Yellow’Coq, an agrotech specialising in mass production, distribution, and transformation of made-in-Cameroon poultry, launched a XAF100 million crowdfunding operation. Yellow’Coq intends to improve its overall capacity in the short term and plans to set up an African low-cost chicken fast food like AFC fast food soon. The startup added, “investors and shareholders will be entitled to 70% of the company’s dividends during the first five years of operations at the expense of the founders.”
Read the original article here: https://www.businessincameroon.com/economy/2012-12169-chicken-agrotech-launches-xaf100-mln-fundraising-operation-with-a-promise-of-cumulated-350-return-over-5-years