News Agriculture

Côte d’Ivoire to Launch Local Assembly of Cashew Equipment

Côte d’Ivoire to Launch Local Assembly of Cashew Equipment
Monday, 02 June 2025 13:30
  • Cotton and Cashew Council signs 5-year renewable deal with CMV
  • Plan includes local assembly of equipment, spare parts storage, technician training
  • Goal is to process 50% of annual cashew output locally by 2030

Côte d’Ivoire plans to process half of its annual cashew production locally by 2030. To support this goal, the Cotton and Cashew Council signed a five-year renewable partnership on May 30 with Vietnam’s Cashew Machines Vietnam Company Limited (CMV).

The deal covers the creation of an equipment assembly center in Côte d’Ivoire and a spare parts storage hub to ensure uninterrupted factory operations. It also includes training programs for local technicians in machine use and maintenance.

CMV will provide technical support through its 12,000-square-meter industrial site and more than a decade of experience in the sector.

The initiative aims to cut import costs and delays, support local maintenance, and expand technical capacity. It aligns with the national strategy to boost local processing in the cashew industry.

Until the center is operational, companies must continue importing equipment, mainly from Vietnam and India.

Côte d’Ivoire expects a cashew harvest of 1.3 million tons in 2025. It processed 36% of its production last year and ranks third globally after Vietnam and India.

On the same topic
• Côte d’Ivoire opens $56.4M cocoa plant in Divo, adding 36,000-ton capacity.• Aims to process 100% of cocoa locally by 2030; 44% processed in...
• Ghana has set the 2025/2026 cocoa farmgate price at $5,040 per ton, up 62.5% year-on-year.• Cocoa farmers say the new rate still falls short of...
In Africa, transportation can account for up to 45% of the cost of some goods. Most trade is conducted over land, and resolving bottlenecks at border...
• Mauritania signed a $446 million deal to build a large-scale sugar production complex.• The project aims to produce 250,000 tonnes of sugar...
Most Read
01

• Mali seeks $176M via WAEMU bond offering launched July 28, with 7- and 5-year tranches at 6.5...

Mali Launches A Two-Tranche Bond Sale, Targeting $176 Million
02

• Ivory Coast is said to be negotiating a €800M syndicated loan with Standard Chartered and Soc...

Ivory Coast Said in Talks for €800 Million Syndicated Loan to Refinance Debt
03

Located on the southeastern coast of Zanzibar, Jambiani is a coastal village that captivates visitor...

Jambiani: A Fishing Village in a Paradise Setting
04

What seemed like a routine administrative matter has drawn Madagascar into an international controve...

Boeing Jets to Iran: From Malagasy Paper Trail to Questions
05

• Glo launched a network upgrade plan after a 50% telecom tariff hike.• It aims to add 1,000+ 4G sit...

Nigeria's Glo Telecom Launches Network Upgrade After Price Hike
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.