A traceable and organic cashew nut processing business in Côte d’Ivoire sourcing directly from smallholder farmers.

Investment information

€9,000,000
Committed investment
Processing
Primary value chain focus
Committed investment
Primary value chain focus

Expected impact

5,500
Smallholder farmers linked to market
77
Jobs created
57%
Percentage of female employees
Smallholder farmers linked to market
Jobs created
Percentage of female employees

Our role

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.

Our investments in Côte d'Ivoire

Investment Total invested Investment type Start date
A2P €5,500,000Debt / Equity & Technical assistance2022
Cashew Coast €9,000,000Debt / Equity2024
DekelOil €8,700,000Debt / Equity2019