FDBusiness.com

Cargill, in Close Collaboration With its Partners, Drives Sector Transformation in Ghana

 Breaking News
  • Nestlé Inaugurates New Nescafé Dolce Gusto Production in Vietnam Nestlé has inaugurated a new Nescafé Dolce Gusto capsule production line in Dong Nai Province, Vietnam. The site will process an expected 2,500 tons of coffee per year (equivalent to 130 million capsules), using high quality coffee beans from Vietnam. This volume is expected to increase in the coming years. The investment reflects Nestlé’s clear focus on high-growth, [...]...
  • Pink Lemonade Yogurt? Arla Brings Indulgence to New Markets Arla Foods is to expand its successful Finnish brand, Ihana, into new markets with the premium yogurt range being launched in Denmark and the UK. Meaning ‘wonderful’ in Finnish, Ihana was launched through an extensive brand launch in 2016 in Finland with an iconic new design. Indulgence is one of the few areas in growth within [...]...
  • Process Components Announces Kemutec Expansion into Netherlands Process Components has announced the expansion of subsidiary company Kemutec in Europe, with the long-established manufacturing brand opening a new office in the Netherlands. The move forms a key part of its global strategy to extend its global territories, significantly grow its revenues and create new jobs. Kemutec has more than three decades’ worth of heritage in [...]...
  • Packaging Automation Supports the Reduction in Plastic Packaging Waste With the launch of the UK Plastics Pact to address the impact plastic waste is having on the environment, retailers and manufacturers are more conscious of single use and non-recyclable plastics and want to cater for the green consumer. The industry is turning to various kinds of eco-friendly packaging with the aim of reducing plastic [...]...
  • Glanbia Cheese Joint Venture to Build New €130 Million Mozzarella Cheese Facility Glanbia Cheese, the joint venture business between Glanbia plc and Leprino Foods, plans to build a new, world-class mozzarella cheese manufacturing facility in Portlaoise, County Laois, Ireland. A site for the new facility has been identified at the recently established Togher National Industrial Estate in Portlaoise. A total of €130 million will be invested in [...]...

Cargill, in Close Collaboration With its Partners, Drives Sector Transformation in Ghana

Cargill, in Close Collaboration With its Partners, Drives Sector Transformation in Ghana
April 20
09:00 2017

Cargill has celebrated the establishment of its own licensed buying company (LBC) – Cargill Kokoo Sourcing Ltd – in Ghana, in the presence of a Deputy Minister for Trade and Industry, Hon. Carlos Kingsley Ahenkorah, a Deputy Minister designate for Food and Agriculture, Hon William Quaitoo, the Ambassador of the United States to Ghana, H.E Robert P. Jackson, the Ambassador of the Netherlands to Ghana, H.E Ron Strikker, representative of the Chief Executive Officer, COCOBOD and representatives from Cargill.

This new LBC has been fully operational since November 2016, and allows Cargill to directly source cocoa from certified farmers in Ghana for the first time – putting the farmer at the heart of our business. So far over 25,000 farmers are registered, of which 9,000 are actively pursuing selling beans through Cargill’s LBC network. Cargill already sources directly from farmers and farmer organisations in other origin countries. Moving to this model in Ghana means that the company will be better positioned to efficiently implement the Cargill Cocoa Promise at scale and better serve its customers.

Cargill’s innovative high–tech purchasing model is built on the principles of sustainability and full traceability in Ghana. Farmers deliver their cocoa to community warehouses where their beans are digitally weighed in front of them, assigned a fully traceable bar code and funds are then transferred straight to the farmer’s phone or e-wallet using E-money through partnerships with E-Zwich, MTM mobile Money and Tigo Mobil Money. The revolutionary move to mobile money in Ghana adds assurance for the farmer, improves their ability to trade more effectively and eradicates all risks associated with cash payments.

Details of the beans are then recorded in a standardized management system before the beans are collected by larger trucks, which transfer them to central warehouses. Through Cargill’s new bar code system, the company can now trace each individual bag of Ghanaian cocoa beans, sourced through the Cargill LBC, to the individual farm, creating a fully traceable supply chain down to farmer level for the first time in Ghana.

Speaking about the importance of working with our partners to introduce this new payment system into rural areas in Ghana, Lionel Soulard, Managing Director West-Africa Cargill Cocoa & Chocolate said: “Never before has it been more critical for cocoa farmers in Ghana to be the master of their own destiny and improve their own livelihoods. With the introduction of an innovative digital payment system, or mobile money for short, this first-of-its kind initiative at scale in Ghana  is creating a great opportunity for smallholder finance at the farm level.

“We strongly believe that this way of doing business is the future for cocoa farmers in Ghana. Mobile money is the first step towards improving incomes for farmers, as we build the infrastructure and capabilities for a more efficient and effective supply chain.  Our aim is to create an enabling environment for smallholder finance for the future, resulting in better entrepreneurial spirit already noticeable at the farmer level,” continues Soulard.

Joseph Boahen Aidoo, CEO from COCOBOD, said: “We are pleased to have worked with Cargill on such an innovative project, and this shows our continued partnership with Cargill goes from strength to strength. We see this model as the future of cocoa sourcing in our country. COCOBOD will continue to work with all stakeholders in the sector to support the livelihoods of the farmers to bring about efficiency in production and at the same time environmental sustainability and transparency in the sector.”

The introduction of this model reflects Cargill’s commitment to transform the Ghanaian cocoa sector for the benefit of all stakeholders, and reaffirms the Cargill Cocoa Promise, Cargill’s commitment to improving the lives of cocoa farmers and their communities and, in doing so, securing a long-term supply of cocoa.

Soulard continued: “Having long standing relations with cocoa farmers and their communities is critical for the full implementation of our sustainability approach and we now intend to expand our existing sustainability activities to enable farming communities to benefit from training, community and farm development support. We intend to scale up existing activities to enable the current 9000 farmers dealing with the LBC to benefit from good agricultural practice training, community development, farm development and support in line with the COCOBOD strategy. Developing our sourcing capabilities in the world’s second largest cocoa producing country is an essential step to meet growing customer demand for sustainable, certified cocoa.”

“We are excited to continue this sustainability journey in Ghana, in partnership with COCOBOD, to address key challenges for our industry such as deforestation. Together, we are investing in the next generation of cocoa farmers and supporting the development of farmer aggregates,” said Soulard. “We look forward to building on our long history in the country and to embracing innovative sustainability practices and the latest technologies along the way. Above all else, we are committed to improving the livelihoods of Ghanaian cocoa farmers and their communities for generations to come.”

About Author

mike

mike



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements