LIFFTing the Cashew Value Chain in West Africa

As part of USDA’s grant Linking Infrastructure, Finance and Farms to Cashew (LIFFT Cashew) awarded to Shelter For Life in 2017, Connexus is playing a leading role in facilitating access to agricultural finance, investment and marketing as needed to strengthen the cashew growing regions of Senegal, The Gambia and Guinea Bissau. In particular, Connexus is building the supply and demand for agricultural finance in all three countries. Connexus has identified partner financial institutions and is providing technical assistance and training, starting with its well-known agricultural value chain finance and risk management training. Connexus is also working with Shelter for Life to set up a Cashew Fund to support equity and other investments in cashew value chains as a way to stimulate long-term direct investments and value chain finance as needed to meet international quantity and quality expectations. Collectively, the six-year project aims to increase the volume and profitability of cashew processors, improve bargaining power of smallholder cashew producers, create jobs, especially for women and youth, facilitate outside investment and strengthen the regional competitiveness of the cashew value chain.

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