Transforming the cashew value chain in Africa to NetZero
by converting 10 million tons of cashew waste into bio-bitumen and organic compost
by converting 10 million tons of cashew waste into bio-bitumen and organic compost
THE PROBLEM
The food system we depend on is harming the one thing we all share: the planet
The food system we depend on is harming the one thing we all share: the planet
of global anthropogenic GHG emissions originate from our food system
of global anthropogenic GHG emissions originate from our food system
of that is caused by food waste
of that is caused by food waste
giga tonnes of CO2e
= more than the global transportation footprint
giga tonnes of CO2e
= more than the global transportation footprint
THE OPPORTUNITY
THE OPPORTUNITY
Cashew: high waste, higher potential
Cashew: high waste, higher potential
million tons of cashew waste annually in Africa
million tons of cashew waste
annually in Africa
waste-to-value opportunity
= local economy & jobs
waste-to-value opportunity
= local economy & jobs
NetZero-certified packaged food value chain
NetZero-certified packaged food
value chain
Our Mission
Our Mission
Transforming cashew value chain to NetZero
Transforming cashew value chain to NetZero
million tons of cashew waste valorized locally
million tons of cashew waste
valorized locally
ton of CO2e avoided and removed from carbon cycle
ton of CO2e avoided and removed
from carbon cycle
million euro incremental value added to local economy
million euro incremental value
added to local economy
Our impact
Our impact


Community
15k small holder farmer lives improved (+15% income increase)
355 jobs created — mostly women & youth
9x waste-to-value creation, 75% reinvested in local economy
Sustainable farming practises and organics inputs for soil improvement

Community
15k small holder farmer lives improved (+15% income increase)
355 jobs created — mostly women & youth
9x waste-to-value creation, 75% reinvested in local economy
Sustainable farming practises and organics inputs for soil improvement
Investors
5-year payback, contracted diversified revenue stream
€151 million turnover potential
Strong ESG alignment with EU taxonomy
USD/EUR income combined with impact upside


Investors
5-year payback, contracted diversified revenue stream
€151 million turnover potential
Strong ESG alignment with EU taxonomy
USD/EUR income combined with impact upside



Experienced team, execution ready
Experienced team, execution ready
FMCG executive, until recently Unilever Foods’ Global Strategy & M&A lead. Former GM of Unilever Foods East Africa. JP holds master’s degrees in Economics and Law and strongly believes sustainable business drives growth, reduces risk, and delivers better results for both planet and profit.
FMCG executive, until recently Unilever Foods’ Global Strategy & M&A lead. Former GM of Unilever Foods East Africa. JP holds master’s degrees in Economics and Law and strongly believes sustainable business drives growth, reduces risk, and delivers better results for both planet and profit.
FMCG executive, until recently Unilever Foods’ Global Strategy & M&A lead. Former GM of Unilever Foods East Africa. JP holds master’s degrees in Economics and Law and strongly believes sustainable business drives growth, reduces risk, and delivers better results for both planet and profit.
Food serial entrepreneur having founded the largest oyster entertainment business of the Netherlands (exited in 2021) and having operated a novel vegetable waste pasta company. Jan spent five years in marketing and sales with Procter & Gamble and holds a master’s degree in business.
Food serial entrepreneur having founded the largest oyster entertainment business of the Netherlands (exited in 2021) and having operated a novel vegetable waste pasta company. Jan spent five years in marketing and sales with Procter & Gamble and holds a master’s degree in business.
Food serial entrepreneur having founded the largest oyster entertainment business of the Netherlands (exited in 2021) and having operated a novel vegetable waste pasta company. Jan spent five years in marketing and sales with Procter & Gamble and holds a master’s degree in business.
Serial entrepreneur with 10+ years in agribusiness and sustainability in Tanzania. Founder of Dark Earth Carbon (biochar for carbon removals) and Upendo, East Africa’s largest organic honey company. Arno holds degrees in Chemistry and Mechanical Engineering and previously spent five years at Baker Hughes.
Serial entrepreneur with 10+ years in agribusiness and sustainability in Tanzania. Founder of Dark Earth Carbon (biochar for carbon removals) and Upendo, East Africa’s largest organic honey company. Arno holds degrees in Chemistry and Mechanical Engineering and previously spent five years at Baker Hughes.
Serial entrepreneur with 10+ years in agribusiness and sustainability in Tanzania. Founder of Dark Earth Carbon (biochar for carbon removals) and Upendo, East Africa’s largest organic honey company. Arno holds degrees in Chemistry and Mechanical Engineering and previously spent five years at Baker Hughes.
Serial entrepreneur with 10+ years in agribusiness and sustainability in Tanzania. Co-founder of Dark Earth Carbon, Upendo Honey, and Tanganyika Blue fish farm. Alex holds degrees in Natural Resource Management and African Development Studies, is a Mulago Foundation fellow. Recognized for leadership in scaling conservation and climate solutions.
Serial entrepreneur with 10+ years in agribusiness and sustainability in Tanzania. Co-founder of Dark Earth Carbon, Upendo Honey, and Tanganyika Blue fish farm. Alex holds degrees in Natural Resource Management and African Development Studies, is a Mulago Foundation fellow. Recognized for leadership in scaling conservation and climate solutions.
Serial entrepreneur with 10+ years in agribusiness and sustainability in Tanzania. Co-founder of Dark Earth Carbon, Upendo Honey, and Tanganyika Blue fish farm. Alex holds degrees in Natural Resource Management and African Development Studies, is a Mulago Foundation fellow. Recognized for leadership in scaling conservation and climate solutions.
Strategic thinker focused on delivering impact in low-income countries through private sector development. Previous employments with BCG and Technoserve. Natasha holds master degrees in Engineering from University College London and Harvard University and a PhD degree from Oxford University.
Strategic thinker focused on delivering impact in low-income countries through private sector development. Previous employments with BCG and Technoserve. Natasha holds master degrees in Engineering from University College London and Harvard University and a PhD degree from Oxford University.
Strategic thinker focused on delivering impact in low-income countries through private sector development. Previous employments with BCG and Technoserve. Natasha holds master degrees in Engineering from University College London and Harvard University and a PhD degree from Oxford University.
Our road map to process
300k tons annually
Our road map to process
300k tons annually
CashewCycle Roadmap
2026

Mtwara, TZ
44k tons
2026

Mtwara, TZ
44k tons
2029

Abidjan, IC
44k tons
2029

Abidjan, IC
44k tons
2032

Bouake, IC
110k tons
2032

Bouake, IC
110k tons
tons of cashew shells
tons of cashew shells
tons of cashew apples
tons of cashew apples
Let’s be the first to make food NetZero
Let’s be the first to make food NetZero
The Netherlands Office
The Netherlands Office
The Netherlands Office
Herengracht 477, Amsterdam (NL)
Mtwara (Tz) factory
Mtwara (Tz) factory
Mtwara (Tz) factory
Maranje Cashew Industrial Park, Mtwara (Tz)
Tanzania back-office
Tanzania back-office
Tanzania back-office
Estate Drive, Dar es Salaam (Tz)