In 2005, the Trade Hub co-founded the African Cashew Alliance with private and public sector partners across the industry and around the world. The ACA has brought the industry together leading to a $25 million grant in 2009 from the Bill & Melinda Gates Foundation for the African Cashew Initiative. With $25 million in cash and in-kind contributions from the industry, this $50 million project will increase farmer incomes, increase processing capacity and improve marketing of cashew in world markets.
More than 200 stakeholders have registered for the 6th annual conference of the African Cashew Alliance in Banjul, The Gambia, Sept. 19-22. This year's conference features the first World Cashew Expo, site visits to industry...
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The African Cashew Alliance's 5th Annual Conference will be held in Maputo, Mozambique, September 14-16, 2010.
Don't miss the chance to:
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In 2008, a cashew processing company in Tchaourou, Benin, opened its doors. Today it employs 300 people who are producing about 300 metric tons of cashew...
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The Trade Hub held yet another successful ACA conference, bringing together leaders from the world of cashew.
Mme Kone's enterprise has developed from a 2-person cashew processing activity to a full-blown cashew processing enterprise - in 5 years!
USAID/West Africa grants $146,000 to ACA to improve access to finance for cashew businesses (Press Release, Nov. 10, 2009).
Hundreds of thousands of rural farmers across West Africa earn income selling raw cashew nuts, roughly 90% of which are exported for processing elsewhere. Increasing local processing capacity would create tens of thousands of jobs, produce hundreds of millions of dollars in revenue and increase incomes poor rural farmers.