Mahama to build ultra-modern cashew factories in Ghana

The interest in cashew cultivation was rekindled with the introduction of H.E. J.J. Rawlings' Economic Recovery Programme (ERP) in 1983, when cashew was identified as one of the major non-traditional crops to be developed as part of Government’s efforts to diversify the country’s export base. The growing demand for plant-based diets and awareness of the health and nutritional advantages of cashew nuts are increasingly driving their consumption worldwide. It is projected that the annual global revenue for cashew will increase to over USD 7 billion by 2025. The cashew value chain brings a wide range of opportunities from production, through processing to the export of raw nuts. These include the production of oil for varnishes, paints, and surface coating. Other products from cashew are milk, juice and medicine. Even the shells of cashew which are most often discarded and wasted, can now be processed into useful oils such as friction modifying materials for brake lining, clutch ...