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Ghana is set to launch a Cashew Development Project after parliament approved on Wednesday a US $13.3-million loan from the African Development Bank for the project, Ghanaian media reported. The project aims to generate income, diversify the country’s export base, and improve living standards in the main production area, which includes the Northern, Upper West, Brong Ahafo and Central regions.
The project also aims to increase the number of small-scale cashew producers operating in the area from 600 to 500,000 over six years and to support women’s farming initiatives. Portions of the loan would be directed towards research, private-sector farming initiatives and rural infrastructure.
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