"Raw Cashew Nut (RCN) imports declined during the first quarter of the current fiscal due to rise in prices in the West African growing countries.
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The latest news from the African cashew industry.
"Ivory Coast's 2015 cashew nut crop jumped by 11 percent to a record 625,000 tonnes compared with the previous year, the West African nation's government said on Monday." For more information please vist Reuters.com.
read moreCashew nut processors in Tanzania have asked the goverment to increase economic support to the processing industry by addressing critical challenges. During a stakeholders meeting in Tanzania, the Processing Manager of the Cashewnut Board of Tanzania, Mr. Simuli Yahaya, spoke of issues such as lack of processing equipment, driers, and shelling and packaging machines. Tanzania is the third...
read more"Ghana’s annual revenue from exporting raw cashew nuts is estimated at 56 million dollars, Mr Joseph Yeung, Managing Director of the Mim Cashew Processing Company, has revealed." To read more please visit The Ghanaweb site.
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“To the Ivoirian economy, the cashew boom presents an unexpected but welcome opportunity to diversify agricultural exports beyond cocoa beans and rubber. It will also help develop the country’s agro-industry. However, to realise its full potential, Côte d’Ivoire has to process and add value to its raw cashews. While the country…” read...
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A Message from the ACA President:
Thank you for your continued interest and support for the African Cashew Alliance. As an active stakeholder in the African cashew industry, we would like to share with you that Mr. Roger Brou has transitioned out of his post as the ACA Managing Director as of May 31, 2015. He began serving in this role in August 2013...
read more"The price of raw cashew nuts [in Ghana] has soared to an all time high of 4 GHS/kg on the local market after seeing a quantum leap in price in less than 18 months, putting a smile on the faces of farmers who are grappling to meet demand [...] The steep spike in price of the commodity has been attributed to high demand for the product, with supply unable to keep pace." To read more,...
read more"A 'one-stop-shop' to facilitate bureaucratic procedures for cashew exports started operating in Guinea-Bissau on Monday, under the responsibility of the Ministry of Trade, Industry, and Crafts.
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