Browsing: Cashew nut board of Tanzania

• 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 …

The cashew nut season has just kicked off in Tanzania and the cash crop prospects are considerably getting richer, not only due to past learned experience but also, the strategy put in place by the Tanzanian Ministry of Agriculture.

Cashew nut has been the most foreign currency high earning crop in Tanzania. Available data from the Ministry of Agriculture, show that cashew nut generated over $ 565 million in the previous season 2017/2018, exceeding contributions garnered from cotton, coffee, and minerals.

Tanzania is one of the vital producers of cashew nut in East Africa and the rest of the continent at large, alongside Guinea-Bissau, Nigeria, Kenya and Ivory Coast.

Further, according to a report by Fresh From Kenya, on cashew nut industry overview in Africa (2018), indicated that: in 2011,  Tanzania scored 8^th position on the global scale and 4^th in the continent on cashew nut production output, …