In a joint partnership with the Dutch Private Sector Investment Programme (PSI) Balmed establish 400 hectar cocoa plantation in close cooperation with the Dutch agriculture firm AMS B.V. as lead implementing agency. The project is a partnership between Theobroma B.V., Capitol Trading Company, Commodity Trading Company and Balmed Holdings, jointly forming AMS B.V. The project outcome will be a 1000 hectar cocoa plantation using the Blockfarming System and 280 youths benefiting from increased income through the sales of cocoa and intercrops.
In cooperation with the Sierra Leonean Government, the European Union launched a 16 Million Euro agricultural project, Agriculture for Development (A4D) in Sierra Leone. The project mainly focusses on employment creation and sustainable cash crop production aiming cocoa, coffee and cashew. The leading implementing agencies are the german NGO Welthungerhilfe, the Italian Development Cooperation COOPI and the National Research Institution of Greenwich University. Balmed has recently signed a cooperation agreement for planation rehabilitation and establishment of new plantations (Blockfarming) under the A4D project.
On the 11th november 2013, the Irish based NGO Goal International was visiting the Balmed Store in Kenema to see the companies operations and find out more about the working relations with cocoa farmers in the Kenema District. Goal Internatioal mainly focusses on humanitarian projects like healthcare, water sanitation and hygiene. Balmed is looking forward to a possible cooperation with the NGO on selected projects.
In 2013 the German NGO Sankofa e.V. donated a full container load of football items, office equipment and other items like sewing machines or music instruments. The items were collected from the members of the charity club in Germany and then shipped to Sierra Leone. The items were distributed by Balmed to the various communities and to the Adult Literacy classes Balmed is working with. The football items, containing shoes, jerseys, protectors and balls were given to 4 clubs in the Kailahun and Pujehun Districts.