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Article: In Africa SCGP helps U.S. exporters score sales from coast to coast: West Africa SCGP success stories. (Around the Globe).(Supplier Credit Guarantee Program)(Brief Article)
- Article from:
- AgExporter
- Article date:
- June 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 U.S. Department of Agriculture. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In Cote d'Ivoire since the late 1980s, U.S. brown rice has been the core of food aid shipments under P.L. 480 Title I and Food for Progress. But it was not until August 2000 that the first commercial sale of 6,000 metric tons of U.S. brown rice was made, using the Supplier Credit Guarantee Program (SCGP).
Through September 2001, Uniriz, the largest Ivorian miller, had made four purchases, worth approximately $6 million, all using short-term financing facilitated by the SCGP. The brown rice is milled and sold under the Oncle Jo brand, which is steadily gaining a larger share of Cote d'Ivoire's market for high-quality rice.
The Rice Company of Roseville, ...