Cashew exports earn Togo close to CFA20 billion annually

Agriculture

Thursday, 21 March 2024 16:33

Cashew exports earn Togo close to CFA20 billion annually

(Togo First) - Togo earns about CFA20 billion per year from exporting cashew and cashew derivatives. Representatives of the sector’s national council, the CIFAT, disclosed the information on March 14, which was the National Cashew Day in Togo.

According to Agridigitale, which quoted the representatives, every year, between CFA17 billion and CFA20 billion are generated through export, thanks to the sector’s 50,000 stakeholders including 31,500 farmers.”

The data was shared in Kpalimé, in the Plateaux region, where the National Cashew Day was celebrated. On the same day, the country launched the sales campaign for its cashew and cashew-derivated products.

Last year, Togo produced close to 40,000 t of cashew (38,880 t), up from 23,000 t in 2019. Observers expect the upward dynamic to be maintained this year.

Ayi Renaud Dossavi

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