Irrigated Perfumed Rice and Normal Rice Production in Thiagar, Senegal
Coumba Nor Thiam (CNT) is the third largest rice processing company in Senegal, with 30 years’ experience in the production and processing of normal and perfumed rice. Since 1987, CNT has been growing into a successful rice company, currently employing 2,500 outgrowers on 3,000 hectares (ha) of land and running a 500 ha own plantation in the Northern River Valley region. With a milling capacity of 120 tons/day, CNT is currently processing 15,000 tons/year of paddy rice.
CFC will be financing the purchases of farming and irrigation equipment, necessary for the upscaling of CNT’s profitable rice milling business. After the investment, the company is expected to increase its processing capacity to 40,000 tons by 2026, while adding 750 smallholders to its outgrower network, bringing the total to 3,250 farmers. In total, 16 new processing jobs are expected to be created
Submitting Institution | Coumba Nor Thiam (CNT) |
Location | Senegal (LDC) |
Commodity | Rice |
Total Cost | Euro 3,150,000 |
CFC Financing | USD 1,459,800 |
Counterpart Contribution | USD 1,690,200 |
Year of Implementation | 2019 |
SDGs
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