The country is the eighth-largest grower of cashew nuts in the world and ranks fourth in Africa. In the cashew crop 2020/2021, Tanzania Produces 206,718 Tons of Raw Cashews nut (RCN). The production hit a four-year low, lowering the income of farmers from Tanzania cashew farmers.
Is Tanzania planning a cashew nut processing project?
The Tanzania Investment Centre (TIC) says the Government is seeking to establish cashew nut processing projects and industrial parks mainly in Lindi and Mtwara regions. The USAid Hub has supported TIC in drafting a strategy for cashew nut production and processing mainly in Lindi, Mtwara, Tunduru and Pwani.
Why is the cashew nut industry at a crossroads?
The cashew nut industry in Tanzania, one of the top three producers in the World, is at a crossroads. Increasing local production and rising international demand have failed to pull up farmer prices, leading to the Government of Tanzania intervening in the buying and marketing of the produce.
Which country produces the most cashew nut in Africa?
Tanzania is one of the largest cashew growing and producers in Africa, with exports providing 10-15 % of Tanzania’s foreign exchange. The country is the eighth-largest grower of cashew nuts in the world and ranks fourth in Africa. In the cashew crop 2020/2021, Tanzania Produces 206,718 Tons of Raw Cashews nut (RCN).