Head of Operations at Nyonkopa Cocoa Buying Limited, Mr. Pious Vincent Abakah has told Rite news in an interview that the company’s strides and successes over the last two years accounted for its current award of Agribusiness Company of the year 2018.
Nyonkopa Cocoa Buying Limited, a fully owned subsidiary of Barry Callebaut, the world’s leading manufacturer of high quality chocolate and cocoa products was recently adjudged the Agribusiness Company of the year 2018.
The Company was presented with the prestigious award at the Ghana Business Awards organized by the Ministry of Business Development held at the Gold Coast Kempinsky Hotel in Accra and which was in recognition of the Company’s exemplary leadership in the Agribusiness industry.
Mr. Abakah explained that though Nyonkopa Cocoa Buying Limited is barely two years old, the company has already won ten awards within the period. The company, he noted improved its ranking from the 17th position under the COCOBOD ranking to the 4th position and subsequently to the 3rd position.
Having purchased this company two years ago, the company at the time ranked 17th on COCOBOD’S rankings. The company within a matter of one year improved to the 4th position and within two years, to the 3rd position Mr. Abakah averred.
Aside these feats, the Head of Operations said the company has not relented in its corporate social responsibilities to cocoa growing communities and cocoa farmers in general.
The company has over the last two years instituted an insurance policy for its farmers. Known as the Nyonkopa Farmer Plan, affiliated cocoa farmers of the company under this policy benefit from a special insurance cover, subsidy on ward’s school fees as well as a special pension scheme designed for the future needs of its cherished farmers.
Aside this, Nyonkopa Cocoa Buying Limited has undertaken several corporate social responsibilities including the sinking of over 120 boreholes, street lightening of several communities and the provision of lamps to over 2000 households.
On the way forward, Mr. Pious Vincent Abakah disclosed that the company is targeting the launching of more innovative products onto the Ghanaian market, aimed at improving the financing of its cocoa producers.
One of such initiatives, he said, is the introduction of the ‘forever chocolates’ which aims at taking a targeted number of farmers out of poverty.
The initiative is to address the worrying position of most farmers below the poverty line.
Other initiatives, he added include other productive ventures cocoa farmers can undertake alongside their cocoa production activities such as livestock rearing which is aimed at improving the lot of the cocoa farmer.
Nyonkopa was identified and nominated and in other award categories making the company a potential winner of those categories. These include SME of the year, Excellence in CSR and Best Growing Company.