New ACA Member Highlight: Abbasi Exports Limited
As ACA continues to grow, we would like to take the time to highlight some of our new member companies that make our work possible. This edition, we would like to highlight new ACA member company, Abbasi Exports Ltd. in Tanzania. Abbasi Exports has been in existence and actively involved in the raw cashew nut (RCN) business since 1989. Its mission statement is to be a frontrunner in the RCN in Tanzania. Their role in the value chain is extremely important, especially given the RCN deficiency throughout West Africa.
To achieve their goals, Abbasi has been mainly exporting RCN to India, which remains their main market. They have also been importing Palm Brand Sulphur (a dusting sulphur used on raw cashew nuts plantations to control powdery mildew). Abbasi is confident in their long-term projections for growth and are expecting to increase annual turnover. Their business plans for the future include expansions into other markets and sectors within the cashew value chain.
However, procuring good quality RCN and accessing stable markets are some of the challenges currently being encountered. While West Africa has faced a detrimental and widespread shortage of RCN, similar issues have also challenged East Africa. As a new member of ACA, Abbasi will be able to receive exclusive market information, access expert technical and business advisory services, and most importantly, make important market linkages to other stakeholders in the cashew value chain. As a growing enterprise in East Africa, they are poised to make more connections on the African continent and further the industry as a whole.
Furthermore, under the banner of ACA, Abbasi hopes to one day found its own processing unit in Tanzania to process cashew nuts. ACA is glad to welcome Abbasi into our membership base of over 200 members internationally. With the growth and potential of stakeholders in Africa, such as Abbasi, ACA visualizes a strong and competitive industry throughout the continent.