Press release
27th Oct, 2021
Olam announces a N300m investment to set up community seed enterprises to increase wheat production in Nigeria
Lagos, Nigeria
Will trial heat-tolerant varieties and create economic opportunities for women farmers
Olam, and its subsidiary Crown Flour Mill Limited (CFM), have launched a N300 million (US $750,000) 10-year project to set up community seed enterprises for Nigerian farmers to increase their production of wheat.
This wheat value chain project will strengthen agricultural production in northern Nigeria’s wheat farming belt and underlines Olam’s commitment to supporting the country’s goal of achieving self-sufficiency in food production.
The project will trial new heat-tolerant varieties of wheat and improved agronomic practices using a participatory approach that directly engages farmers. It will also engage at least 10 female farmers’ associations to become true drivers of change for their communities by training women to lead community-based seed enterprises. These enterprises will produce and make available high value seed to farmers in their local communities.&n
Press release
28th Jan, 2021
Top Employers Institute recognises Olam International for excellence in HR
Company’s operations in Cote d’Ívoire, Ghana, Nigeria, South Africa and the Netherlands also separately recognised
Africa
Olam International (Olam), the global food and agri-business, has been recognised by the Top Employers Institute for the first time in 2021 for its excellence in HR practices for the Africa region. The Company’s operations in Cote d’Ívoire, Ghana, Nigeria, South Africa, as well as the Netherlands, have also separately been awarded for their HR best practices.
The auditing survey from the Top Employers Institute highlighted Olam as excelling in each of the assessment categories, which included people strategy, organisation and change, career, digital HR, work environment, employer branding, talent acquisition and onboarding, performance management, learning, wellbeing, rewards and recognition, diversity and inclusion, and sustainability.
Jaideep Biswas, Regional Head of Human Resources, Africa, Olam International Limited, said,
“People are critical to
News
3rd Sep, 2020
Digital business breakthrough in Ghana
First smartphone food B2B App transforms grocery distribution and fuels Olam's digital expansion plans in West Africa
Olam Markets, Ghana's first and only B2B mobile app in the food sector, has made such a positive impact with grocery distributors that its owner, global food and agri-business Olam International, is now planning to take the app into West Africa.
Developed for the distributors of various foods businesses of Olam Ghana, including staples such as Royal Aroma Rice and First Choice Flour, culinary products such as Tasty Tom Tomato Mix, and branded snack foods such as Nutrisnax Biscuits, the app launched on June 24, 2019 after multiple rounds of testing in Accra and other towns, as well as the involvement of a team of young Ghanaians fresh from their year of post-tertiary education national service. The app added an average of 50 distributors each month, and, in little over a year, is today used by 90% of distributors supplying retailers with packaged foods processed a
Blog
16th Mar, 2021
7 principles for improving economic opportunity for farmers and rural communities
Smallholder farmers are the foundation of the global agriculture and food sector. It’s estimated that they produce around 30% of total crop production, making them critical to global food security. Olam relies on around 5 million smallholders for crops like cashew, cocoa, coffee, cotton and rice. Their ability to produce high yields of good quality and to earn a decent living is key to both short-term gains and to responsibly growing the business in the long-run.
At the same time, limited access to education, agri-training and technology, and banks and credit, result in yields being much lower than they should be. This threatens the reliability of Olam’s supply, while low incomes perpetuate poverty and discourage the next generation from becoming farmers.
There are 760,000 smallholders in Olam’s sustainability programmes - an uplift of 40% over the last two years, with farms covering 1.4 million hectares. Our approach to unlocking the economic potential of farmers through these progr
