“The launch of Copa’s initial food product is the culmination of a truly international effort organized by GADCO over the past few years. The team have worked diligently to introduce new technology and cultivation methods primarily from Brazil to produce very high quality rice for the local market. GADCO is currently expanding hectarage for rice production, and with the Fievie community will soon be launching its smallholder program aimed at transforming livelihoods through innovative market access programs” commented Toks Abimbola, co-Founder and Director of GADCO.
Consumer demand in West African rice markets has been growing at over twice the population growth rates, presenting an opportunity to build domestic and regional packaged rice products. The majority of the demand is currently met through high cost imports. GADCO’
“We are delighted to launch our initial packaged rice products under our Copa label. This is the first in a series of food products GADCO will be launching in the coming years aimed at serving multiple segments of the consumer market, including the emerging BOP product market. GADCO is now scaling production across rice and other cereals to support Copa’s market growth” said Karan Chopra, head of Strategy and Business Development at GADCO.
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GADCO is an agri-food business that offers integrated and sustainable solutions in cereal and protein-based food markets. The Company builds and operates integrated and sustainable value chains from agri-production to packaged food products to serve African markets, including the strategic base of the pyramid (BOP) market segment in partnership with smallholders. GADCO markets it food products under its own Copa label. It is privately owned and backed by Summit Capital LLC.