Deal #1126 Version 51327 Version 51328
Intention of investment
  • [current] Food crops
  • [current] Food crops, Non-food agricultural commodities
Nature of the deal
Pure contract farming
Comment on contract farming
50 000 families are growing cacao for the processing facility and producing 80 000 tons of cacao. Rest of the smallholders are growing cotton.
50 000 families are growing cacao for the processing facility and producing 80 000 tons of cacao. 16,600 smallholders are growing cotton on 64,500ha for Olam subsidiary Sociรฉtรฉ dโ€™Exploitation Cotonniรจre (SECO). Sociรฉtรฉ Agro Industrielle de la Comoe sources naturally coagulated, or cup lump, rubber from about 2,000 smallholder farmers and members of cooperatives.
Comment on investment chain
Operating company could be Societe d'Exploitation Cotonniere Olam (SECO)
Olam has three registered subsidiaries in Cote d'Ivoire: Olam Ivoire SA, Outspan Ivoire SA and Olam Cocoa Processing Cote dโ€™Ivoire. Societe d'Exploitation Cotonniere Olam (SECO) is most likely a subsidiary of Olam Ivoire.
Crops area/yield/export
  • Cacao, Cashew, Coffee Plant, Cotton, Rice [current]
Contract farming crops
  • [current] Cacao, Cashew, Coffee Plant, Cotton, Rubber tree