Browsing: african cashew alliance

• A number of factors are hindering Tanzania’s journey to make cashew its true cash cow.
• Cashew nuts account for an impressive 15 percent of the country’s annual forex earnings.
• Estimates show Tanzania contributes over 20 percent to the continent’s annual cashew nut supply, a remarkable feat by any measure.

Tanzania, a nation adorned with natural beauty and abundant resources, boasts a flourishing cashew nut industry that has long been a cornerstone of its economy.

Accounting for an impressive 15 percent of the country’s annual foreign exchange earnings, the cashew sector is undoubtedly a vital component of Tanzania’s economic landscape. Yet, amidst the lush orchards and the promise of prosperity, lies a story of unrealized potential. There are hurdles that the nation must overcome to harness the true power of its cashew bounty.

Ranked as Africa’s fourth-largest cashew producer, Tanzania contributes over 20 percent to the continent’s annual cashew nut …

Africa is missing out on the wealth of opportunity offered by cashew nuts which have a booming global demand. 

This reality is despite the fact that the continent grows most of the world’s raw cashews. The losses come about because cashew nut producing countries in Africa only process a fraction of them.

Cumulatively, African countries grow more than half the world’s supply but they are not cashing in on the opportunity due to their lack of processing industries.…