Togo: Cashew output expected to pass 40,000 tons in 2023

Published 2023년 3월 15일

Tridge summary

The article reports the start of the new cashew nut campaign in Togo, with the announcement of the campaign's edge-of-field price at CFA325 per kilogram. The launch was overseen by the Cashew Coordination Committee (CCFA) and the Interprofessional Council of the Cashew Sector in Togo (CIFAT), following interprofessional agreements aimed at improving traceability in the sector. In 2022, Togo's cashew nut production surged to 33,866 tons, a 112% increase from 2016, generating over CFA76 billion and creating over 200,000 jobs. The government has pledged to enforce interprofessional agreements and regulatory texts throughout the campaign, threatening severe penalties for violators. Plans are also in place to support the sector's structuring and investment, with a focus on improving the management of the cashew industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Togo First) - In Togo, the edge-of-field price of cashew nuts for the new campaign is CFA325 per kilogram. The price was announced during the official launch of the campaign in Kara, under the aegis of the Cashew Coordination Committee (CCFA) in collaboration with the Interprofessional Council of the Cashew Sector in Togo (CIFAT). Before the launch, several interprofessional agreements were inked on March 9, 2023, between the five links of the cashew nut sector. Evolution of the industry Togo produced 33,866 tons of cashew nuts in 2022, against 16,000 tons in 2016 (+112%). Over these six years, the crop generated over CFA76 billion and created more than 200,000 jobs. This year, production is expected to reach more than 40,000 tons. Regarding purchase and sale, the CIFAT took practical measures to better trace the nuts, in line with the laws regulating the cashew sector in Togo. During the campaign’s launch, the Director General of Private Sector Development, Bilakimwé FEOU, ...
Source: Togofirst

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