Press Release

    Olam Joins Bill & Melinda Gates Foundation, And Other Industry Members, As Well As Government And Nongovernmental Organisation Partners, On Two Projects To Support Cocoa and Cashew Farmers Through Improved Training And Access To Markets

    Press release

    Olam International Limited (‘Olam’ or the ‘Group’), a leading global, integrated supply chain manager of agricultural products and food ingredients, has joined with the Bill and & Melinda Gates Foundation, and other industry members, as well as government and nongovernmental organisation partners, on two projects to support hundreds of thousands of cocoa and cashew farmers through improved training and access to markets. These projects represent a unique approach of partners working together across the supply chain to improve the incomes of small farmers in both the cocoa and cashew sectors.

    Olam’s Group Managing Director and CEO Sunny Verghese said: “At Olam, we are delighted to be in this important partnership with the Bill & Melinda Gates Foundation and other industry members. This approach is consistent with our philosophy of directly improving farmer incomes through improved crop yields and quality and the manner in which we integrate this into our business model. We continue to be committed to developing and implementing effective partnerships with donors and international agencies as a private sector development partner across Africa, Asia and Latin America.”

    For more information, please visit:
    http://www.gatesfoundation.org/press-releases/Pages/african-cocoa-and-cashew-farmers-090218.aspx

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