Ghana wants more for its cashews, but it's a tough nut to crack

Published On Feb 4, 2025, 7:00 PM

The BBC News article discusses the challenges faced by Ghana's cashew nut industry, which is the world's third-largest exporter of unprocessed cashews. Local producers struggle with unreliable supply chains, high-interest loans, and limited processing capabilities. Despite the low prices paid to farmers for raw cashews, the retail markup in markets is significant. Efforts are underway to increase domestic processing, but hurdles such as access to capital, infrastructure, and market reach remain. An entrepreneur, Mildred Akotia, shows promise in processing cashews efficiently, highlighting a potential shift towards value-added products. Economic experts stress the importance of developing both local consumption and international market access for processed products to enhance revenue.