The deal, executed through Mauritius-based Dagro Chemical Limited, is subject to regulatory approvals
Backed by World Bank financing, Benin plans to boost its cashew yields and shift more processing activities within the country.
With a production capacity of up to 16,000 tonnes of goods annually, including Lay’s snacks, the facility was initially scheduled to open in 2026 and increase to 21,000 tonnes in 2027.
Under this model, three private entities will manage large tracts of land: Selu Limited (20,000 acres), Nyumbani Foundation (50,000 acres), and Al Dahra of the United Arab Emirates (180,000 acres)
In order to improve baked goods, the workspace also gives dsm-firmenich clients on-site access to a team of bakers, product developers, technical experts, applications scientists, and other specialists.