Home West Africa Ivory Coast Cote d’Ivoire: Cashew Boom Draws Global Agro-Industry Giants to Ivory Coast

Cote d’Ivoire: Cashew Boom Draws Global Agro-Industry Giants to Ivory Coast

Cote d’Ivoire: Cashew Boom Draws Global Agro-Industry Giants to Ivory Coast

TLDR

  • Ivory Coast, the world’s top producer of raw cashew nuts, is attracting major international agribusiness investors as it shifts from raw exports to local processing
  • Output is forecast to reach 1.2 million tons in 2025–up from 565,000 tons in 2014–yet only 30% of nuts were processed domestically
  • To accelerate industrialization, the Cotton and Cashew Council (CCA) has offered tax incentives and early purchasing access to processors

Ivory Coast, the world’s top producer of raw cashew nuts,…

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