LIFFTing the Cashew Value Chain in West Africa. As part of the USDA Food for Progress project Linking Infrastructure, Finance and Farms to Cashew (LIFFT Cashew), Connexus is playing a leading role in facilitating access to agricultural finance, investment, and marketing to strengthen the cashew growing regions of Senegal, The Gambia, and Guinea-Bissau (2018-2023). Connexus has identified partner financial institutions and is providing technical assistance and training, including its well-known agricultural value chain finance and risk management training. Connexus is also helping set up a Cashew Fund to support investments in the cashew value chains as a way to stimulate long-term direct investments and value chain finance to meet international quantity and quality expectations. The 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.
Client: Shelter for Life; 2018-2023
“LIFFT-Cashew will create durable trade infrastructure, increase access to financial services, organize and train smallholder farmers to increase production and bargaining power, and build the capacity of local processors to add value to kernels in the SeGaBi cashew production zone. As a result, the program will benefit smallholder farmers, a range of processors, and a variety of other businesses along the cashew value chain.” – Shelter for Life webpage on LIFFT-Cashew