Producing countries in Africa strive to increase cashew nut production and export
Update: 2022-03-02
Description
As the leading cashew nut producing region in the world, Africa is making efforts to increase production of processed cashew nuts. However, Africa’s cashew industry is challenged by low-value addition. In Tanzania, lack of cashew processing leads to huge losses. In that situation, a US backed project plans to help invest about $60 million in West Africa’s cashew nut industry as part of a goal to boost local processing. Ivory Coast also announces a 20 million USD aid plan. Thanks to good weather, cashew output in Nigerias has seen rising 20%.
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