A traceable and organic cashew nut processing business in Côte d’Ivoire sourcing directly from smallholder farmers.
Founded in 2019 in Côte d'Ivoire, the group owns and operates two cashew factories with a combined processing capacity of 19,000 MT/year of raw cashew nuts. It is fully traceable, organic, employs 750 people, and sources cashew nuts from over 7,000 smallholder farmers. AgDevCo’s investment will finance the expansion and upgrade of the company’s processing capacity, as well as farmer productivity enhancements, and warehousing across producing regions.
Investment | Total invested | Investment type | Start date |
---|---|---|---|
A2P | €5,500,000 | Debt / Equity & Technical assistance | 2022 |
Cashew Coast | €9,000,000 | Debt / Equity | 2024 |
DekelOil | €8,700,000 | Debt / Equity | 2019 |