Tanzania is the eighth among the largest growers of cashew nut in the world and ranks fourth in Africa. As one of the largest Cashew nut producers in Africa, Tanzania’s cashew nut exports provide 10% to 15% percent of the country's foreign exchange. Main production regions are Mtwara, Lindi, Coast as well as Ruvuma and Tanga. The country provides 20% of Africa's cashew nuts (2012, FAO). Cashew nuts have been grown on a commercial scale in the country since the 1950s, developing infrastructure and lack of jobs in the southern region, as a result cashewnut cultivation was highly favored. The industry almost collapsed in the 1980s. This was largely due to, various government interventions in the harvest, marketing processes and the nationalization of cashew nut processing factories. Also Insufficiency of agricultural inputs and presence of low level of processing to meet critical volumes required in the international markets. Low level of diversification...
Blog: Purposely, created by an Economist and Trade Expert to make empirical analysis and discussion on different economic matters affecting Tanzania, Africa and the World in general. Angela Mpema has Master of Science in International Trade Policy and Trade Law, and She holds Bachelor degree in Economics.