Using Digital to Transform Aqua Feed Operations in Nigeria
Olam’s Animal Feed and Protein (AFP) business in Nigeria works closely with the Nigerian fish farming community. This community is an integral part of Nigerian economy and Olam’s Aqua Feed operations.
Olam AFP has a team of Aquaculture Technical Executives (ATE’s) spread across Nigeria who interact with the farmers regularly. As valued customers of Olam, the farmers receive customized technical advisory service around farm management from their respective ATE, which helps ensure a good yield.
We recently launched a digital solution focused primarily on enhancing our engagement with the farming community. The Aqua Feed Management digital solution has three applications:
Farmer mobile app: for real time data capture, farm reports and ROI calculation
Mobile app for Olam’s Aquaculture Technical Executives (ATE’s): to manage the farms by exception and provide prompt advisory service to farmers
Mobile app for Olam Managers: to monitor farm and ATE’s performance
My participation in EU-RT 2018 (RSPO Europe Round Table 2018) a few weeks ago brought out some frank conversations on one of my WhatsApp groups. Some friends wanted to know more about EURT and when I explained that it relates to use of sustainable palm oil, some of those that are more distant from the palm oil debates asked if there was such a thing as ‘Sustainable Palm Oil’. It affirms my awareness about how one-sided the palm oil debate has become and how lop-sided the image is. Yes, the answer is simple and short – THERE IS Sustainable Palm Oil. And we all need to do much more to make ALL Palm Oil Sustainable.
The June report from the International Union for the Conservation of Nature (IUCN) found that “palm oil is damaging global biodiversity, negatively impacting 193 species assessed as threatened on the IUCN Red List affected”. But further reading of the report also brings to light their awareness and acknowledgement that “banning Palm Oil would DISPLACE RATHER THAN HALT the g
Olam calls for urgent international cooperation to reduce major greenhouse gas footprint of rice production
Singapore – Urgent action is needed by the agri-sector along with brands, retailers, financial institutions, scientists and governments to implement solutions to limit methane emissions from rice production, while improving farmer livelihoods and food security. This has to take into account that many rice consumers are unable to pay more.
At the 5th International Rice Congress in Singapore this week, Sunny Verghese, Co-Founder and Group CEO of Olam, one of the world’s largest rice traders, will call on all stakeholders to advance the implementation of the Sustainable Rice Platform (SRP) Standard which promotes climate-smart practices. To achieve real scale, a raft of additional measures such as financial market support, reduced tariffs and freeing up capital by promoting the benefits of sustainable rice to more affluent consumers, are required.
Mr Verghese explained, “Rice production emits the same level of CO2 equivalent as Germany through methane emissions1. But climate change miti
Olam recognised as champion of inclusive agribusiness in ASEAN at inaugural AGROW Awards
Olam International has been recognised as a champion for inclusive business in the ASEAN agricultural sector at the inaugural AGROW Awards, organised by the ASEAN Business Advisory Council (ASEAN-BAC).
The AGROW Awards aim to recognise the achievements of inspiring agribusinesses and game-changing stakeholders enabling innovation in agriculture advancement in the region. Olam took home the Golden AGROW Award (Singapore) for its outstanding contributions in the field of agriculture by helping micro, small and medium enterprises in the region to prosper, and for advancing the field of agriculture overall.
Prakash Jhanwer, President of Southeast Asia and China, Olam International, said, “We are honoured and excited to receive this award. Olam has a significant footprint in Southeast Asia across the agri value chain, and this recognition is a strong testament to how the team is re-imagining global agriculture and co-creating innovative solutions to improve farmer productivity, bring qual