Togo: Cashew output expected to pass 40,000 tons in 2023

Wednesday, 15 March 2023 18:18
Togo: Cashew output expected to pass 40,000 tons in 2023

(Togo First) - In Togo, the edge-of-field price of cashew nuts for the new campaign is CFA325 per kilogram. The price was announced during the official launch of the campaign in Kara, under the aegis of the Cashew Coordination Committee (CCFA) in collaboration with the Interprofessional Council of the Cashew Sector in Togo (CIFAT).

Before the launch, several interprofessional agreements were inked on March 9, 2023, between the five links of the cashew nut sector.

Evolution of the industry

Togo produced 33,866 tons of cashew nuts in 2022, against 16,000 tons in 2016 (+112%). Over these six years, the crop generated over CFA76 billion and created more than 200,000 jobs. This year, production is expected to reach more than 40,000 tons.

Regarding purchase and sale, the CIFAT took practical measures to better trace the nuts, in line with the laws regulating the cashew sector in Togo.

During the campaign’s launch, the Director General of Private Sector Development, Bilakimwé FEOU, representing the Minister in charge of trade, invited all the actors of the sector to comply with the interprofessional agreements as well as the regulatory texts in force throughout the marketing campaign.

He then revealed that "a device will be put in place to monitor, track and severely punish violators". Moreover, "the government endorses the concerns of the sector's actors, and provisions are being made for structuring investments for the benefit of the different links in the sector with a view to the proper functioning of the cashew industry's management bodies from this year 2023."

Ayi Renaud Dossavi

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