The European Bank for Reconstruction and Development (EBRD) has announced a €70 million loan to Valency International to strengthen agricultural value chains in Côte d’Ivoire and Nigeria.

The financing is aimed at supporting the sourcing and processing of key agricultural commodities, including cashew nuts, soybeans, cocoa and sesame, for export markets. The loan will help Valency International meet its working capital needs, expand its operations and enhance the integration of local farmers into structured supply chains.

A significant portion of the funds will be used to increase the utilization of a recently commissioned cashew processing facility in Côte d’Ivoire. By boosting local processing capacity, the project is expected to create jobs, add value domestically and improve market access for smallholder farmers.

In addition to financial support, the investment includes technical assistance to strengthen the company’s climate governance framework and promote more sustainable business practices. The initiative aligns with the EBRD’s broader strategy to foster private sector development, resilience and sustainable growth in Sub-Saharan Africa.

This operation marks one of the EBRD’s first major engagements in the agribusiness sectors of Côte d’Ivoire and Nigeria, reflecting the bank’s expanding role in supporting economic transformation and job creation across the region.