**

Dekel Agri-Vision Announces Revolutionary Cashew Processing Upgrade: A Step-Change for West African Agriculture

Dekel Agri-Vision PLC (DKL:LSE), a leading agricultural company focused on sustainable and ethical agricultural production in West Africa, has announced a significant upgrade to its cashew processing operations in Côte d'Ivoire. This represents a major step-change for the company, promising increased efficiency, higher-quality output, and a significant boost to the local economy. The announcement sent ripples through the agricultural investment sector, highlighting the growing interest in sustainable and ethically sourced agricultural products.

A Game-Changer for Cashew Processing in Côte d'Ivoire

The upgrade focuses on implementing cutting-edge technology and optimizing existing infrastructure. This includes the installation of new, state-of-the-art cashew processing equipment, specifically designed to enhance the efficiency of the entire value chain. This commitment to technological advancement positions Dekel Agri-Vision as a leader in sustainable cashew production, setting a new benchmark for the industry in West Africa. The company's focus on sustainable agriculture practices, including fair-trade principles and environmental protection, further strengthens its market position.

Key Improvements in the Upgraded Cashew Operation:

• Increased Processing Capacity: The new equipment significantly increases the volume of cashews processed daily, translating to higher production output and increased revenue for the company. This surge in capacity directly impacts the financial performance and overall profitability of Dekel Agri-Vision.
• Enhanced Quality Control: The advanced technology allows for more precise quality control throughout the processing phase. This results in a higher percentage of premium-grade cashews, commanding a higher price in the global market and maximizing profitability. The improved quality also enhances brand reputation.
• Reduced Waste and Improved Efficiency: The optimized processes minimize waste and improve the overall efficiency of the operation. This translates to cost savings and a more sustainable approach to resource management, vital for environmentally conscious consumers and investors.
• Improved Working Conditions: The modernization initiative incorporates improvements to working conditions for employees, ensuring a safer and more efficient work environment. This commitment to employee welfare reflects Dekel Agri-Vision's dedication to responsible business practices.
• Local Economic Impact: The upgrade creates new employment opportunities within the local community, contributing to the overall economic development of Côte d'Ivoire. This positive social impact enhances Dekel Agri-Vision's corporate social responsibility (CSR) profile.

The Growing Demand for Sustainable Cashews

The global demand for sustainably produced cashews is rapidly growing. Consumers are increasingly aware of the environmental and social impact of their purchasing decisions, leading to a preference for ethically sourced products. Dekel Agri-Vision's commitment to sustainable agriculture aligns perfectly with this growing trend, providing a competitive advantage in the global market. The company’s focus on traceability and transparency further adds to the appeal of its products.

Key Drivers for the Growth of the Cashew Market:

• Health-Conscious Consumers: Cashews are recognized as a healthy snack, rich in nutrients and antioxidants. This fuels demand, particularly among health-conscious consumers.
• Increased Demand from Emerging Markets: Developing economies are experiencing increased demand for cashew products, driving global market expansion.
• Growing Popularity of Plant-Based Diets: Cashews are increasingly used in vegan and plant-based products, benefiting from the popularity of these dietary choices.
• Rising Disposable Incomes: Increased disposable incomes in various regions contribute to increased consumption of premium food products, including cashews.

Financial Implications and Future Outlook for Dekel Agri-Vision

This upgrade represents a significant investment for Dekel Agri-Vision, but the anticipated returns are substantial. The projected increase in production volume, improved quality, and enhanced efficiency will directly contribute to improved financial performance. Analysts predict a significant boost in revenue and profitability in the coming years.

The company's commitment to innovation and sustainability positions it favorably for continued growth in the dynamic agricultural sector. This step-change demonstrates Dekel Agri-Vision’s long-term vision and its ability to adapt to the evolving needs of the market. Their strategic focus on West African agriculture showcases the potential for sustainable and profitable ventures in the region.

Positive Indicators for Investors:

• Enhanced Profitability: Increased production and higher quality cashews translate to improved profit margins.
• Strong Market Position: The upgrade strengthens Dekel Agri-Vision’s competitive position within the global cashew market.
• Sustainable Growth: The focus on sustainable practices ensures long-term viability and growth potential.
• Ethical Sourcing: The company's commitment to ethical sourcing appeals to investors with ESG (Environmental, Social, and Governance) considerations.

The upgrade to Dekel Agri-Vision’s cashew processing operations is more than just a technological advancement; it’s a testament to the company's commitment to sustainable and ethical agriculture, delivering significant positive impact for both the company and the West African community. This strategic move promises a brighter future for the company and underscores the potential for sustainable growth in the rapidly expanding global cashew market. The improvements resonate with investor demand for sustainable and ethically produced goods, solidifying Dekel Agri-Vision's position as a leader in the industry.