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ACi recieves DAC Prize 2015

ACi recieves DAC Prize 2015

This week the African Cashew Initiative (ACi) received the DAC Prize 2015 awarded by the OECD, The Organisation for Economic Co-operation and Development. As implementing partner of ACI, FairMatch Support and all other actors are grateful for this recognition of our joint work and learning journey for a competitive cashew sector in Africa and worldwide, to the benefit of farmers, processors, workers and all sector actors.

DAC prize AccraACi is amongst the 3 winners (out of 10 finalists, and 43 applicants) and was nominated by the German Federal Ministry of Economic Cooperation and Development (BMZ).

The OECD about the DAC prize:
“More innovative solutions will need to be taken to scale if we are to end poverty, green our economies and to make sure that all the children now going to school actually learn something! We need to look at what works, which innovations are important to focus on and bring to scale. This is the objective of the DAC Prize for Taking Development Innovation to Scale. By the prize we recognise organisations who have taken an innovative approach, instrument or mechanism beyond the pilot phase to wider application. With the DAC Prize, the Development Assistance Committee and the OECD wish to acknowledge development actors who take this step: from supporting innovation, to using it systematically and strategically to address development challenges by taking it to scale. We hope that this will encourage a more systematic use of innovative development solutions that have already proven successful.

The African Cashew Initiative (ACi) was set-up with the vision to increase the annual net income of 430 000 cashew farmers, and to create new jobs and increase the rate of raw cashew nuts processed.
By adopting innovative measures in five countries: Benin, Burkina Faso, Côte d’Ivoire, Ghana and Mozambique, The African Cashew Initiative has addressed the challenges in the cashew sector.
They collaborate with both private and public sector partners, and have created a new innovative type of multi-stakeholder partnership in development cooperation. To accelerate the development of the cashew industry they gave also founded a Cashew Matching Grant Fund – which is a new public-private partnership model to leverage funds.”
ACI prijs DAC

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