It is estimated that by 2022, Benin will produce at least 24,500 tonnes of cashew shells. Thanks to the successful partnership between Benin’s biggest cashew factory Fludor, and BeninCajù, there are now opportunities to transform this otherwise neglected product into a source of energy. Fludor’s President and CEO, Roland Riboux, is enthusiastic about the support he is receiving from BeninCajù, and looks very positively at the way the cashew sector in Benin is growing and developing at such a high speed.
Riboux particularly appreciates BeninCajù's work in collecting valuable and reliable market information and approaching new technologies. This sharing of information and expertise were pivotal to the construction of Fludor, which is currently the largest cashew processing unit in Benin, with an installed capacity of 15,000 tonnes. Riboux’s ambition is to reach 18,000 tonnes and employ at least 1,200 women in the factory. At both Fludor HQ and its satellite site in Bohicon, there are already hundreds of women and young people working and receiving a regular income.
Fludor and BeninCajù envision the launch of the new cashew shell powered factory for 2019. This ground-breaking innovation will add value to the shell, which alone represents 70% of the weight of the nut. Fludor has also benefited from BeninCajù's initiative Cajou Demain, supported by the CIPB (Council of Private Investors in Benin), that aims at encouraging people to get involved in the cashew sector. Riboux believes that Fludor’s example can and will inspire many young entrepreneurs, graduates and job seekers to approach the cashew industry, which represents the third pillar of the Beninese economy, after cotton and trade.
Watch our interview with Roland Riboux to find out more about this thriving industry!