Cashews in Ghana

I think that it is good they are trying to move the processing of cashews into south africa. By doing this they will provide more jobs and stimulate their economy by producing and processing the cashews.

2,4 to 3 dollars a day! Good by local standards...I'm amazed

I think that it is good they are trying to move the processing of cashews into south africa. By doing this they will provide more jobs and stimulate their economy by producing and processing the cashews.

It’s exciting to see the investment of China and India in Africa. Some years ago, when “the west” invested in China, it began to see major production of products that ultimately led to a significant growth of China’s economy and hopefully, the same will be the case for Africa. Africa is place rich with opportunity and it will be interesting to see what role different countries play in the maturation of Africa as a continent.

Its important that other countries do the same as i read at http://www.renewablesb2b.com/ahk_greece/el/portal

This is great for the african economy...they definitely need some help and this really sounds like a very promising development.....africa just needs a lot of outside input and this can boost the economy as well as offer more job opportunities....well done Rajkumar Impex...

That story is as beautiful as the ladies in the photo.

The idea of Africa as a source of raw materials to create jobs the west should end.

Then we will really see the irony of producing the inedible coffee beans, for the optional refreshment of well-fed westerners, instead of edible beans for about 9 million of the landowners threatened who regularly come to the brink of starvation.

It is hardly surprising that Mr. Venkatesan understood this irony very well, as Mr. Gandhi did with regard to home-spun textiles versus unemployment in Lancashire. The fact that he is able to make profits and cut costs at the same time is the result of fair trade and social enterprise.

Keep going, Mr. Venkatesan, and don’t forget to stop by Kenya and, later as she is pacified, Somalia.

This provides a way to break the economic system that was created under imperialism and still, in many ways, continues today. The dependence and monoculture forced upon imperial holdings resulted in countries today that retain monoculture and lack processing capabilities. This problem can be exasperated by free trade agreements. However, this company is doing an excellent job in changing that. I think that those who desire to help the world should focus on fair trade and increasing the processing sector in developing coutnries.

The establishment of this industry in West Africa is definitely a step in the right direction. This will boost the African economy and the standard of living immensely. It is nice to see wise investments being made in countries that actually need the economical support. This is huge in regards to what the future will bring and how Africa will grow to become more economically powerful and recognized amongst global powers.

Hopefully this new nut processing plant will bring some new economic growth to this region of Africa. It is good to see these nuts being processed in the place that they were picked, instead of being shipped halfway across the world to even cheaper labor. It is great to see that they will be employing a majority of women as well. If you empower the mothers, you will empower the families.

This is great news for West Africa. The new plant will generate a better economy and eventually a higher standard of living in the area. Hopefully, Techiman is leading the way for more factories to be built in Africa to manufacture raw materials. How will the opening of this plant effect India and Vietnam? Obviously, on a small scale, the cashew plant in Africa will result in job losses in the shipping and manufacturing of cashews in these other countries. However, economically speaking, this new plant will provide more competition in the market.

Jai Hinduja. After Idi Amin episode, these Asians could be returning in drove to the new opportunities that is Africa.

One rather pleasant datum here is such a high percentage of the labor force are women. I don't speak to feminism but to the demonstrable fact that in developing countries, women save more, invest more (financially) in their children's education, and otherwise are more likely to form future successful ventures.

I hope this is good news for the good people of West-Africa, who have had more than their share of poverty and civil wars. One wonders if the land used for growing the nuts, which are subsequently exported leads to less production of other foodstuffs in Ghana as a whole. I hope not. I have no information to evaluate, whether this could deteriorate the food situation in Ghana, but hope it won´t and that the net result is mostly beneficial. Asians, such as the Indians in this case and the Chinese in many other instances have been much less selfish as it seems than European colonial powers were and have been in their conduct with Sub-Saharan Africa. A widespread building of infrastructure in Africa is witness to that.

Good job Venkatesan Rajkumar !!! Please DO NOT let the government get involved in any part of your co-gen operation! They will turn it into a tax trap for the people. Utilities such as phone, electricity and recently natural gas, were all put into place privately through co-ops by the users themselves throughout ALL of western Canada. The governments then slowly took them over, regulated them, bureaucratized them, de-regulated them, sold them, and on and on we continue. As long as the community company owned them the utility was affordable and even CHEAP.

The fact that Africa grows 40% of the world's cashews but only processes 10% of the crop hearkens back to export monoculture, something that was instituted in the African colonies long ago. It seems very important that Africa should develop their own industry for processing their goods rather than export the raw material and import the finished product. The raw material producer typically winds up the loser in the export monoculture trade off, primarily because of the land required and environmental effects of producing a raw material. To move forward, developing Africa's own processing capacity seems very important in terms of boosting the African economy.

A smiling news as beaming as the two workers pictured.
An example of how an Indian company is introducing technology and providing opportunity to local communities.
The text's gist suggests a win-win formula built up straight from Nature's bounty. Matching production to the demands of discerning consumers everywhere.

The way forward is to move up the value chain by having more processing plants within Africa.

Rajkumar Impex is doing its part to strengthen trade ties between Africa, India and a host of countries worldwide.
I would wish to see Mozambique back to volume production and processing, one of the country's prized exports formerly.

Nuts is it!

This is great to hear!

Now is time to cut import tariffs and discriminatory import regulation, especially on food.

In the midst of a depression, expanding the potential for world trade and economic growth is all the more important - especially of the world's poorest!

Now, forget sanctions against "currency manipulators" - get back to Doha.

This should be embarrasing for Ghanaians. You guys seriously can't open up your own processing plants? I guess Ghanaians are too busy overseas making trades for UBS.

This shows a viable way forward for African nations to deal with the emerging powers. And that is to deal with private firms instead of state owned ones, which will be least interested in any long term development of Africa.

Now everybody knows where the private firms are and where the state monopolies are.

Need I say more ?