Zambia: Firm Seeks to Revamp Cashew Industry

Western Cashew Nut Industries is discussing with Development Bank of Zambia and the Ministry of Agriculture and Livestock on the possibility to finance the 22 million Zambian kwecha required to invest in the multi-million cashew plantation project. Company managing director Moses Shimbilimbili said over 200 farmers have been engaged to cultivate cashew trees under the out-grower schemes. This will result in 14,000 metric tons of cashew nut trees being harvested to generate over 130 million Zambian kwecha annually. To read more, please visit the Fresh Plaza site here.