Africa is home to 57% of the world’s cashews. This $4 billion industry is poised to expand at a double-digit growth rate over the next decade. 4 million cashew farmers in Africa feed their families by harvesting cashews. But the lion’s share of the profit goes elsewhere. 90% of cashews are shipped to Asia to be processed and resold at a markup to the major snack vendors in North America and Europe. An effective monitoring system can be put in place to enable millions of Africans to enjoy the prosperity of their own resources.
Jeremy Holt, CEO of Amberwood Trading, is working to make that happen.
A veteran of the cashew business for over a decade, he is also a self-taught programmer. RavenDB was so easy for him to use; he taught himself using ravendb.net’s learning resources.
He is using RavenDB to create a control system for every stage in each cashew transaction by giving full transparency to every document needed for a cashew sale.
This is aimed at enhancing the trust between buyers and sellers needed to add liquidity to the local cashew markets. This liquidity enables more futures trading that grants more resources to African farmers to expand their operations and capitalize on the double-digit demand growth for cashews worldwide.
Today, RavenDB CEO Oren Eini speaks with Jeremy about how he is using RavenDB in his applications to make a huge difference in the lives of millions of African farmers.