ChefSource
We enable Restaurants in UK/EU/GCC reduce food costs by 10-25% by buying direct from Africa farms.
London, United Kingdom
1 Followers
Overview
Industries
Food & Beverage
Impacts
Sustainable AgriculturePoverty AlleviationGender EqualityFood SecurityLocal Economic DevelopmentFair Trade & Ethical BusinessFinancial InclusionSmall Business SupportSupply Chain Sustainability
What Drives Us
Mission
Our mission is to enable the 1.5 million UK/EU restaurants to anonymously access ethically sourced, vetted fresh/dried produce from traceable small and midsized farms by providing FreshXchange an intuitive digital platform with Quality Control, Freight, Logistics, Customs , Payments and Fulfilment integrated to give a seamless one click experience.
Key in our mission is to offer savings of 10-30% on food prices while offering African farms 50-70% increase in farm gate prices.
Problem
Restaurants are currently facing 20% YoY food inflation which is driving them out of business. UK alone is closing 10 a day.Climate effects on traditional Europe and South America have further the the situation. Restraunts rely an inefficient broker, distributor system that results in a 300-700% increase on prices ex- farm gate.
On the other hand any attempt to directly import Africa brings the risk of quality control, erratic supply and tedious customs and logistics processes.
Solution
Our solution is an intuitive platform for restaurants and chefs to order fresh, produce at 20%+ discount which is pre-quality checked, from traceable farms, ethically sourced and sustainably grown . The logistics, customs and fulfilment process are integrated and behind the scenes .They proceed to pay via an escrow system or trade account.
Vetted African farms are offered 2X current prices to supply incoming anonymous orders.
Incorporated in Africa , UK+EU we trade internally.
Website
chefsource.ukProduct
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Achievements
Team
Prototype
Users
Partners
Revenues
Investors
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Co Founders

George Ikua
Founder
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Business Models
PlatformAgency / BrokerageDirect SalesRetail / Trade
Target Customers
B2B
Monetization Models
Transactional
Revenue Class
1-1,000See ChefSource's funding details
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