Cashew apples and raw nuts in Casamance

Cashew Processing Platform · West Africa

Capturing value where cashews grow.

A 30 tons/day export-oriented, ESG-embedded processing unit in Ziguinchor, Senegal — the anchor of a scalable agro-industrial platform.

01Investment thesis

A structural inefficiency, made investable.

This investment relates to the first anchor processing unit. Regional expansion across West Africa is a strategic upside option — not required to achieve base-case returns.

01

Structural under-processing

Less than 15% of African cashews are processed on the continent.

02

Growing demand

US & EU markets expanding steadily.

03

Supply chain shift

Buyers reconfiguring away from BRICS processing hubs.

04

Margin capture

Value creation through local processing.

05

Scalable platform

Industrial design ready for replication.

02Market outlook

Why cashew, why now.

Plant-based diets and dairy alternatives are accelerating demand. Origin processing under international standards captures margin and delivers the traceability US and EU buyers require.

$3.42B

Cashew kernel market, 2025

$4.98B

Projected by 2034 (4.25% CAGR)

$13.49B

Total derived-products ecosystem by 2029

Africa grows it. Asia processes it.

of global raw cashew output comes from Africa50%
is processed within Africa15%
is exported raw to Asia85%

Go-to-market

United States

$1.04B market (2024) · AGOA preferential access

European Union

Up to $1B market (2023) · EPA trade benefits

Food ingredient buyers · Specialty wholesalers · Snack & plant-based processors

03The factory

30,000 kg/day in Ziguinchor, Senegal.

Kernel sorting line

Installed capacity sized for industrial relevance from day one, with conservative utilization assumptions and a phased ramp-up aligned with raw material availability.

  • Phased ramp-up

    Aligned with RCN harvest cycles

  • Export-first

    Orientation from day one

  • Regional expansion

    Platform designed for replication

Why Senegal

Non-BRICS jurisdiction

Outside geopolitical risk zones

Competitive advantages

Labor costs & logistics infrastructure

High-quality RCN

Kernel outturn ratio up to 30

Political stability

Pro-industrial policy environment

04Value chain

One chain, four links.

Each link of the AP Group chain is a business in its own right — together they connect West African farms to North American and European shelves.

  1. 1

    RCN production

    Supply from Senegal, Guinea-Bissau, Ivory Coast and Guinea.

  2. 2

    AP Factory Senegal

    Kernel production certified for export.

  3. 3

    AP Trading WW SL

    Local warehouses across Europe & others.

  4. 4

    AP Trading Co LLC

    Local warehouses across the US & Canada.

Whole kernels · Broken grades · Industrial pieces & flour

05ESG embedded

Impact that strengthens market access.

Local value capture

Jobs and economic multipliers in West Africa.

Employment generation

Strong female participation in the workforce.

Farmer income stabilization

Direct sourcing brings predictable income.

Circular by-products

Shells used for energy generation.

Lower carbon footprint

Shorter routes vs. Asia-based processing.

06Sponsors & governance

Industrial expertise, local execution.

PD

Pablo Díaz

CEO

Entrepreneur with 15+ years in consulting, administration and structured finance.

AO

Amadou Oury Diallo

Operations

Logistics specialist with 20+ years in cashew, focused on RCN sourcing and procurement.

FC

Fernando Carballal

Sales

Business development leader with 15+ years across Africa, Europe and the Americas.

SB

Soumahoro Bangali

Senior adviser

Director, Cashew Institute of Innovation (Côte d'Ivoire); 20+ years in industrial processing.

07Why invest now

Margins improve with execution, not optimism.

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Supply-chain shift underway

Buyers actively seeking alternatives to BRICS processing.

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Limited non-BRICS capacity

Supply gap creates pricing power and market access.

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First-mover in Senegal

Market position before competition intensifies.

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Ready to scale regionally

Replicable model across West Africa.

08Investor room · Confidential

Financials, cash flow & the offering.

Funding need, CAPEX, cash flow, stress tests and the investor offering are reserved for qualified investors. Request access and our team will get back to you.

  • Financial overview
  • Cash flow & stress test
  • Investor offering & exit paths
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info@welovecashews.com