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 Investing in the infrastructure powering West Africa’s growth Economic progress depends on reliable power generation and long-term investment. Across West Africa, Genser Energy has built a platform that helps mines, manufacturers, utilities, and businesses access dependable energy supply. Read more DEALS Absa supports Redefine’s international growth Absa supports Redefine’s international growth through €106 million sustainability-linked financing transaction Read more DEALS Absa supports Waco Africa’s growth ambitions with strategic funding solution Absa Corporate and Investment Banking (CIB) has successfully supported Waco Africa with a comprehensive funding package designed to strengthen the group's growth trajectory and support its long-term strategic objectives. Read more
