President John Dramani Mahama
President John Dramani Mahama has announced plans to establish a Cashew Development Board and a cashew processing factory in the Bono Region, aiming to revitalize Ghana’s cashew industry and boost the local economy.
Speaking during his “Thank You Tour” in Sunyani on Friday, May 30, 2025, the President emphasized the importance of cashew to the region, stating, “Cashew is not just a crop; it is a livelihood for many of our people. It puts food on the table, sends children to school, and drives our rural economy.”
The proposed Cashew Development Board will oversee pricing, regulation, market access, processing, and research within the industry.
Mahama highlighted that the cashew sector has long lacked a structured policy framework, and the board aims to provide the necessary support to farmers and stakeholders.
“Our government will still go ahead to establish the long-awaited Cashew Development Board. This board will oversee pricing, regulation, market access, processing and research in order to give our farmers the brick that they deserve,” he said.
In addition to the board, President Mahama announced a partnership with the private sector to build a cashew processing factory in the Bono Region.
“By processing our cashew locally, we can create jobs and add value and keep more of the wealth within our region,” he said.
These initiatives are part of a broader agenda to industrialize agriculture and strengthen local economies across Ghana.
The announcement has been welcomed by farmers and industry stakeholders, who see it as a significant step toward enhancing the cashew sector’s potential and improving livelihoods in the region.
ID/EB
Watch the latest edition of BizTech below:
Click here to follow the GhanaWeb Business WhatsApp channel
