Strategic Partnership: Scoopaak Coop Ca and FasterCapital Propel Sustainable Cocoa Supply Chain Growth
Abidjan, Côte d’Ivoire Central African Republic & Dubai, UAE – Sep 03 2025
Scoopaak Coop Ca, a leading agricultural cooperative specializing in coffee and cocoa production, today announced a strategic partnership with FasterCapital through its EquityPilot program. This collaboration aims to accelerate SCOOPAAK’s growth trajectory in Côte d’Ivoire’s dynamic cocoa sector by leveraging FasterCapital’s global expertise, capital-raising support, and innovation-driven resources. The partnership underscores the significant market opportunity in West Africa’s cocoa industry and positions Scoopaak Coop Ca for sustainable expansion and enhanced operational efficiency.
Market Opportunity & Problem Statement
Côte d’Ivoire is the world’s top cocoa producer, accounting for 40% of global output, with a sector contributing 15% to national GDP and 40% to export revenues. Despite this prominence, the industry faces challenges including aging plantations, price volatility, and limited local processing capacity. Scoopaak Coop Ca addresses critical inefficiencies in the supply chain by uniting over 350 cooperators and optimizing procurement, processing, and distribution. The cooperative’s focus on quality, sustainability, and farmer welfare fills a vital gap in the market, offering a scalable model amid increasing global demand for ethically sourced cocoa.
Startup Solution & Differentiation
Scoopaak Coop Ca delivers a diversified product portfolio including coffee, cocoa, rice, and natural juices, with a proven track record of collecting and processing over 900 tonnes of cocoa annually. Its value chain integrates nimble logistics, rigorous quality control, and strong client relationships with industry leaders such as Cargill and Nestlé. The cooperative’s unique approach combines social responsibility with operational excellence, ensuring timely payments to producers and maintaining product integrity. This positions SCOOPAAK as a trusted partner in the competitive West African cocoa market, supported by a management team with deep sector expertise and a commitment to sustainable growth.
FasterCapital Partnership Value
Through the EquityPilot program, FasterCapital offers Scoopaak Coop Ca tailored acceleration services including strategic mentorship, global market access, and capital-raising facilitation. FasterCapital’s rigorous selection process highlights SCOOPAAK’s potential for scalable impact and financial sustainability. The partnership will enable SCOOPAAK to secure a $1 million funding round aimed at expanding its procurement capabilities and upgrading equipment, accelerating its path to market leadership within five years. FasterCapital’s founder, Hesham Zreik, emphasizes the program’s role in bridging startups with strategic investors and fostering innovation in emerging markets.
Executive Quotes
Hesham Zreik, Founder of FasterCapital:
“Partnering with Scoopaak Coop Ca aligns perfectly with our mission to empower high-potential startups in vital sectors like agriculture. Their innovative cooperative model and clear growth strategy demonstrate strong market fit and impact potential. We are excited to support their journey through our EquityPilot program and help unlock new opportunities in Côte d’Ivoire’s cocoa industry.”
Diallo Oumar, Founder & President of Scoopaak Coop Ca:
“Our partnership with FasterCapital marks a pivotal moment for SCOOPAAK. With their support, we will enhance our operational capacity and deepen our impact on local producers. This collaboration accelerates our vision to become a market leader in sustainable cocoa production, benefiting farmers and stakeholders across the value chain.”
Growth Trajectory & Future Plans
Over the next 12 months, Scoopaak Coop Ca plans to increase cocoa procurement to 1,000 tonnes, expand its client base to include major players like Olam and Cémoi, and deploy new processing equipment funded through the FasterCapital partnership. The cooperative targets a 15% annual revenue growth, supported by improved supply chain financing and operational efficiencies. SCOOPAAK’s long-term vision includes scaling regionally, enhancing local processing rates, and reinforcing Côte d’Ivoire’s position in the global cocoa market while fostering sustainable agricultural practices.
About Scoopaak Coop Ca
Founded in 2021 by Diallo Oumar, Scoopaak Coop Ca is an agricultural cooperative based in Divo, Côte d’Ivoire, specializing in coffee and cocoa production. With a membership of over 350 cooperators, the company focuses on sustainable sourcing, quality control, and fair trade practices. SCOOPAAK is committed to empowering local farmers, improving livelihoods, and contributing to the economic development of the region.
About FasterCapital
FasterCapital is a global technology incubator and accelerator that supports startups through capital investment, mentorship, and strategic partnerships. Its EquityPilot program is designed to accelerate early-stage companies with high growth potential by providing access to funding, market expertise, and a global network of investors and industry leaders. With a proven track record of successful collaborations, FasterCapital is a trusted partner for startups seeking to scale and innovate in emerging markets.