- CDC Group

CREATING JOBS
EXPORT TRADING GROUP (ETG),
PAN-AFRICA
ROYSTOCK
SAMUEL
Head of Cleaning, ETC Cargo,
Dar Es Salaam, Tanzania
(part of Export Trading Group)
Every day when I arrive
at work, one of the first
things to do is to give the
workers equipment for
cleaning and masks for
protection.
SUSTAINABLE JOBS
Sureshrao Kancharana, CEO, ETC Cargo, states:
It’s a busy morning at ETC Cargo, located near
Tanzania’s main port, Dar Es Salaam. Hundreds of
workers are packing and bagging pigeon peas,
green gram and other pulses ready for export all
over the world; to India, China, UK, Europe and the
Middle East.
ETC Cargo is part of the Export Trading Group (ETG),
and is one of Africa’s largest agri-businesses. Its
headquarters is in Dar Es Salaam and it operates all
over Africa. Last year nearly 3 million metric tonnes of
commodities were traded by ETG, commodities such
as pigeon peas, chick peas, soya beans, cashew nuts
and sesame seeds, purchased from millions of
smallholder farmers across Africa. And, with over 300
food processing plants, warehouses and procurement
centres, ETG has created jobs for nearly 7,000 people.
Jobs are a path to development and, according to a recent
World Bank report, nearly 90 per cent of jobs are created in the
private sector. ETG is flourishing but often businesses in Africa
struggle to find the investment they need to grow.
Foreign investors face particular
challenges including red tape,
weak infrastructure and
governance issues.
nearly
2013
7,000 employees
y
Compan
Investee ding Group
ra
Export T
Location
ica
Pan-Afr
ENT INFO
2003
300 employees
INVESTM
Here at ETC Cargo in Tanzania, there are 300
employees. Roystock is one employee and has done
well in her job. She has progressed to head of cleaning
operations where she checks the cleaning of pigeon
peas, green gram and other pulses. At ETC Cargo,
women make up nearly 45 per cent of the workforce.
Training employees is one of ETG’s key concerns.
Our major challenge is with the unskilled
labour. Unskilled labour are those people who
are from the nearby villages or surrounding
areas who have never been to a job earlier. We
hire them. They get on-the-job training, since we
can’t just put them in a classroom. Nearly 45 per
cent of our employees are women. We make
them supervisors to train the new men who
come to work.
to ETG
mitment
CDC com
m
US $32.5
ent
ommitm
Year of c
2012
DEVELOPMENT IMPACT AND
FINANCIAL RETURN
CDC is the UK's development finance institution. We
support the building of businesses throughout Africa and
South Asia, creating jobs and making a lasting difference to
people's lives in some of the world's poorest places.
CDC provided a finance facility of US $32.5 m to the founders
of ETG in 2012. All CDC’s investments aim to build businesses
and create employment while generating a reasonable return.
Businesses such as ETG reflect this because as well as
providing a financial return, it is creating jobs and providing
incomes that have a significant impact on individuals, their
families and communities.
Responsible investing is also important to CDC. Improving
environmental, social and governance standards is a vital part
of managing a sustainable business and goes hand-in-hand
with being profitable.
Placing pigeon peas in bags - women make
up 45 per cent of the workforce at ETC
Cargo (part of Export Trading Group).
Thanks, in part, to the support of CDC, ETG continues to
expand giving thousands of men and women like Roystock
sustainable jobs which improve their standard of living.
Find out more about our work at www.cdcgroup.com
CDC December 2013