{"id":216305,"date":"2016-05-23T11:28:11","date_gmt":"2016-05-23T11:28:11","guid":{"rendered":"http:\/\/citifmonline.com\/?p=216305"},"modified":"2016-05-23T11:28:11","modified_gmt":"2016-05-23T11:28:11","slug":"ivory-coast-now-worlds-biggest-exporter-of-cashew-nuts","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/05\/ivory-coast-now-worlds-biggest-exporter-of-cashew-nuts\/","title":{"rendered":"Ivory Coast now world’s biggest exporter of cashew nuts"},"content":{"rendered":"
The Ivory Coast has overtaken India to become the world’s biggest exporter of cashew nuts.<\/p>\n
This development will bolster President Alassane Ouattara\u2019s efforts to have 100% of the cashew nuts produced in the Ivory Coast processed internally by 2020.<\/p>\n
[contextly_sidebar id=”tZDNYeMTf33L4OWuGr3xF2g7qEr6TT5E”]The road to achieving these goals could mean more jobs and money flowing into the Ivorian economy.<\/p>\n
Ivory Coast is also one of the world’s leading producer of cocoa. The country was recently ranked as the preferred destination for investors in Africa<\/a><\/strong><\/span>.<\/p>\n This trade boost for the Ivory Coast comes a few months after Ghana’s Ministry of Trade and Industry\u00a0suspended a ban<\/a><\/strong><\/span>\u00a0it had placed on exportation of raw cashew nuts after it received intense bashing from Parliament.<\/p>\n The Minister of Trade, Ekow Spio Garbrah said the decision to suspend the ban was mainly influenced by the view that the timing for the move was wrong.<\/p>\n The Ministry earlier explained that the directive banning the cashew nuts exports was an attempt to improve the local\u00a0processing sector.<\/p>\n