Labacorp Farms, Ltd
Food and Fast-Moving Consumer Goods (“FMCG”) Company
A Cameroonian Based agri-business enterprise active in the production, commercialization, distribution, and conservation of farm products. We are responding to the need for Africa to produce what Africa grows. Africa has more than 62 percent of the world’s arable land but imports more than 35 billion dollars’ worth of food yearly.
We are currently providing Microloans to Women Rice Farmers as well as technical assistance and a secure market by buying their entire produce at an agreed-upon price which is then processed in our semi-industrial mills. 1220 farmers have currently benefited our support scheme and doubled their yield while increasing their income by 25%.