On Friday May 11, ACA Managing Director Christian Dahm, USAID West Africa Acting Director Lisa Franchett, and the President of BOAD (Banque Ouest Africaine de Developpement, or the West African Development Bank) Christian Adovelande signed a Memorandum of Understanding in Lome, Togo to improve access to finance for investments in cashew processing. The agreement will make available CFA 7...
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The latest news from the African cashew industry.
15 May, 2012
23 Apr, 2012
Online registration is now open for The Future is Now! The 7th ACA Annual Conference will be held in Cotonou, Benin from 17-20, September 2012. Register before June 15 to receive discounted early bird rates!
The ACA Conference has become the world's largest annual cashew event. This year, over 400 international cashew industry stakeholders...
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9 Apr, 2012
A breakthrough in access to finance was announced on March 1st by the African Cashew Alliance (ACA), the USAID West Africa Trade Hub, and African Investors Management Services Ltd (AIMS). A Memorandum of Understanding with the Nigerian Export Import Bank (NEXIM) and Ecobank will facilitate access to US$2 million in financing for three Nigerian processing firms, which will lead to dramatic...
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9 Apr, 2012
On Thursday 23 February, Olam International inaugurated its new cashew processing plant in Bouake, Côte d’Ivoire. This fully mechanized plant has a processing capacity of 30,000MT, which makes it one of the largest single cashew processing units in the world. The factory will employ 2,400 people when running at full capacity, of whom 60% will be women. The company invested US$ 30...
2 Feb, 2012
ACA was proud to support Nigeria's National Cashew Summit, held on 1-2 December 2011. This event, organized by Nigeria's Raw Materials Research and Development Council, focused on strategies to promote the sustainable development of Nigeria's cashew industry - namely an increase in both production and processing. The 200 participants learned about good agricultural practices,...
9 Jan, 2012
On 22 September, representatives of all of the world’s major cashew players met for the first steering committee meeting of the Global Cashew Task Force (GCTF) alongside the 6th ACA Annual Conference in Banjul, The Gambia. The 10 member steering committee includes ACA along with the cashew associations of Australia, Brazil, India and Vietnam, and large buyers/processors...
