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Digitizing supply chains to lift farmers out of poverty

By | 2020-09-12T17:37:20+00:00 September 12th, 2020|Innovators & Inventions, News|

Millions of cocoa farmers live in poverty across western Africa. Over the years, these farmers have been forced to contend with geopolitical instability, predatory loan practices, and a general lack of information that hampers their ability to maximize yields and sell crops at fair prices. Other problems, such as deforestation and child labor, also plague the cocoa industry.

For the last five years, however, cocoa supply chains in villages around the Ivory Coast, Cameroon, and Ghana have been transformed. A suite of digital solutions have improved profitability for more than 200,000 farmers, encouraged sustainable and ethical production practices, and made cocoa supply chains more traceable and efficient.

The progress was enabled by SourceTrace, a company that helps improve agricultural supply chains around the world. SourceTrace offers tools to help manage and sell crops, buy and track goods, and trace products back to the farms where they were made.

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