Tighanimine wins prize for best social economy initiative in Morocco
© Btc Josiane Droeghag

The United Nations have declared 2012 International Year of Cooperatives. The UN emphasises the important contribution of cooperatives to economic development as well as their role in poverty reduction, employment and social integration.

Many countries put this business model in the picture on 7 July 2012, the International Day of Cooperatives. In Morocco, the CDG (Caisse de Dépôt et de Gestion) foundation, the Moroccan Network for Social and Solidarity Economy and the Pan-African Institute for Development have awarded three cooperatives for their work in the area of good governance and for their social and economic impact.

The Tighanimine (Agadir) cooperative was one of the winners. It was awarded the prize for promoting the work of women who produce argan oil. Tighanimine pays its members a fair price which allows the women a decent income and improves  living conditions for themselves and their families. In November 2011 Tighanimine was the first worldwide to obtain Fairtrade certification for the production of argan oil. The TDC finances a project of the Ibn Al Baytar organisation which support Tighanimine (and two other cooperatives) in producing and commercialising argan oil.