BUSINESS NEWS

Cashew Processors Aim for 85,000-Ton Milestone by 2026

The Association of Cashew Processors, Ghana (ACPG), has set a bold target to process 85,000 metric tons of cashew annually by 2026 — a milestone expected to create thousands of jobs, boost farmer incomes, and cement Ghana’s position in the global cashew industry.

The announcement followed a working tour by the ACPG President of cashew processing factories in Ghana’s Middle Belt, covering Techiman, Sunyani, and surrounding areas. The visit provided an opportunity to engage processors, workers, and community leaders on the state of the industry.

Despite its potential, the cashew sector continues to grapple with major obstacles. Processors highlighted issues such as an inconsistent supply of raw cashew nuts (RCN) due to weak farmer–processor linkages, price volatility, high processing costs, limited access to affordable financing, competition from raw nut exports, low adoption of modern processing technology, costly international certification requirements, and weak policy enforcement.

“These hurdles make it difficult for processors to operate at full capacity and to compete globally,” the Association observed.

Speaking during the tour, the ACPG President reaffirmed the Association’s resolve to address these bottlenecks through its newly developed Cashew Framework. The plan outlines interventions to secure raw materials, raise processing standards, and expand domestic and international markets.

“This tour has given us firsthand insight into the pressing needs of our members. ACPG will continue to work with government, farmers, and development partners to ensure processors receive the support required to increase capacity and sustain jobs in Ghana,” the President emphasised.

The Association believes meeting the 85,000-ton annual target by 2026 will not only generate thousands of direct and indirect jobs but also enhance farmer livelihoods and drive Ghana’s ambition to become a leader in value-added cashew production on the global stage.

Related Articles

Back to top button