First slide

Global food and nutrition company Cargill is expanding its cocoa processing with an investment of $113 million in Yopougon, Ivory Coast, and Tema, Ghana. At Yopougon in Ivory Coast, the company is investing $100 million to increase production capacity by 50% and creating 85 full-time local jobs and hundreds of indirect jobs. And at Tema site in Ghana, Cargill invests $13 million to increase its production capacity by 20%.

Cargill also invests $12 million in sustainability and supply chain traceability programs in both countries over the next three years. The additional investment by the company will enhance the safety and well-being of children and families in cocoa farming areas and provide a more transparent, traceable cocoa supply chain for customers and consumers of the region.

The investment in sustainability and supply chain takes place as a part of the company’s corporate commitment to improving the lives of cocoa farmers and communities in two countries. Tracking

Cargill in Ivory Coast, with the new investment, will implement scalable mapping and monitoring technology solutions by 2020, it includes GPS polygon mapping and a digital Cooperative Management System (CMS) to advance tracking of the supply chain. In Ghana, the company has already achieved 100% traceability in the supply chain from farm to factory using these technologies; the Cargill will continue to invest in GPS polygon mapping of new farms in Ghana.

Cargill’s digital CMS also empowered farmers and different farm-related organizations to manage their operations and receive secure, timely payments for their beans through digital payment options.

Minnesota based Cargill is one of the largest food processing company with approximately 160,000 employees across 70 countries work relentlessly to nourishing the world in a safe, responsible, and sustainable way. The company has more than 150 years of experience with new technologies and dedicated to serving as a trusted partner for food, agriculture, financial, and industrial customers in more than 125 countries of the world. Cargill has helped farmers to grow more along with the community and to connect them to broader markets.

Cargill endlessly develops products as per consumer needs and farmers’ suitability with the help of innovative technologies. The company works in conjunction with farmers, producers, manufacturers, retailers, governments, and other organizations to nourish the world in a safe, responsible, and sustainable way.

Cargill is one of the largest privately-held corporations in the USA, along with Agricultural Supply Chain and food Processing the company also involves in Animal Nutrition, Food Ingredients & Bio-Industrial, Protein & Salt, and Metals & Shipping sector.

Prominent Global Investors

View all

Related News