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United States (U.S.) Ambassador’s Visit Celebrates Cashew as Cash Crop

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She reaffirmed the United States’ support of the West African cashew processing industry and shared her satisfaction regarding the encouraging results

ABIDJAN, Ivory Coast, September 7, 2023/APO Group/ — 

Her Excellency Jessica Davis Ba, the United States of America’s Ambassador to Côte d’Ivoire, reaffirmed America’s commitment to supporting the growing West African cashew processing industry during an official visit organized by TechnoServe’s (www.TechnoServe.org) Prosper Cashew project.

Spanning across Côte d’Ivoire, Ghana, and Nigeria, Prosper Cashew has ambitious goals. It is on track to increasing cashew processing capacity in West Africa to 15% of its total production volume. It expects to create more than 4,500 new jobs–at least 50% for women–facilitate $61 million of investment in the cashew sector, and support processors to sell more than $200 million of cashew products into domestic, regional and international markets.

Krishanu Chakravarty, Chief of Party, TechnoServe Prosper Cashew, accompanied Ambassador Davis Ba on the tour. He also provided an overview of the five-year project funded by the United States Department of Agriculture’s Food for Progress.

“It was an honor to host Ambassador Jessica Davis Ba and demonstrate how Prosper Cashew is working to transform the cashew industry sustainably through a localized, regenerative approach,” Chakravarty said. “We are proud to have the trust and support of the U.S. government on this project, which is well on its way to creating a better future for the people and communities. We look forward to the guidance and support of USDA’s Food for progress program as we move from here and build a legacy of transformative change in the West African cashew industry.”

I was thrilled to discuss Prosper Cashew’s impact on the communities and their livelihood, along with matters related to environmental sustainability in the local cashew industry

Chakravarty shared the project’s biggest successes and challenges in a strategy session with the ambassador. She reaffirmed the United States’ support of the West African cashew processing industry and shared her satisfaction regarding the encouraging results.

West Africa is responsible for 45% of all raw cashew nut production today. Less than 7% of it gets processed where it is harvested. Prosper Cashew is changing that by working with processors like Dorado Ivory. The project builds partnerships, bringing together processors and other supply-chain actors, investors, and the public sector to keep the economic and social value of the cashew at its source in West Africa.

“Our team appreciated Ambassador Davis Ba’s interest in West Africa’s bid to become a leading supply source for premium, single-origin cashews for the U.S. market and beyond,” said Dorado Ivory’s Chairman Venkatesan Rajkumar. “We thank Prosper Cashew for promoting Ivorian cashew quality and standards, and supporting our marketing efforts.”

Dorado Ivory sent off its 1,000th cashew shipment to the U.S. market during Ambassador Davis Ba’s visit. Prosper Cashew plans to run a U.S. consumer campaign to promote cashews from West Africa.

Ambassador Davis Ba’s meeting with Sarata Toure, the general manager and co-owner of SITA, a cashew processing unit, left a lasting impression. : “On behalf of the American people it is really an honor to see how our investments in the cashew industry empower beneficiaries in creating new jobs that improve the quality of life for those in the communities. I was thrilled to discuss Prosper Cashew’s impact on the communities and their livelihood, along with matters related to environmental sustainability in the local cashew industry. Having the chance to meet SITA, one of the beneficiaries and to discover the company’s unique journey was also an incredible experience and helped me reframe the way I think about how we are working in the sector.” Her Excellency, Jessica Davis Ba, U.S Ambassador to Côte d’Ivoire.

TechnoServe’s project is set to continue through 2025 with a focus on strengthening and reviving existing cashew processing facilities, improving access to funds, demonstrating the business case for additional investment flows into the sector, and bringing together investors and high quality investees.

Distributed by APO Group on behalf of TechnoServe.

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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