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Chủ Nhật, 2 tháng 4, 2017

Cashew industry needs urgent revival

Cashew, one of the country’s foremost non-traditional exports, is facing plummeting fortunes after suffering long years of neglect, resulting in it recording a negative 17.5 percent growth in 2014.

The cashew industry, the African Cashew Alliance said, requires urgent attention to save it from imminent collapse, which would throw thousands of farmers and others whose livelihoods depends on the crop.

The Alliance, which promotes the production and processing of cashew, noted that the sector is in dire distress due to lack of favourable policies, sound credit rates, and inability of local production to match processing capacity.

“A lot of cashew processing factories have closed down. Out of the ten processing factories that were there up to the beginning of last year, only two of them are still operating,” said Ernest Mintah, interim Managing Director of the ACA.

Mr. Mintah made this appeal in Accra, at a forum for the Africa cashew sector, organised by ACA as part of a series of meetings to discuss issues affecting the sector.

As a result of the situation, thousands of people have also lost their jobs. A cashew processing factory with a 1,000metric ton capacity, typically employs about 300 hands, and it is understood that as many as close to 5,000 Ghanaians have been affected by the closure of the factories.

“So, imagine a factory that has about 30,000 metric tons capacity. A lot of these jobs have gone down the drain. So, the government should see it as an urgent issue,” he said.

Last year, he added, the government started some effort to regularise the industry by introducing policies, but these policies, he added: “were not well formulated.”

“It was also the case that there wasn’t sufficient consultation among the stakeholders of the sector before introducing the policies; and as a result, they had to withdraw this policy from operation.”

The Chief Director of Crop Services at the Ministry of Food and Agriculture, Seth Osei Akoto, who has been championing the course of cashew, also called for more efforts to support the development of the sector.

“There is the need for us, as a country, to do more so that we can have enough raw nuts to feed the processing factories that are collapsing,” he said.

He added: “We need to expand the production base, which of course, we can because we have a comparative advantage; we have mapped about 66 districts we can successfully implement cashew programmes all over. But there is a challenge and the challenge is that we are not putting in a lot of resources into the sector to enable us to expand production base.”

Other challenges facing the cashew industry, he added, include inadequate planting materials and lack of streamlining.

Source: http://www.ghanaweb.com/

Webster Limited expands Australian walnut production with 250ha addition

One of Australia’s biggest walnut producer, Webster Limited, has expanded its nut portfolio with another 250-hectare acquisition in southern NSW.

Webster, which has been beefing up its nut and broadacre irrigation operations in the Riverina for the past few years, paid $10 million cash for the “Motspur Park” orchard, to be topped up with a share allocation to the vendors worth about $13.1m. 

Webster produces about 90 per cent of Australia’s walnut crop from about 2000ha of orchards in Tasmania and NSW, with a further 900ha of young  Riverina plantings set to produce their first harvest next year.

After last financial year’s property expansion push and consolidation, including a writedown of about $96.6m in asset valuations, Webster recently posted a $4.1m after tax statutory net profit for the six months to December 31 –  rebounding from last year’s $97m loss. While sales revenue was down 6pc to $53.2m, the company reported a $5.4m profit from water entitlement sales.

Source: http://www.freshplaza.com

Burkina Faso: AfDB unlock 3.3 billion CFA francs to support the cashew sector

The African Development Bank will release an envelope consisting of a loan and a grant, a total of about 3.3 billion CFA francs to support project financing for the development of cashew in the Comoé Basin as well as reducing emissions from deforestation and forest  degradation (PADA / REDD-plus). The agreement on the financing was signed last Friday by Antoinette Batumubwira, resident representative of ADB, Burkina Faso, and Hadizatou Rosine Coulibaly (pictured), the Burkinabe Minister of Finance. Over a period of 5 years, the project mainly aims to contribute to poverty reduction in rural areas, to reducing greenhouse gas emissions based on carbon storage capacity of cashew . It concerns the Cascades, Hauts-Bassins and South-West of Burkina Faso, located in the basin of the Comoé. Its total cost is about 6.4 billion CFA francs. To recall, the ADB is not his first support Burkinabe cashew sector. The financial institution had already approved in February, a loan and a grant totaling $ 5.4 million under the PADA / REDD-plus.

Source: http://www.agenceecofin.com/aide-au-developpement/2703-46060-burkina-faso-la-bad-debloquera-3-3-milliards-de-fcfa-en-appui-a-la-filiere-anacarde

Cashew farmers target $650m annual income


CASHEW farmers in Nigeria are working on a four-year plan to earn $650 million annual income from export of the commodity. The country earned $253 million income from cashew exports in 2015. In order to achieve their target, the farmers intend to cultivate more land with a view to boosting exports to about 500,000 metric tons a year to raise annual earnings to $650 million.

Tola Faseru, President of the Nigerian Cashew Association, told Bloomberg in an interview, that with about 160,000 hectares (395,000 acres) of land producing about 150,000 tons a year, farmers are seeking to bring an additional 340,000 hectares into cultivation to achieve industry targets. This, according to him, should raise annual export income from the product to at least $650 million from the $253 million earned in 2015.

Nigeria exports more than 80 percent of its cashew output, mostly as raw kernels, with about 60 percent of last year’s shipments going to Vietnam, according to the cashew association. “Virtually all the states in the country have the potential to grow cashew. Our sights are even beyond the 2020 target” as they seek to make cashew one of the country’s biggest exports,” Faseru said. Cashew is among 13 products identified by the Buhari administration under its national strategic plan to expand agricultural export income and end economic woes that made 2016 the first year of growth contraction since 1991 following the collapse of the price of oil, the country’s main export.

Nigeria is Africa’s sixth-biggest producer, ranked behind Ivory Coast, Tanzania, Burkina Faso, Ghana and Mozambique, according to the association. An output of 500,000 tons would make Nigeria Africa’s second-biggest producer. Global demand for cashew nuts has surged 53 percent since 2010, outstripping production in at least four of the past seven years, according to the Reus, Spain-based International Nut and Dried Fruit Council. India is the leading producer with 1.73 million tons of kernels in the 2015-16 season, followed by Ivory Coast with 1.7 million tons and Vietnam with 1.1 million tons as global production rose 3 percent from previous season to 7.4 million tons, according to the council.

Source: http://www.vanguardngr.com

Africa Cashew Alliance says cashew holds Ghana’s future

Mr Sunil Dahiya, Chief Business Officer of the Africa Cashew Alliance (ACA), says Ghana must look into strengthening its cashew industry to replace cocoa as the effects of climate change advances in the future. He said climate effects were so profound such that the planet would not be able to cool off in a few years even if activities that contribute to climate change were stopped. Mr Dahiya said climate change should be a red alert for governments who relied on cocoa production, as it would not be able to thrive in increased temperatures. It is, therefore, important for Ghana, and Africa, to look at alternative crops that would be better able to thrive in the environment that will result from increasing effects of climate change such as cashews and start creating awareness.

Speaking at a Cashew Stakeholders’ Forum organised by the African Cashew Alliance and hosted by the Ministry of Food and Agriculture, Mr Dahiya said the cashew sector held tremendous potential for foreign exchange earnings, as well as job creation for Africa through value addition and needed to be prioritised by governments in Africa, including Ghana. Mr Dahiya noted that a reduction in the export of raw cashew would contribute to reducing the carbon foot-print in Africa by 200 per cent since cashews would no longer have to be sent via air or freight to India or Brazil for processing, causing pollution. He said although Africa currently produced about 55 per cent of the world crop of cashew nuts, with the rest coming from India, Brazil and Vietnam, among others. Ghana’s cashew industry has great demand for raw materials but production was not high enough to meet the growing local and external demand.

Although data on production numbers in Ghana are conflicting, it is currently below 60,000 tonnes per annum. “It is certainly a matter of prioritisation, in terms of what comes first,” he said. Mr Dahiya said although production needed to be increased, value addition was the way to go as export of value added products would earn the country more income than export of raw materials. He said out of the 12 cashew processing factories that were installed in Ghana currently, only two were functioning due to the difficult business environment in the country. “Only the international ones with cheap financing from outside are able to operate to full capacity but the locals are really struggling to continue and if they continue they will make losses so they have decided to put it on hold till the environment improves.”
Mr Dayiha said while previous governments had done well to attract some investment into the sector for the establishment of the factories, it was not enough. There was the need for reasonably priced utilities like electricity, prioritised access to the raw materials by processors and trained personnel for the factories. “There is no one solution, there is a parallel solution to get the ultimate solution. Government first have to start providing attention to the sector, with true political will. The also increase production and find ways of improving value addition,” he stated.

The forum, which included participants involved in production, marketing, processing and export of cashew, was to develop a 10-year vision for the sector covering 2017 to 2027. Key elements for the vision, suggested by the stakeholders included value addition, diversified markets, increased production and processing, government engagement, training, sustainability and improved competitiveness of African Cashews among others.  Mr Ernest Mintah, Managing Director of ACA said the vision, when finalised, would help align stakeholders’ objectives and efforts as well as clarify their roles in the attainment of the vision in order to accelerate the growth of the sector.

Source:http://www.ghananewsagency.org/

Nigeria: Cashew Nuts: The Untapped Goldmine

Cashew in its employment and commercial value to the nation has been under utilised as being reported  by, SAM EGWU in the piece, a gold mine not fully tapped,  looks at the possible ways to put cashew into proper value chain Cashew nut harvest season has come again and some cashew farmers in Kogi State said they are happy with the rate at which cashew nut is selling at the international market, as their lives had become better since more emphasis has been put on the value of the nut. Agriculture has been one of the main sources of income the nation has relied on before the sudden advent of oil in the late 80s. For all intent and purpose, diversification of the economy is the only solution to the clamouring for monoculture which has time limit.

Before the advent of oil, Nigeria depended on agriculture separated to cotton, groundnut, hide and skin, palm oil, cocoa for the sustenance of the people, so falling back on agriculture is a welcome development The record achievement of cashew in moving some farmers from economic quagmire to to the limelight, has made several people to put more emphasis in making sure the cashew is properly addressed for more people to benefit.  A cashew farmer, Mr Adah Ochai said he was able to commence building of his family house with the sales he recorded from the 2016 cashew season.

Adah who had been basking in the euphoria of cashew business for more than four years, stated this in Lokoja while speaking with our reporter stressing he never made profit from selling cashew nut like what he made last year. However, he stated, the government should look inward to establish a cashew processing machines in the state to engage some few idle hands. Adah further stated “Last year 2016 cashew season was really good for me and many others in my area that has informed the decision to start early preparation this year, stressing, “cashew farmers from Igalamela/Odolu local government made it really good last year”. James Olowo stated that most of those boys who have constituted nusiance to the city have virtually relocated to the communities where cashew has been in vogue.

Adah who urged the state government to enforce the law banning bush burning to avoid degradation of the soil stated that some unscrupulous elements in the society take delight in causing untold hardship especially now that all attention has shifted to farming. Mr Adah however called on Federal and State government to synergies effort to ensure that cashew processing machines are established in Kogi State. Available statistics have shown that Nigeria is to attain production of 500,000 cashew nuts in the next four years through mechanized farming and standardization of product plan being put in place by government and private investors.

A seasoned expert in the business of cashew over the years, Mr Stephen Ahiaba, the Managing Director, St. Ahiaba Global Resources disclosed this at a meeting of Kogi Agricultural Vision Group (AVG) and the Agricultural Innovative Group (AIG)organised by Synergos Nigeria in Lokoja. Ahiaba said the country through smallholder farmers was presently producing 60,000 metric tons annually adding that the level was going to change with the planned mechanisation and market information available to the farmers presently. “With the market information and negotiation done between 2014 and 2016, we need to upscale production now that agriculture is business through mechanisation plan that will increase production of cashew nuts to 500,000 metric tons in the next four years”. He said that his company in partnership with Technoserve, an international NGO on cashew value chain and Kogi State Government, had introduced Cashew Enhancement Project to build the capacity of cashew farmers. The project, according to him, aims to impact on the inputs, including land development, production, post-harvest handling, standardization, processing and marketing to help rural farmers attain the best agronomical practices. The project had so far impacted on the cashew value chain with the current cashew price adding, “cashew nuts price has grown from average of N7,000 per bag in 2014 to N50,000 in 2017.”

He said that the project also aimed at producing for export as the commodity was now a major source of foreign exchange in many countries with high quality and optimal production.  According to the director,

India is doing over 700,000 metric tons annually while Brazil with 500,000 metric tons has developed what is called Brazilian Zobo, a variety higher than what we have here. “Mozambique is doing above 400,000 metric tons while Ghana is slightly above 300,000. So, Nigeria has to upscale production. We have the resources to do so and we are going to do so”, he said. 

Director-General, Kogi Bureau of Public


Private Partnership (BPPP) said the state government would partner private initiatives in its effort to make agriculture business for the enhanced welfare of farmers. The major snag envisaged in attaining high yielding interest of cashew to the people, and low income generation for the country is the inability to harmonise the potentials accruable from the cashew.

Mr Victor Adejoh, Synergos Nigeria, Team Lead in the state said Syngergos under the aegis of State Partnership for Agriculture (SPA) with the AVG and the (AIG) was looking forward to more so of such collaborations for enhance agricultural production in the country.
Mr Stephen Ahiaba, chairman, Kogi chapter of Cashew Producers Association of Nigeria said that about 500,000 metric tons of cashew apples/fruits worth N50 billion rot away annually in Kogi. Ahiaba who made the startling revelation in an interview with the LEADERSHIP in Lokoja attributed the waste to non-availability of the technology to process the juice from the cashew fruits to derive its health value.

“About 500,000 metric tons of cashew apples rot away on the farms in Kogi State due to lack of technology. There are ample commercial value attached to the cashew apple awaiting to be tapped. The Managing Director said the company imported the technology for cashew juice processing into Nigeria for the first time”, until an indigenous agro-products processing outfit, ST Ahiaba Global Resources Limited decided to delve into the business he said. He hinted that the processing factory, cited in Egume, Dekina Local Government of the state, was in partnership with an international agro-based NGO, Techno-Serve, based in Washington DC to process the juice for consumption.

The juice, branded “Relish Natural Juice”, according to him, is 100 per cent cashew juice without water and additives adding, “What we do is purification and standard packaging and it has two-year shelf-life.” Ahiaba revealed that the company had approached the National Agency for Food and Drug Administration and Control (NAFDAC) for certification, saying, “The Agency described the juice as a wonderful product after laboratory analysis.” The self styled farmer said that the organization was into cashew business to improve the value chain adding that the residue from processed apples could be converted to animal feeds.

He further explained that in collaboration with the state government, his industry had embarked on cashew inspection and grading for global standardization, recalling that “in 2014, a bag of cashew nuts cost N7,000 but in 2017, it costs N50,000.” The Managing Director urged the State Government to accord the cashew industry utmost attention saying, “Kogi stands to benefit a lot if we create necessary attention for the cashew industry.”
Part of the vision, he asserted, was to enable “rural farmers borrow ideas from our physical, good agronomic practices because we have introduced cashew enhancement project to develop cashew value chain.”

Director-General, Kogi Bureau of Public Private Partnership (BPPP) , Mr Robert Achanya told our reporter in Lokoja that the state had concluded plans to put in place, a strategic data management system to facilitate its agricultural transformation agenda.

He said that for more than 25 years of its inexistence, Kogi could not boast of reliable data pool to plan its development adding that there was no way a state could develop without data-based planning. ‘The BPPP strategy in the agriculture sector is to find how we can support or contribute to government wanting to make agriculture a business and not just farming for farming sake.

Source: https://leadership.ng/news/578862/cashew-nuts-the-untapped-goldmine

Burkina Faso: New AfDB support for the sector cashew

The African Development Bank (ADB) will provide a loan of 2.28 billion francs CFA to the government of Burkina Faso in the project to support the development of the sector of cashew in the basin of the Caloé. Accounting for REDD +, it is the third AfDB assistance to the sector.

A donation of MoU and Loan was signed on Friday between the finance minister of Burkina Faso Hadizatou Rosine Coulibaly and Antoinette Batumubwira, resident Representative of the African Development Bank (ADB) in Burkina Faso. The multilateral financial institution will provide a loan of 2.28 billion CFA francs in Ouagadougou to promote the cashew sector in the Caloé basin. The funding is part of the REDD + program (PADA / REDD) through which the government had initiated a project to support the development of cashew in the area, and who needed financial support. According Hadizatou Rosine Coulibaly, the project whose date for implementation runs until 2022, is twofold.

Contributing to the reduction of poverty in rural areas, to reduce deforestation and reducing emissions of greenhouse gases, the cashew tree is a carbon management capacity plant. " Considered as a forest species to fight against erosion and desertification, cashew is now recognized to have economic opportunities for different rural stakeholders  ," FAO said in a study of the cashew sector in Burkina Faso. According to the study, the importance of the die cashew in Burkina Faso's economy is well established.

The cultivation of cashew brought a lot to the economy over the past four years when aware of its importance, the government is enabled to reorganize the sector.
A significant economic impact 1,000 hectares of orchards project 'cashew' 'initiated by the government of Burkina Faso in 1980, today the country is 80,000 hectares. Taking the example of neighboring Ivory Coast, Burkina Faso was able to obtain rapid and significant production after a break in 1990. To date, Ouagadougou converts 5% of its production and exports the rest to India, Vietnam, Brazil through Abidjan (Côte d'Ivoire) and Tema (Ghana); and allows more than 45,000 households to derive income. A strong argument has always advocated for the ADB's interest in the sector.

Recently, the financial institution said it had supported the Burkina Faso at a rate of 5.4 million on a project whose objective is the planting of 25,000 ha of cashew agroforestry, upgrading and construction of 10 cashew processing plants and mango, the development of 10 firing and shelling centers for women, coaching 540 farmers / producers. Besides this, the Burkinabe authorities had already obtained in January 2017, with the support of ADB, a loan in the amount of $ 4 million the Forest Investment Program Climate Investment Funds (CIF). This makes a big investment package for the sole subsidiary of cashew. It must be concluded that it carries a lot of hope.