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.
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...
BNP Paribas entered exclusive preliminary talks with Holmarcom to sell its 67% stake in BMCI. Holmarcom already owns 2.41% of BMCI and acquired...
Burkina Faso and Morocco signed 12 legal instruments during the fifth session of their Joint Cooperation Commission. The agreements span key...
Côte d’Ivoire launches fourth PNSAR to boost youth employability Programme targets 152,237 youths with $47 million budget Internships,...
Mauritius will require foreign digital service providers to charge and remit 15% VAT from 1 January 2026. Companies earning more than MUR 3...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...