IN THE FIELD
More than 1,200 farmers, including close to 200 women,
make up the cooperative.
to improve livelihoods for thousands of smallholder farmers. “In the process of designing this financing agreement, Sucden highly appreciated the involvement of the OPEC Fund team and value that was added in supporting us in setting ambitious action plans and targets. “Cocoa farming is a critical sector for Côte d’Ivoire’s economy. Thanks to the OPEC Fund, IFC and others Sucden leverages its sustainability programs to positively impact cocoa quality by improving the efficiency and effectiveness of cocoa production through the sharing of best practices in the supply of sustainable and traceable cocoa. This ultimately helps our supply chain to align even better with international Environmental, Social and Governance standards which in turn will further strengthen promoting the competitiveness and sustainability of the cocoa sector in Côte d’Ivoire.” To date, the OPEC Fund has provided more than US$530 million in public and private sector support as well as trade finance to assist various sectors of the economy of Côte d’Ivoire, empowering its population.
One crop, four products: (L to R) Cocoa beans, cocoa powder, cocoa butter, cocoa cakes
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