Investor Presentaiton

JICA Cashew processing The Government and the World Bank have launched programs to improve the cashew nut value chain including an increase in processing The Government has created incentives to increase processing capacity The government has created a series. of incentives valid for 5 years with possibility to renew of additional 2 years. • Customs and VAT exemptions on new machinery and spare parts Tax credits for investors willing to increase the capacity or upgrade their processing units • Bonus of 400 FCFA per kg of exported processed cashew nut Source: Ministry of Agriculture; World Bank (2018); Press Search The World Bank has been supporting the Cashew value Chain with a USD 285 million loan between 2018 and 2023 Goal Activity Value (USD M) 1 Reaching 200,000 tons of RCN capacity, creating 16,000 jobs 2 Bringing total capacity to 190,000 tons, improving RCN quality 3 Facilitating access to markets Creation of infrastructure for cashew nut processing in four processing zones Construction and rehabilitation of RCN storage facilities Rehabilitation and maintenance of 2,100 km of roads, purchase of measuring instruments such as humidity meters, RCN quality analysis kits, marketing 106.2 17.6 19.8 4 Facilitating access to finance Provision of subsidies and matching funds for micro- projects, a guarantee fund for RCN purchase, promotion of a system of intermediate storage 85.6 5 Improving cashew plantation productivity Extending services for at least 300,000 producers, rehabilitation of 32,500 ha of plantations, organization of nurseries and specialized cashew support services 41.5 6 90 Improving value chain governance Organizational strengthening of producers and cooperatives, establishment of an interprofessional organization, setting up a Cashew Technology and Innovation Center (CIAT) in Yamoussoukro and general incentives for private sector investment 14.4 96

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