Olam Agri launches Baking Academy in Kano State to Deepen Investment in Women’s Economic Empowerment.

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Olam Agri, the leading agribusiness in food, has recently launched a baking academy in Kano State with the aim of increasing investment in women’s economic empowerment. Olam Group ($SGX:VC2) is a leading agri-business and food company operating across the entire value chain from farm to fork. They are dedicated to improving the livelihoods of farmers and their communities, creating innovative solutions for their customers, and growing a sustainable business. The Baking Academy is part of Olam’s commitment to promote gender equality and create economic opportunities and empowerment for women. The Academy provides women with baking skills to enable them to create their own businesses and become independent entrepreneurs. The Academy also provides baking training programs to equip women with the necessary tools to pursue careers in the food industry.

Additionally, the Academy supports women by providing access to resources, such as capital, business advice, mentorship, and marketing support. The Academy is part of Olam Group’s larger initiative to promote gender inclusion in the agricultural sector and further help to diversify livelihoods and create resilient communities. This initiative is in line with the group’s vision to create sustainable outcomes for its stakeholders, while also taking into account economic stability and environmental sustainability. By providing necessary training, resources, and support, Olam Agri’s Baking Academy in Kano State will enable women to take advantage of opportunities in the food industry and realize their potential as independent business owners.

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This is part of the company’s commitment to create more economic opportunities and improve livelihoods of women in the region. The academy is designed to provide practical skills that will help women in the region to start and develop their own small businesses, while creating a new industry offering sustainable employment. It will teach baking and confectionary production, as well as business skills, such as budgeting, pricing, marketing and safe food production. The Baking Academy is part of Olam Group‘s wider initiative to develop more sustainable and inclusive supply chains in the region.

The company also plans to invest in agricultural training and education, which will help to create economic opportunities for women and promote economic development in the region. The launch of the Baking Academy on Monday was marked by a rise in Olam Group’s stock opening at SG$1.4 and closing at SG$1.5. This move demonstrates investors’ confidence in the company’s commitment to investing in social initiatives that have a positive impact on people’s lives. Live Quote…

About the Company

Income Snapshot

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Analysis

At GoodWhale, we have analyzed the financial information of OLAM GROUP and applied our Risk Rating system to evaluate its risk. According to our analysis, OLAM GROUP is a medium risk investment in terms of financial and business aspects. Our system has also detected three risk warnings in its income sheet, balance sheet, and cashflow statement. If you are interested in learning more about OLAM GROUP and these risk warnings in detail, you can register with us to get the full analysis. More…

Peers

It has a strong presence in many countries and a wide range of products. The company is constantly innovating and expanding its operations. Its main competitors are HF Foods Group Inc, Bid Corp Ltd, and Calavo Growers Inc. All these companies are large and well-established in the industry. They have strong financial resources and a wide customer base. They are constantly innovating and expanding their operations. They are also trying to enter new markets.

– HF Foods Group Inc ($NASDAQ:HFFG)

HFF Foods Group Inc is a food company that focuses on providing healthy and affordable food options. The company has a market cap of 266.92M as of 2022 and a return on equity of 4.72%. The company’s products are available in a variety of grocery stores and online retailers.

– Bid Corp Ltd ($OTCPK:BPPPF)

Bid Corporation Limited is a foodservice company. The Company operates in four segments: Foodservice, Retail, On-Premise and Support Services. It offers a range of services, including food and beverage procurement, logistics, distribution, equipment rental and support services. The Company provides its services to customers in South Africa, the United Kingdom, Ireland, Poland, Australia, New Zealand, Japan, China, India, Vietnam, Zambia, Botswana, Namibia, Mozambique, Ghana, Nigeria and various other countries.

– Calavo Growers Inc ($NASDAQ:CVGW)

Calavo Growers Inc is a company that produces, markets, and distributes avocados, tomatoes, and other fresh produce products. As of 2022, the company has a market capitalization of 658.2 million dollars and a return on equity of -5.75%. The company has been in business since 1924 and is headquartered in California.

Summary

OLAM Group is a major agribusiness invested in food, commodities, and other related industries. Their investment in women’s economic empowerment through the launch of a baking academy in Kano State is indicative of the company’s commitment to sustainable development. OLAM Group offers a wealth of opportunities for investors, with a focus on long-term growth and a diversified portfolio ranging from agricultural commodities to specialty crops and products.

The company has demonstrated success in both domestic and international markets, with a strong track record of financial performance. Through strategic partnerships and investments in key markets, OLAM Group has established itself as a leader in the global agribusiness market.