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Processing is the way for West Africa to cash in on cashew |
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By Leah Quin
Cashew, originally sown in much of West Africa for reforestation and to prevent soil erosion, continues cultivating export
and earnings potential for the region. Last year, seven West African countries – Benin, Burkina Faso, Cote d’Ivoire, Ghana,
Guinea-Bissau, Nigeria and Senegal – produced over 450,000 metric tons, almost a third of the world’s cashew crop (1.65
million tons), and that percentage is rising.
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FG tasks stakeholders on Cashew development |
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Source: Vanguard May 9, 2008.
ABUJA: As part of moves to move from over dependence on oil to the
non_oil sector in developing the nation’s economy, the Federal
Government on Tuesday urged stakeholders in cashew industry to develop
strategies and realistic road map that will help move the industry
forward.
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Magbema Cashew Nuts Cultivation Intensifies in Sierra Leone |
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Source: Awareness Times May 7, 2008.
The
Administrative Manager of the Magbema Cashew Farmers Association (MCFA)
KAM CASHEW Enterprise Mr. Agustine Y Sesay has revealed that his
organization is basically engaged in the cultivation of Cashew nuts
nationwide. He made this disclosure on Tuesday 6th May 2008 at his Tower Hill Office in Freetown.
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Cashew Review: Steady market ahead |
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Source: Commodity Online, April 27, 2008
There was some more activity in the cashew market this week, mainly with USA but some sales to Europe and other markets as well.
But there was hardly any change in prices - business was done for W240
between 3.15 and 3.20, W320 from 2.90 to 3.00, W450 around 2.75 FOB.
Most of the business was for nearbys but there were some sales upto
Aug/Sep as well. Activity with Vietnam seems to be very limited - until
pending issues are resolved and shipments pick up, new business is
likely to be slow.
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Mozambique addresses cashew industry challenges as it seeks to expand in 2008 |
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By Carlos Costa, President of ACA
Mozambique is addressing many challenges as it seeks to
produce more and better raw cashew nuts, and catch up with other African
countries—especially in West Africa, currently
the leading producer on the continent.
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Cashew News 
