ORGANO completes first phase of growth plan for mainland Africa



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JOHANNESBURG and HONG KONG and NEW YORK, July 26, 2019 / PRNewswire / – ORGANO announced today the end of the first phase of its growth plan for mainland Africa.

(PRNewsfoto / ORGANO)

(PRNewsfoto / ORGANO)

"The October 2018 The opening of ORGANO in South Africa was a milestone in achieving our goal of providing economic development opportunities to African citizens around the world and making ORGANO's products and services more widely available. available worldwide. In the last nine months, ORGANO has had a positive impact on the people and communities of all the countries where we work. Africa"said the director of African operations of ORGANO, Helen Rees. "ORGANO currently has large-scale operations in botswana, Kenya, Lesotho, Malawi, Namibia, Nigeria, South Africa, swaziland and Zambia. As ORGANO begins the second phase of its Africa growth strategy of the company will open its doors to Ghana, Rwanda, Tanzania and Uganda before the end of 2019, "added Rees.

Organo's expansion across the African continent is an important part of our strategic growth plan for the EMEA region, "said Leonard Chin, CEO of Global Strategy at ORGANO. The world's best-known and most respected brands.Being open to business in more than a dozen African countries by the end of 2019, the ORGANO line of products addresses millions of Africans. who appreciate tasty and healthy nutritious foods and beverages, the value proposition will only improve as we add products and services from other sectors of our industry, including beauty and cosmetics, travel-related products and services, and FinTech, "Chin added.

As in most markets around the world, ORGANO offers a range of specialty drinks and nutritional products in Africa. The company has moved into a new "EcoSystem Vertical Markets" model earlier this year and will begin to expand and expand to new verticals in the sector. Africa starting later this year.

The backbone of ORGANO in a business model "EcoSystem for Vertical Markets" is an innovative initiative designed to address weaknesses embedded in obsolete models that go directly from the consumer to the consumer. Our new business model has a positive and disruptive impact on how products and services are integrated. Our expansion across the African continent represents a long-term commitment to the African people through our Continental Africa Plan, our broader regional growth strategy for the EMEA region, and our intention to make ORGANO's products and services more widely available around the world, "said Norm Perrett, Executive Vice President of ORGANO.

About ORGANO
Founded in 2008 and previously known as Organo Gold, ORGANO is one of the leading producers and distributors of healthy, convenient and affordable food and nutritional products. In early 2019, the company added new verticals, including beauty and cosmetics, travel-oriented products and services, and financial technologies. ORGANO provides superior quality, taste and nutrition in all its consumables and manufactures and markets advanced beauty products based on proprietary botanical formulations. The company recently announced the creation of "Organo Products Trust", a Blockchain-based program designed to build trust in every ORGANO product. The company currently operates on five continents.

Warning
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act, 1995. These statements contain terms such as "expect to", "believe", "anticipate", "expect," "estimate" or "plan", by their nature, deal with uncertain matters to varying degrees. These uncertainties may cause a significant difference between actual future events and those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

To learn more about ORGANO, visit http://www.organogold.com.

CONTACT: Shannon Hewitson, [email protected]

SOURCE ORGANO

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