The Olam Direct platform enabled 7,000 farmers to access the latest market prices and negotiate directly with us rather than traditional buying agents.
ofi's scholarship programme in Vietnam funds education for children of cashew workers at our processing facilities.
100% of the energy consumed at the Tien Nga processing facility, is generated from 2 MW solar panels on the rooftops.
Beekeeping has an important role in generating and expanding the income of small-scale cashew farmers. Hives are placed in the orchards in return for bee pollination services, not only boosting cashew nut yields, but the farmer’s income also benefits from the sale of honey and wax.
An estimated 5,400 Ghanaian smallholder farmers are receiving better prices on their 3,100 tons of cashew thanks to Olam’s direct purchasing app Olam Direct. The app also benefits customers by providing greater traceability for their purchasing.
With only two harvests a year, the off-season is a typically lean period for the 5,000 Ghanaian households who depend on cashew as their sole means of income.
By Arouna Coulibaly, Managing Director Côte d’Ivoire, ofi (olam food ingredients)
Snack bars, spreads, nut-milks, cookies, and other sweet treats; cashew is becoming an increasingly popular ingredient across applications from bakery to beverages, feeding demand for healthier snacking options and plant-based proteins.