Row rect Shape Decorative svg added to bottom 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 Absa Supports Heriot REIT’s Landmark Student Accommodation Development in Cape Town Absa Corporate and Investment Banking has partnered with Heriot REIT to provide development and investment financing for a landmark student accommodation project in Cape Town, reinforcing our commitment to enabling sustainable growth and investment across South Africa's real estate sector. Read more DEALS Absa supports investment in Eastern Cape retail communities Access to quality retail infrastructure plays an important role in sustaining local economies, creating opportunities for small businesses and providing communities with access to essential goods and services. Read more DEALS Stewarding retirement confidence across generations Enabling trusted continuity and long-term confidence as custodian to Africa’s largest pension fund. Read more
