GuarantCo Guarantees $75 Million Debt for Robust's Cashew Processing Plant in Ogun, Nigeria
BIOFUELS
GuarantCo has provided a 100% guarantee for a $75 million debt facility to Robust International for a cashew processing plant in Ogun State, Nigeria. The new facility will double Robust's processing capacity from 100 MT to 220 MT per day, benefiting approximately 10,000 low-income farmers and generating an expected $335 million in export revenue. The project aims to create up to 900 jobs, with a focus on women, and aligns with UN Sustainable Development Goals 2 and 9.

Feb 7, 2026, 6:10 AM