FILE PHOTO: A woman holds cashew nuts at a warehouse in Abidjan, Ivory Coast, July 12, 2018. REUTERS/ Luc Gnago/File Photo
The African Cashew industry has been described by cashew market experts as the most promising of the global cashew industry. President of the African Cashew Alliance (ACA), Mr. Babatola Faseru, who disclosed this at the ACA’s Global Market Encounter forum to review the Cashew market in 2021, said raw cashew nuts (RCN) production in Africa, is estimated at around 2.1 million tonnes, representing about 57 per cent of global production. ACA estimated Nigeria’s production to be between 210,000 – 250,000 tons this year.
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