Buy together. Prove reliable. Pay less.

Group buying and verified trade performance for Africa's commodity buyers.

Our mission

To give Africa's commodity buyers the tools to compete.

The largest buyers get the best terms because they have scale, direct supplier relationships, staff for permits and finance, and a name that banks recognise. Most buyers run a good business and have none of that. Hakika exists to close the gap. Better prices are where it begins.

Reliable buyers pay for unreliable ones

A grain cargo only works when price, finance, documents, storage and lifting line up at the same time. When one buyer is not ready, grain stays in the terminal, the next vessel waits, and the cost lands on everyone. A vessel waiting for a berth can cost around USD 20,000 a day. Suppliers and banks price that risk into what every buyer pays, including the ones who always perform.

01Nobody can see in advance which buyer will be ready.
02A good track record stays personal. It cannot be shown to a new supplier or a new bank.
03So nobody can reward the buyers who do it well.

How it works

Buy together.

One vessel, several buyers, several suppliers quoting against it. Each member keeps its own contract, permit, bank and allocation.

Prove reliable.

Members meet clear conditions before joining and are scored during the cargo, using the terminal's and the bank's own records.

Pay less.

Good performance earns money back, a place in the next buy and, in time, better finance terms.

What we do

Now

Hakika GroupBuy

Pooled purchases for buyers that meet the conditions, with an established trader as seller.

Hakika Finance

Your track record from group buys, taken to banks for better terms. Hakika arranges and verifies. It does not lend.

Later

Hakika Services

The people, process and technology that help a buyer keep performing.

Clear rules, the same for every member

The gate. A buyer joins a cargo only when its company file, import permit and finance are in place.

The score. Each cargo is scored on contract discipline, readiness at arrival, lifting on time, and payment and repayment on time.

The reward. Members pay a small amount per tonne into a performance reserve and a mutual fund. Good performers get their reserve back and first call on the next buy.

Our own fee goes in first. On the first cargoes Hakika puts half of its fee into the mutual fund. If we admit a buyer that fails, we lose before any member does.

Your score is private. You see it, and you decide who else does. There is no public ranking.

Why a few dollars a tonne matter

Milling is a thin-margin business. Against the price of wheat, a few dollars a tonne looks small. Against a miller's margin per tonne it is a large share of the profit. That is where a group buy pays.

Who it is for

Buyers

Mid-sized and large millers who want better terms for performing well.

Suppliers

Vetted, ready buyers and a full cargo, with the destination risk reduced.

Banks

A record of how financed grain turns into cash, built from verifiable data.

Where we are

Hakika is preparing its first group buy, wheat into Mombasa for arrival in early 2027. We are speaking with millers, suppliers, the terminal and banks. If you buy, sell or finance grain into East Africa, we would like to hear from you.

Talk to us

Join us

We are building the team. We are looking for experts in agricultural risk and trade finance, and for AI engineers who want to build a platform around how commodity buyers already work, one that improves their work and teaches as it goes.

See who we are looking for