Empowering Agricultural Trade in Africa Absa | Corporate and Investment Banking > Insights and Events > Empowering Agricultural Trade in Africa SHARE This USD 45 million facility supporting Royal Nuts’ subsidiary, Dorado in Côte d’Ivoire, the world’s largest single-roof cashew processing facility, driving economic growth, community upliftment, and global market expansion, will boost its working capital and optimise supply chain efficiency in West Africa. Absa is proud to have acted as Sole Arranger and Lender on a USD 45 million Structured Commodity Finance Facility for Royal Nuts, enabling its subsidiary Dorado, the world’s largest single-roof cashew nut processing and technologically advanced factory, to enhance working capital and drive end-to-end supply chain efficiency. With operations across West Africa. Royal Nuts plays a role in the regions agricultural sector, exporting high-quality cashews to global markets. This bespoke facility supports Royal Nuts strategic vision to lead Africa’s transformation in value addition, drive growth, and create lasting economic opportunities through job creation and fair value for producers. By structuring a tailored and bespoke commodity finance solution, Absa continues to unlock Africa’s agribusiness potential and strengthen value-added exports. Contact Tshimbi Ntuli for more information https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Empowering African Aviation to Soar Higher Absa Corporate Investment Banking enables strategic fleet reintegration and regional expansion for AELF and SAA with a USD 31 million aircraft refinancing solution. Read more DEALS Energising Progress with Africa’s Largest Standalone Battery Facility We are proud to have played a pivotal role in one of Africa’s most significant energy milestones: the Red Sands Battery Energy Storage Project which is set to become the continent’s largest standalone battery energy storage facility to date to move towards construction. Read more DEALS Supporting expansion in SA’s healthcare property market Absa CIB partners with Growthpoint Healthcare Property Holdings on a R950 million facility to finance healthcare infrastructure. Read more