Thanks to an agreement between five pulse producing agricultural cooperatives, Pedon is expanding its activities in Ethiopia. The company, a leader in processing, packaging and distributing pulses and dry cereals, is already present in the African country (in addition to Italy, China and Argentina) with a production facility, will supply raw ingredients – 13 tons of seeds – buying back the finished products on the basis of local prices.
The accord stems from the Italian Ministry of Foreign Affairs Cooperation for Development project entitled Agricultural Value Chains in Oromia, as reported in the online industry journal Distribuzione Moderna.
Cultivating pulses in Ethiopia has “enormous” potential, declared the company’s CEO Remo Pedon. The objective is to “initiate a new agricultural value chain aimed at a market economy that guarantees economic and environmental sustainability, as well as the permanency of local populations on the land.” The cooperatives involved “will be able to work with the specific final buyer without intermediaries to open to international markets.”