The European Bank for Reconstruction and Development has provided a US$60 million sustainability-linked loan to Dorado to strengthen agribusiness value chains in Côte d'Ivoire. The financing will increase raw cashew nut sourcing for local processing and export, while introducing climate-smart practices, deforestation risk assessment, and Rainforest Alliance certification for at least 4,000 farmers.
The European Bank for Reconstruction and Development is strengthening agribusiness value chains in Côte d'Ivoire with a loan of up to US$60 million for Dorado, according to an official announcement. The financing will support the company's working capital needs, enabling its subsidiaries in Côte d'Ivoire to increase their sourcing of raw cashew nuts for local processing and export to international markets, thereby reinforcing domestic value addition, enhancing supply-chain resilience, and supporting rural livelihoods.
EBRD is a multilateral development bank, and Côte d'Ivoire became an EBRD country of operation in 2025. Dorado operates one of the largest cashew processing facilities in Côte d'Ivoire and exports its products to Europe, the Americas, the Middle East, and Asia. Structured as a sustainability-linked loan, this investment will enable Dorado to increase sustainably sourced cashews' share of total production, as well as improving efficiency and traceability across its operations. It will also introduce climate-smart agricultural practices for its suppliers and establish a deforestation risk assessment framework aligned with international standards.
This development matters for Côte d'Ivoire's agribusiness sector, where a technical cooperation package will support human capital development across the company's workforce and supply chain, enhancing financial inclusion for smallholder farmers and strengthening supply-chain practices. This will include certification of at least 10 cooperatives, covering a minimum of 4,000 farmers, under the Rainforest Alliance Sustainable Agriculture Standard, alongside establishment of 20 village savings and loan associations to improve access to finance and strengthen rural community resilience. Support will also extend to the company's seasonal workforce, the majority of whom are women, helping to improve economic opportunities and financial literacy.
For the agricultural industry, the EBRD's work in Côte d'Ivoire focuses on supporting sustainable infrastructure, strengthening private-sector competitiveness, and promoting green and inclusive economic growth. Stakeholders including smallholder farmers, cooperatives, women workers, and international buyers stand to benefit from improved traceability, climate-smart practices, and enhanced supply-chain resilience.
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