Tanzania’s cashew nuts exports earning plunge 51% amid sector restructuring plans

TANZANIA – Tanzania’s cashew nut exports earnings in the year ending September 2019 declined by 51.4% to US$563.5 million from US$1.16 billion earned in the same period in 2018, a report by the Bank of […]

Nigeria’s agriculture exports decline 11.5% to US$239.32m in three months

NIGERIA – Nigeria’s agricultural goods exports in the first quarter of 2019 dropped by 11.5% from US$270.45 million (N97.3bn) recorded in the fourth quarter of 2018 to 239.32 million (N86.1bn). According to data from the […]

Tanzania to host international conference on cashew nut industry

TANZANIA – Tanzania will be hosting the African Cashew Alliance (ACA) annual conference to be held from 7 to 9 November in Dar es Salaam. The international cashew nut conference is aimed at analysing the […]

Nigerian cashew association lobbys for policies to promote industry

NIGERIA – The National Cashew Association of Nigeria (NCAN) has called for the Federal Government to enact policies that would promote the cashew industry. The president of the association, Mr Ojo Ajanaku, says that it […]

Tanzania to host cashew nuts forum to explore investment opportunities

TANZANIA – The government of Tanzania has announced that it will hold a cashew nuts forum in a bid to explore investment opportunities presented in the value chain. Backed by President Dr. John Pombe Magufuli […]

Ten Senses to construct nut processing facility under Kenya-EU project

KENYA – Ten Senses Fair Company is set to construct a new cashew nut processing factory in Kilifi, coast region of Kenya under the recently unveiled European Union funding in the country’s agro-processing sector. The […]

Tanzania’s annual cashew nut sales shrink 63% to US$196.5m

TANZANIA – Tanzania’s total cashew nut sales on the international market dropped 63% to US$196.5 million in 2018, compared with US$529.6 million in the 2017 trading period. Minister for Finance and Economic planning Phillip Mpango, […]

Chinese firm to invest US$1.48m in new cashew nut processing plant in Tanzaina

TANZANIA – Yalin International, a Chinese firm, has unveiled plans of investing US$1.48 million (Tshs3.4bn) in setting up a new cashew nut processing plant in Tanzania. According to a report by Ipp Media, the plant […]

Vietnamese firm eyes West Africa’s cashew nut market as leading player

WEST AFRICA – T&T Group JSC, a Vietnamese conglomerate has unveiled plans of venturing into West Africa’s cashew nut sector with an aim of consolidating its position as the leading player in the sector ahead […]