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 hectare (ha) of land and running a 500 ha own plantation in the Northern River Valley region. With a milling capacity of 120 ton/day, CNT is currently processing 15,000 ton/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 2025, while adding 500 smallholders to its outgrower network bringing the total to 3,000 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 |
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