AgriFunds

Africa Négoce Industries (ANI) is a raw cashew nut processor based in Benin. ANI collects raw cashew nuts mainly from farmer cooperatives and processes them into cashew kernels for the export market. Smallholder farmers working with ANI benefit from a stable access to markets with constant prices, thus positively impacting their livelihoods. ANI will enter a purchasing relationship with Fédération Nationale des Producteursd'Anacarde du Bénin - composed of 40,000 smallholder farmers - the country's second-biggest cooperatives union in the cashew sector. ANI is also in the process of getting the BIO certification and aims to be certified by the end of 2023. This certification will allow ANI to benefit from certification premiums when selling organic kernels.