Africa’s cashew producers miss out on opportunities due to lack of processing capacity, UNCTAD says

Africa’s cashew producers miss out on opportunities due to lack of processing capacity, UNCTAD says

Africa grows most of the world's raw cashews but only processes a fraction of them, missing out on opportunities offered by rising global demand, according to a report by the United Nations Conference on Trade and Development.

The global market for cashews is booming, but the African countries growing more than half the world's supply aren't cashing in due to their lack of processing industries, the UNCTAD report titled Commodities at a Glance: Special issue on cashew nuts said.

“Countries that grow cashews but don't process them at a significant scale retain