PNC Partners with FasterCapital to Revolutionize Cocoa Processing in Côte d'Ivoire

PNC Partners with FasterCapital to Revolutionize Cocoa Processing in Côte d'Ivoire

Abidjan, Côte d'Ivoire & Dubai, United Arab Emirates - September 1, 2025

The National Platform of Cooperatives (PNC), a pioneering federation of cocoa cooperatives, today announces a strategic partnership with global startup accelerator FasterCapital through its EquityPilot program. This collaboration aims to accelerate PNC's mission: transforming Côte d'Ivoire's cocoa industry by developing local processing capacities and improving farmers' incomes, while leveraging FasterCapital's extensive resources and international network.

Responding to a Growing Market Opportunity

The global cocoa market is rapidly evolving, driven by increasing demand for sustainable and traceable products. Côte d'Ivoire, the world's leading cocoa producer, faces challenges such as low local processing and volatile commodity prices, which limit farmers' profitability and the industry's competitiveness.

PNC addresses these shortcomings by supporting 200 cooperatives in strengthening governance, achieving certifications, and developing processing infrastructure. This initiative seeks to capitalize on the growth of Africa's chocolate market and global sustainability trends.

PNC's Innovative Approach and Differentiation

PNC's added value lies in its ability to unite cooperatives to transition from exporting raw cocoa to producing processed products such as butter, liquor, and eventually chocolate.

This phased approach improves product quality, traceability, and market access, while integrating social initiatives such as the "One Farmer, One House" project.

Early results include stronger cooperative networks and the planning of semi-industrial processing units. PNC stands out by combining local expertise with certification standards aligned with global demand, differentiating itself from multinationals focused on commodity trading.

The Strategic Value of the Partnership with FasterCapital

Through the EquityPilot program, FasterCapital provides PNC with tailored acceleration services: strategic support, fundraising assistance, and access to international investor networks.

Renowned for its rigorous selection criteria and global reach, FasterCapital validates PNC's market potential and innovation. This partnership fast-tracks operational milestones - from strengthening cooperative capacities to commissioning processing units - while enhancing the development of digital platforms for marketing and traceability.

Leadership Testimonials

Hesham Zreik, Founder and CEO of FasterCapital, stated:

> "PNC embodies the type of transformative startup we seek: deeply rooted in local needs yet poised for global impact. Their integrated approach to cocoa processing and farmer empowerment perfectly aligns with sustainable investment trends and market demand. We are excited to support PNC on its journey toward becoming a key player in Côte d'Ivoire's cocoa value chain."

The CEO of PNC commented:

> "This partnership with FasterCapital accelerates our vision of revolutionizing cocoa production in Côte d'Ivoire. Their expertise and network bring essential resources to build our processing capacities and generate tangible income growth for farmers. Together, we are not just creating products - we are building a sustainable future for cocoa-growing communities."

Growth Trajectory and Outlook

Over the next five years, PNC aims to strengthen 200 cooperatives, commission two processing units, and increase the share of processed cocoa to 50% of total production.

The partnership will support market expansion in West Africa and beyond, with successive fundraising rounds aligned with infrastructure and digital platform development.

In the long term, PNC aspires to establish itself as a leading sustainable player, enhancing both competitiveness and social impact in the global cocoa industry.

About the National Platform of Cooperatives (PNC)

PNC is a federation of cocoa cooperatives in Côte d'Ivoire dedicated to improving production capacity, competitiveness, and sustainability. Founded to empower farmers through capacity building, certification, and local processing, PNC strives to shift cocoa exports from raw materials to value-added products while boosting farmer incomes and social well-being.

About FasterCapital

FasterCapital is a global venture builder and online incubator focused on co-funding and co-building innovative startups. Established in 2014, it is ranked #1 among venture builders in terms of the number of startups supported, investments made, and funds raised.

FasterCapital supports startups worldwide through a variety of programs, including fundraising assistance, business development, and technical support. The EquityPilot program is designed to help early-stage startups build scalable solutions through mentorship, strategic guidance, and access to international networks.

Press Contact

Rasha Almasri
📧 rasha.almasri@fastercapital.com
📞 +1 (512) 400-0256

🌐 www.fastercapital.com
#FasterCapital #PNC

Usine SIMAT 2 SAN-PEDRO ZONE INDUSTRIELLE
00225 Côte Ivoire
Email: nguessank.noel@pnc-ci.org
Téléphone: +000707086167 / 000709775711

https://pnc-ci.org/

This release was published on openPR.