Pela Commodities

Pela Commodities, whose complete name is Pela Commodities Limited (PCL), is a Ugandan company that buys, processes, packages and markets agricultural grain products nationally and to neighboring countries in the area of the African Great Lakes. The company's headquarters and processing factory are located in the city of Soroti.[1]

Pela Commodities Limited
TypePrivate
IndustryProcessing, Packaging & Distribution of Agricultural Grain Products
Founded2021
HeadquartersArapai, Soroti, Uganda
Key people
Amos Wekesa
Executive Director
ProductsProcessed maize, beans, groundnuts, sim sim, sorghum and coffee.
Total assetsUSh5 billion (US$1.5 million) (2021)

LocationEdit

The company headquarters and main factory are located in Soroti Industrial Park, in Arapai sub-county, Soroti District, near the town of Soroti, adjacent to Soroti Fruit Processing Factory. This is approximately 299 kilometres (186 mi), by road, north-east of Kampala, Uganda's capital and largest city.[2] The geographical coordinates of the company headquarters and processing factory are: 01°46'24.0"N, 33°37'03.0"E (Latitude:1.773333; Longitude:33.617500).[3]

OverviewEdit

In 2021, a group of four entrepreneurs decided to establish an agro-processing plant in the city of Soroti, in Uganda's Eastern Region. The factory was constructed on land availed by the Uganda Investment Authority, in Arapai Industrial Park, on the outskirts of Soroti. One of the four investors is Amos Wekesa, whose primarily investments are in Uganda's hospitality industry. Soroti was selected because grains are extensively grown in the Teso sub-region and the city is within easy accessibility of the two major markets of Kenya and South Sudan.[4]

The factory is capable of cleaning, sorting, drying and packaging up to 56 different types of grain. At maximum utilization, it is expected to process up to 600 metric tonnes of grain in 24 hours.[4][5]

OwnershipEdit

The ownership of the company and factory is as depicted in the table below:[5]

Pela Commodities Limited Stock Ownership
Rank Name of Owner Percentage Ownership
1 Ugandan Investor 1
2 Ugandan Investor 2
3 Ugandan Investor 3
4 Amos Wekesa
Total 100.00

ReferencesEdit

  1. ^ Edward Eninu (8 April 2021). "Multi-billion Cereal Processing Plant Opens in Soroti". Uganda Radio Network. Kampala, Uganda. Retrieved 14 November 2021.
  2. ^ Google (14 November 2021). "Road Distance From Pela Commodities Limited To Kampala, Uganda With Interactive Map" (Map). Google Maps. Google. Retrieved 14 November 2021.
  3. ^ Google (14 November 2021). "Location of Pela Commodities Limited" (Map). Google Maps. Google. Retrieved 14 November 2021.
  4. ^ a b Independent Reporter (8 April 2021). "Multi-billion cereal processing plant opens in Soroti". The Independent (Uganda). Uganda. Retrieved 14 November 2021.
  5. ^ a b John Ogulei (10 August 2021). "Tourism Entrepreneur Amos Wekesa Opens Agro Processing Plant in Soroti". The Tower Post. Kampala, Uganda. Retrieved 14 November 2021.

External linksEdit

Coordinates: 01°46′24″N 33°37′03″E / 1.77333°N 33.61750°E / 1.77333; 33.61750