The Cost-Sharing Grant (Scp) mechanism of the Cashew Value Chain Competitiveness Project (PPCA) was launched on Friday, June 14, 2019, during a workshop at the Palm Club Hotel in Abidjan-Cocody.
The workshop provided an update on the nature, purpose, and conditions for awarding CPP shared-cost grants.(Ph: DR)
The acceleration of processing of raw materials, including cashew nuts, is presented as one of the major axes of the economic and social development policy implemented by the Government of Côte d'Ivoire. To achieve this goal, the Ivorian authorities have surrounded themselves with all the guarantees. The last one is the Cost-Sharing Grant (Scp) mechanism of the Cashew Value Chain Competitiveness Project (PPCA), which was launched on Friday, June 14, 2019, during a workshop held in Montreal. Abidjan-Cocody.
Dr. Adama Coulibaly, Coordinator of the CPCA and Director General of the Council for Cotton and Cashew (Cca) recalled that Côte d'Ivoire is the largest producer of raw cashew nuts in the world, with a production of 761,317 tons in 2018, nearly 24% of world cashew production. "However, as the local processing rate of cashew is less than 10%, most of the domestic production is exported in raw form to Asian countries, depriving our country of potential sources of wealth creation and production. jobs, especially for women and young people, "he lamented. He praised the PPCA SCP mechanism, which he says will include increasing the productivity, quality and value-added of cashew for the benefit of smallholders and the industry. of local processing.
The CPCA Coordinator invited women and young micro-project holders, cashew producer cooperatives, cashew industry and warehouse operators to submit projects and participate actively in their implementation. Dr. Adama Coulibaly also urged the banking and financial sector to be strongly involved in the implementation of these sub-projects through, among other things, a diligent processing of the applications for funding of eligible candidates for the PPCA.
The Government, it should be remembered, undertook actions to strengthen the Ivorian cashew sector, notably through the signing of a financing agreement with the World Bank Group on April 21, 2018, concerning the implementation of of the Ppca. Arthur Coulibaly, CPCA Finance Facilitation Specialist introduced the mechanism. In particular, he indicated that the CPCA has three technical components: institutional support and governance of the supply chain.
value of the cashew nut; productivity improvement and access to markets.And support for private sector development and investment in cashew processing.
Regarding the next steps, a national call for projects will be launched on Monday, June 17, 2019 and the withdrawal of applications will begin Friday, June 21, 2019, including in the regional directorates of the Ministry of Agriculture and Rural Development (Minader ) the nineteen cashew production regions, and the CAC headquarters in Abidjan.
Irene BATH
Source: L Info Drome 
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