World Bank Approves $200 million to Help Côte d’Ivoire Increase Cashew Productivity and Promote Cashew Processing Industry
About 225,000 cashew farmers will benefit directly from the Cashew Value-Chain Competitiveness Project’s (CVCCP) interventions. Beneficiaries also include cashew enterprises ranging from small-scale processing units to larger industrial processing facilities with a capacity of 3,000 to 10,000 tons per year, as well as small and medium enterprises involved in storing raw cashew nuts. The investments are expected to generate around 12,000 direct jobs, of which 50 percent are for women.
Illustration Photo: Round Cashew Nut Cracker (credits: Joe Hall / Flickr Creative Commons Attribution 2.0 Generic (CC BY 2.0))