on the Great Lake Region (Burundi, DRC, Uganda, Rwanda) where she has paternal roots (other half Dutch). Inspired by the vast agricultural potential and demand for improved market linkage with consuming markets, she has gained first hand experience with the challenges of fragmented supply chains, so characteristic to rural areas in East Africa. As a coffee & tea buyer she has met with many growers and producers struggeling to connect to market demand due to pressure on liquidity, often ending up compromising on quality and volume of the final products.

Vasil Dimov
Co-founder / COO M: + 31 682 217 414 E: [email protected]

Vasil has 18+ years of expertise in IT, which he acquired as CTO and managing partner in one of the leading outsourcing companies in Bulgaria working for clients as Coca Cola, Philips, A1. He has executive-level experience in Project and Portfolio management, Product Design and Development, Client management, Business development and operations. He has proven to be an excellent technology visionary and business strategist. Vasil has a Bachelor degree in Computer Science from the American University in Bulgaria and а MSs degree in Software Technologies from Sofia University.

Advisory Board

Arnoud Star Busmann
Advisor Read more

Arnoud is an all-round executive with tech DNA, and has over 20 years experience in strategy execution, enterprise transformation and “blue chip” startups. After obtaining a master’s degree in Computer Science from the Netherlands, he lived and worked across Europe, Asia and Oceania. Most of the time this involved working in wholesale banking and financial services. Arnoud Star Busmann is one of the pioneers in the intersection of commodities, finance and blockchain technology. Prior to taking on the CEO role at MineHub, he was the Innovation lead for Commodities at ING Bank where he led the cross-industry initiative ‘Easy Trading Connect” that spawned projects like VAKT and komgo.

Debritu Mogesse Lusteau
Advisor Read more

Born in the country of legends, Ethiopia, I grew up surrounded by a spirit of global citizenship. Early on in my life, my education at the French school, Lycee Guebre Mariam, introduced me to multiple cultures. This exposure allowed me to work in several Embassies and in UN agencies. In 1985, I left my country with my French husband for The Netherlands. This is where I learned that entrepreneurship has a double meaning; – it is both a Gateway and a solution. Upon this realization, I started to venture in several opportunities ranging from an Import Export business to starting a coffee corner concept “TIRU BUNA coffee chain” and my flagship realization: Moyee coffee, where I was introduced to the value of “FairChain” and recently to Block Chain. However, in all my struggles and victories one thing remains constant. The sheer belief, that great business partnerships are the way forward for Africa.

Ferdinand Tuinstra
Advisor Read more

Ferdinand has an extensive emerging markets banking background, including in trade and commodity finance. He is an experienced executive level banker and held several supervisory board positions in local banks in emerging markets. Since 2010, he has led a number of microfinance and MSME banking projects for IFC and other developmental organizations in the ECA & MENA regions. He is a governance, risk & compliance expert and well versed in agrifinance in various markets, including in Africa. Next to his advisory work for Almacena, he is a supervisory board member for a fintech startup in Vilnius, Lithuania, and serves as the director of NpM, the Netherlands Inclusive Finance Platform, in Utrecht, the Netherlands. He holds an MBA from Vlerick Business School (Belgium) and a Msc degree from New York University. He is fluent in German and Russian.

Hans Hendriksen
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Hans has over 40 years of experience in trading commodities mainly coffee and cocoa. He started as a trainee at a Dutch trading company learning all ins and outs of the business. Hans was based and lived for some years in cocoa and coffee producing countries such as Cote d Ivoire and Cameroon. He has extensive knowledge of the working environment in producing countries and strongly believes in the creation of a more sustainable supply chain from farmer to consumer. Till 2017 Hans was CEO of Amtrada Holding has extensive knowledge of trade and commodity finance, risk management, client relation and partner ships, developing and executing strategic plans as well as all commercial aspects of trading commodities. Next to his engagement with the Almacena Platform, he is owner of Chiodo, Trade & Commodity Financial Services. Hans is born in the Netherlands and speaks French, English, German, Italian and Dutch.