Producing countries in Africa strive to increase cashew nut production and export

As the leading cashew nut producing region in the world, Africa is making efforts to increase production of processed cashew nuts. However, Africa’s cashew industry is challenged by low-value addition. In Tanzania, lack of cashew processing leads to huge losses. In that situation, a US backed project plans to help invest about $60 million in West Africa’s cashew nut industry as part of a goal to boost local processing. Ivory Coast also announces a 20 million USD aid plan. Thanks to good weather, cashew output in Nigerias has seen rising 20%.