Founded in 2013, AADCO Paper Factory (“AADCO”) is based in Hargeisa, Somaliland. AADCO manufactures exercise books and A4 printing paper. In 2013 the factory had 18 staff members producing 1,000 cartons of A4 printing paper and 3,600 cartons of exercise books. in 2017 they expanded to 52 staff members producing 10,239 cartons of A4 printing paper and 36,060 cartons of exercise books.
In 2018, AADCO was approved for additional funding through the Nordic Horn of Africa Opportunities Fund to expand AADCO's manufacturing capacity through the construction of an additional building within its current facility. The NHAOF investment is also supporting AADCO in introducing new products, such as University notebooks, and reducing the company’s dependence on imported color print covers.
AADCO prides itself on creating and sourcing materials locally, unlike the majority of its competitors, and 90% of AADCO's sales are within Somaliland. The investment from the Nordic Horn of Africa Opportunities Fund is allowing AADCO to strengthen its local impact, creating jobs and high-quality products in local markets.
AADCO PAPER FACTORY COMPANY HIGHLIGHTS
Enterprise Size: | Medium | ||
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Year Founded: | 2013 | ||
Project Sector: | Manufacturing | ||
Employees: | 62 | ||