A new player making waves in the massive US market, Tanzania, which has been processing cashew nuts for years, is now actively exporting to the US, opening the door for future shipments. This move not only signifies a breakthrough for Tanzania’s farming industry, but it also highlights a significant shift in the global cashew nut market. So, whether you’re a nut lover or a savvy businessperson, you won’t want to miss out on the exciting developments happening in Tanzania’s cashew industry.
Tanzanian Cashews Entered the United States Market
Tanzania has officially entered the United States cashew nut market by successfully exporting an eight-tonne air cargo of processed cashew nuts to New Orleans, Louisiana. This historic shipment serves as a significant breakthrough for Ward Holdings Tanzania Limited (WTH), a subsidiary of Ward Holdings International, a Michigan-based global market development and investment company. The landmark event was witnessed by Tanzanian Agriculture Deputy Minister, Mr. Anthony Mavunde, at the Julius Nyerere International Airport (JNIA) Export Cargo Terminal.
WHT President, Mr. Godfrey Simbeye, described the occasion as a “historic moment of cashew nuts grown, harvested and consumer-packaged in Tanzania being exported directly for the first time from farmers in Tanzania to the US marketplace. It is a win-win formula for Tanzanian farmers and American consumers.”
Tanzanians-Gov Want to Process 60% Raw Cashew Nuts Locally by 2025
The shipment is in line with the Tanzanian government’s plan to have 60% of its raw cashew nuts locally processed by 2025. Speaking at the Julius Nyerere International Airport (JNIA) Export Cargo Terminal, Agriculture Deputy Minister, Mr. Anthony Mavunde, acknowledged and commended Ward Holdings Tanzania Limited’s effort in achieving this milestone. He added that this move would increase job opportunities for Tanzania’s youth through the growth of new industries.
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“This is a true testament to the excellence of Tanzanian products in the global market. It is heartening to witness WTH taking the lead in expanding the horizons of our local industries,” Mavunde said. The success of this shipment serves as a significant step towards the Tanzanian government’s goal of having 60 percent of the country’s cashew nuts processed locally by 2025. The realized endeavor of WTH will pave the way for more local companies to enter the global market, subsequently boosting Tanzania’s economy.
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