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 Connecting African Growth with Global Capital Absa Corporate and Investment Banking supported Ecobank Transnational Inc.’s (ETI) landmark $125 million Eurobond Tap - the first African financial institution issuance in international markets following the tariff-related US market disruption. Read more DEALS Driving Impact Through Purposeful Capital At Absa Corporate and Investment Banking, we believe that sustainable investment is key to long-term economic resilience. Our support of LeapFrog Investments reflects our belief in creating measurable impact - across ESG, economic, and community outcomes, by backing businesses that are accelerating growth across emerging markets. Read more DEALS Charging Progress in Green Energy The R3.8 billion wind energy transaction will finance the design, development, construction, operation, and maintenance of a 150MW wind project that will generate clean energy for Discovery Green - advancing the just energy transition we are proud to support. Read more
