For the Socfin Group, the value of a partnership lies in the complementarity of the skills brought to it by the different partners.
The Socfin Group has formed various partnerships within its projects:
- Village plantations and cooperatives: some 50 000 smallholders are developing their activities in cooperation with the plantations. The agro-industrial entities facilitate the purchase of quality plant stock, provide transport and guarantee the purchase of the smallholders’ output. In Côte d’Ivoire, a large programme was launched in partnership with the DEG and the "Fonds Ivoiro-Suisse Developpement Economique et Social” (FISDES) to support the opening-up of the area for village plantations.
- The development of social projects: two family farm schools were created in Cameroon in 2014 to provide training in rural trades to nearly 80 young people.
- The development of recreational areas: in Cameroon, Socapalm and Safacam replanted 3 000 trees in partnership with the National Forestry Development Agency for the reforestation of the plantation’s villages and schools.
- The training of medical and health prevention teams: in Côte d'Ivoire, Cameroon and other countries, collaborations have been formed with local social marketing organisations (AIMAS and ACMS) to ensure the effectiveness of the campaigns conducted.
- The financing and development of social infrastructure: between 2008 and 2013, Socfin collaborated with DEG on a number of long-term projects focusing on health and education. For example, one such project intensified efforts to prevent and treat HIV/AIDS for workers and their families, as well as for neighbouring communities, in seriously affected countries where the Socfin Group is present (DRC, Côte d’Ivoire, Cameroon, Nigeria and Liberia). Today, this cooperation is focusing on the fight against Ebola.
- The establishment of a dialogue platform: in some of the Group's African plantations and in Cambodia, dialogue platforms with local communities and local authorities have been set up to ensure regular and transparent communication between stakeholders.
- Easy access to the traditional banking system: plantations encourage banks to set up branches on their plantations, encourage bank transfers for remuneration and define the conditions for governing loans to its workers to protect them against over-indebtedness.
The partnerships that the Group has formed are based on common values which are vital to the success of the projects: transparency and mutual respect.