Cargill and the International Finance Corporation (IFC) have renewed their partnership, allowing the organizations to introduce new initiatives to strengthen cocoa producing cooperatives and their communities, including Coop Academy 2.0. The renewed partnership will add 40 additional cooperatives to the academy, bringing the total to 120 cooperatives reached through training and tools to improve their cocoa business, improve sustainability and increase profitability.
The Cargill Coop Academy, first established in 2013, was the first of its kind in the cocoa sector. The model provides cooperative leaders with the management skills to improve daily operations of their organizations, leading to a more professional, efficient and successful business. In 2014, Cargill partnered with IFC and others to scale the programme to reach over 350 cooperative leaders.
Lionel Soulard, Managing Director of Cargill Cocoa & Chocolate in West Africa, said: “The cooperative model has proven to be an exceptional method to bring cocoa farmers and their communities lasting benefits. By gaining invaluable skills and tools to professionalize their business, we see them independently driving impactful sustainability projects that bring meaningful change to their communities and the cocoa sector at large.”