Mozambique: Cabo Delgado – Palma inaugurates first cashew nut processing factory

Login

Register

http://www.clubofmozambique.com/

Mozambique: Cabo Delgado – Palma inaugurates first cashew nut processing factory

5:25 CAT | 07 Oct 2024

FILE - For illustration purposes only. [File photo: O Pais]

A new cashew nut processing factory has started operations in the district of Palma, Cabo Delgado province, in northern Mozambique, following improvements in security conditions.

The factory, which represents an investment of around 30 million meticais (approximately US$1.3 million), has the potential to employ 100 people and the capacity to process 1,500 tons of cashew nuts per year.

Inaugurated last week by the governor of Cabo Delgado, Valige Tauabo, the facility is the only one currently operating in the northern part of the province.

“With this, we are creating a market for the largest cashew producers in the province, namely, the districts of Nangade, Mueda, Mocímboa da Praia, Muidumbe, and Palma,” Tauabo said.

According to the governor, “this factory reflects the investment we are making to achieve economic diversification”.

The inauguration of the factory comes at a time when preparations are underway for the
2024-2025 cashew campaign, expected to launch in Cabo Delgado this October.

The governor emphasized that the goal was to strengthen industrialization based on local raw materials, marking a renewed confidence in the region’s recent stabilization.

“The inauguration of this factory is a milestone in the new phase of stabilization and development for Palma, in particular, and Cabo Delgado, in general,” he stated.

Tauabo described the factory as an example of development which “leaves no doubt that Palma is once again open and safe for investment.”

The investment is funded by The Sunshine Approach Foundation, an organization aimed at
making a difference for impoverished communities through the implementation of projects that impact the lives of underprivileged populations.

Source: AIM