B-BOVID Limited

An agro-processor sourcing and processing oil palm in Ghana. 

Project information

$230,030
Committed budget
$141,810
Budget dispersed
Oil palm
Partner focus
Committed budget
Budget disbursed
Partner focus

Expected impact

10

Jobs created / maintained

2,500
Smallholder farmers linked to market
70

Jobs created / maintained

Jobs created / maintained

Smallholder farmers linked to market

Jobs created / maintained

SDU role

The SDU is working with B-BOVID, an award-winning oil palm processor that sources most of its oil palm fresh fruit bunches (FFB) at farmgate from smallholder farmers, and supports them in implementing agro-forestry practices and integrated cropping. The SDU partnership with B-BOVID is laying the groundwork to achieve Responsible Sourcing of Palm Oil (RSPO) certification for B-BOVID’s oil processing mill and the smallholder farmers from whom the Company sources. This will enable the smallholder farmers to access higher prices for their FFB, as the RSPO certification will allow B-BOVID to access international export markets. This work will also improve the traceability of B-BOVID’s crude palm oil and palm kernel oil to the smallholder producers of the source FFB. The SDU’s support is also being used to provide the smallholder farmers with training in good agricultural practices, to increase their productivity.

Our investments in Ghana

Investment Total invested Investment type Start date
B-BOVID Limited - Technical assistance 2020
Babator Farming Company (BFC) $6,900,000 Debt / Equity 2016
Faranaya Agribusiness Centre Ltd - Technical assistance 2018
Kuapa Kokoo Limited (KKL) $3,000,000 Debt / Equity 2019
Mother's Shea Limited (Naasakle International LLC) - Technical assistance 2018
Nurevas $5,750,000 Debt / Equity 2016
Serendipalm Company Ltd - Technical assistance 2018