Valency Intenational Tender

Project ID: 56704
Status: Concept Reviewed
Location: Regional
Business Sector: Food and Agribusiness
Notice Type: Private
Environmental Category: B
Approval Date: 03 Dec 2025
Disclosure date: 20 Oct 2025
Project Description
Provision of up to EUR 70 million working capital facility to Valency International to finance its working capital needs related to the sourcing of cashew nuts, cocoa and sesame seeds in Côte d'Ivoire and Nigeria (the "Project").

Project Objectives
The Project supports core activities of an international sponsor and is expected to generate positive spillover effects for primary agriculture in Sub-Saharan Africa. By expanding cashew sourcing activities and prioritising the export of processed cashew nuts, the Project will strengthen backward linkages with local farmers. This will be achieved through tailored training programmes focused on best farming practices. Additionally, the Project will contribute to the development of the processed cashew export segment, which remains underdeveloped due to the sector's current reliance on raw cashew nut exports from Côte d'Ivoire and Nigeria.