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Supplier News

Olam Agri's Seeds for the Future receives 2023 Sustainability Initiative of the Year Award

Nigeria's Olam Agri has been recognized for its impactful sustainability investment.

Olam Agri's Seeds for the Future receives 2023 Sustainability Initiative of the Year Award

courtesy of: Olam Agri

June 19, 2023

The Africa Food Awards recognizes and celebrates the best companies and individuals in Africa’s rising food manufacturing, retail, academia, and foodservice sector. The awards celebrate excellence and encourage adopting world-class practices and technologies in Africa’s food manufacturing, retail, and service sectors.

As one of the winners of the Sustainability Initiative of the Year Award, the Olam Agri Seeds for the Future Initiative was launched as Olam Agri in Nigeria’s wheat value-chain social sustainability investment vehicle in 2021 and is driven by five key levers, which are supporting farmers and farming communities, enabling broader education & skill development for young people, empowering women (farmers & bakers), promoting health & nutrition, and reducing carbon emissions in business operations.

In 2022, the initiative announced an impressive first-year result of its multi-year research, seed trial and multiplication effort. It generated optimism that Nigeria is making strides toward increasing local wheat production levels. Now a full-fledged foundation, the initiative is extending its impact to other segments.

"After evaluation by our judging committee, Olam Agri’s sustainability investment through the Seeds for the Future Foundation met all criteria of reach, depth, and impact, and towers above the competition in the sustainability investment category and deserves to receive one of the Sustainability Initiative Award for the year 2023," says Francis Juma, founder and chief executive officer, FW Africa.

Juma congratulated the business for its exceptional leadership and focused investment, which aim to drive impactful economic growth across operating markets.

"We will keep scaling up investment in projects that positively impact farming communities, consumer health, the environment, and government’s economic growth agenda. The Seed for the Future Foundation is a major vehicle for driving our wider investment actions. The Sustainability Initiative of the Year Award recognition underscores our impact level," says Ashish Pande, country head for Olam Agri in Nigeria.

He thanked the award organizer for the recognition reiterating that the business would not rest on its oars. He maintained that it would keep investing in strengthening the Nigerian food production and processing segments.

Winners in the same category at the awards include Ngorongo Tea – Electrical and thermal energy initiatives; Farmers Choice – Instalment of solar energy at the factory in Kenya, EABL - Biomass boilers project; The Marindi Healthy Woman - Agri-nutrition Community Initiative that enables women to tackle hypertension and diabetes in Homa Bay County, Kenya; Broadway Bakery – Be Sugar Smart Campaign; EABL - Water for Life Initiative; and Bio Food Products – Feeding for Profit Program.

The Africa Food Awards took place during the Africa Food Industry Week, which consists of high-level events such as the Africa Sustainability Symposium, AFMASS Food Expo and the Africa Food Safety Summit, all held in Nairobi, Kenya.

KEYWORDS: Africa awards Olam

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