 EXECUTIVE SUMMARY |
PRODUITS AGRICOLES DE Côte d'Ivoire (P.A.C.I.) is an established cocoa and coffee exporting group based in the Côte d'Ivoire in West Africa.
Cocoa and coffee are the country's two main agricultural crops and rank the country as the #1 (cocoa) and #5 (coffee) producing country worlwide.
International financial bodies have recommanded that these industries are liberalised. This will come into effect as early as october 1998.
P.A.C.I. plans to be ready to capitalize on the synergy created by the opportunity of this new market economy - and the global potential it creates.
| COMPANY BACKGROUND |
PRODUITS AGRICOLES DE Côte d'Ivoire S. A. (P.A.C.I.) is an established cocoa and coffee marketing and exporting group based in the Côte d'Ivoire in West Africa.
These two cash crops are recognized by authoritative and world- Renowned sources in ranking the country as:
| IN AFRICA WORLDWIDE |
| COFFEE |
#1 |
#5 |
#7 |
| COCOA |
#1 |
#1 |
|
 |
| COMPANY FORMATION |
P.A.C.I. was formed in the early 1990's by the company's founder, and current president Directeur General Mr. Alphonse KOUAME along side a number of other professionals in the coffee and cocoa markets in order to capitalize on their local and international expertise and contacts gained through many decades of experience.
P.A.C.I. is incorporated as a S.A. capitalized by 650 millions CFA (approx. US$ 1,1 millions).
| COMPANY OBJECTIVE |
The company is seeking a loan of US$1,5 millions to further expand its current resource - cocoa and coffee sales/marketing - to incorporate coffee processing (production) as a synergistic element of ils total business operations.
This enhancement is planned in order to benefit from. strategic government decisions to liberalize both of these important sectors for:
COFFEE - THE 1998/1999 SEASON
COCOA - THE 1999/2000 SEASON
| MARKET BACKGROUND |
P.A.C.I. has prepared further documentation which details the main characteristics of the stable Ivorian economy ant the role and importance of it two key agricultural crops (coffee and cocoa) to the rest of the word.
Numerous creditable sources - including the U.S. Departement of State ; U.N. Statistical and Industry Survey, The Wall Street Journal, Moody's, The Economist Intelligence Unit and The International Coffee Organization amongst others have been used to provide more detailed country, economic and market background. |
