Neste announced the finalists at a recent World Humanitarian Summit in Istanbul, Turkey.Nestle CSV Council said in a
statement that Kilimanjaro vanilla will be competing against cassava starch and garri from South West Cameroon for a CHF 500,000 (over 1.1bn/-) prize money due to be an-nounced next June.
“Nestlé will announce the winner of the CSV Prize 2016 at the CSV Forum 2 016 on 21 June 2 016 in Abidjan, Ivory Coast,” the statement said.
The vanilla is locally produced by Natural Extracts Industries [NEI] from Kilimanjaro while Agro-Hub from Cameroun produces the other products.
“After four screening phases, the two finalists were selected from a group of 450 applicants by the Nestlé CSV Council, along with nine independent experts and nine Nestlé internal experts,” the statement added.
After four screening phases, the two finalists were selected from a group of 450 applicants by the Nestlé CSV Council, along with 9 independent experts and 9 Nestlé internal experts.
NEI is a social enterprise pioneering sustainable extraction of flavors in the country and was founded in November 2011.
It has established a value chain for the marketing of natural flavor extracts from vanilla, cacao and orange, working with smallholder farmers on the Tanzanian side of Mount Kilimanjaro.
Agro-Hub is an agricultural production and marketing agency in south-west Cameroon working to help small-scale farmers gain access to sustainable markets.
Agro-Hub has built a small, integrated factory to transform cassava into starch and garri, a type of tapioca, and sell it to its network of consumers through its own fresh food store (Agro-Mart).
“Both programs stand out for providing social-economic benefits to smallholder farmers in Sub-Saharan Africa, and increasing commercial value locally in the production of vanilla and cassava,” said Nestlé Chief Executive Officer, Paul Bulcke.
“They reflect good examples of how the private sector can contribute to increasing livel