Ghana Losing GH¢100m Annually for Failing to Process Cashews Locally
Ghana is reported to be losing about GH¢100 million every year for failing to process cashew locally.
Meanwhile, lack of access to cashew nut by local processors has been identified as a major challenge in the cashew industry in Ghana.
Though the country has processing capacity to match production, only seven per cent of its production is processed locally.
The situation is said to be undermining potentials of the industry to transform the local economy through creation of thousands of jobs along the value chain.