Cashew Machines Vietnam Ltd.

Looking for Our Events Detail

SIETTA 2018 in Abidjan: A cashew fair for the economic empowerment of young Africans

A cashew fair for the economic empowerment of young Africans (Par Rédaction – 11 juin, 2018)

From November 8 to 10, 2018, Abidjan will be the world capital of processing raw cashew nuts. Côte d’Ivoire plans to repeat the success of the last two editions of the International Cashew Processing Equipment and Technology Exhibition (SIETTA).

The thorny issue of youth employment in Africa invites itself to this economic and commercial meeting. As a matter of fact, “the cashew industry has enormous potential for creating jobs and even opportunities for wealth. If the 711,236 tons of raw nuts produced in 2017 in Côte d’Ivoire were transformed, at least 100,000 jobs would be generated “.

Statement by Bamba Mamadou, PCA of the Cotton and Cashew Council (CCA), during the SIETTA 2018 launch. An industrial unit for cashew nut processing will be showcased and put on sale. A must-attend event for those entering the promising transformation sector.

At the launch, Nigeria’s ambassador to Abidjan, along with representatives from the African Cashew Alliance (ACA) and Competitive Cashew (ComCashew), highlighted Africa’s growing focus on transforming “gray gold.”

For Ivory Coast, the world’s top producer, the stakes are high, as less than 7% of its 711,000 tonnes are processed locally, making local processing a key priority for economic growth and job creation.

The government intends to continue its efforts towards integrated and sustainable development of cashew nuts with a view to increasing its value in order to make the cashew industry attractive to young people and promote rural employment opportunities, “said the Ivorian Minister of Commerce, assuring the interim of his colleague from Industry.

Nothing but transformation.
From its status as the leading exporter of raw nuts with 33% of the world’s supply, the country wants to move to the stage of industrialization of its cashew nut sector. Ivory Coast is not lacking strategies.

Among which, “the introduction of a processing bonus to increase the competitiveness of local units, the reservation of 15% of the volume exported for the 2018 campaign to ensure the supply of existing units with raw materials “, Listed the PCA of the regulatory body.

The country has a program to promote the competitiveness of the cashew sector (PPCA), supported by a $200 million agreement with the World Bank. The Tony Blair Foundation has also expressed interest in promoting the Ivorian cashew industry.

SIETTA next November will therefore give a boost to the process of transformation. In addition to “better understanding the costs and performance of the machines that will be exhibited, it will also create business links between actors in the value chain of the cashew industry,” added Minister Souleymane diarrassouba.

Ivorian authorities are expecting a record attendance at this International Cashew Processing Equipment and Technology Show. It will serve as the framework for the 3rd Council of Ministers meeting of the International Cashew Council (ICCC) and the annual conference of the ACA. The SIETTA of November 2016 has registered more than 12,000 visitors, according to the director of the CCA and general commissioner of the event. Delegations had come from 36 countries.

OSSENE OUATTARA

LAST WORD

The 2018 SIETTA in Abidjan will focus on advancing the cashew nut processing industry, highlighting its potential for job creation and economic growth, with a focus on local transformation and industrialization in Côte d'Ivoire.
Looking for

Other Articles

Participating in events has provided our company with invaluable experiences and insights, forged meaningful connections, enriching our journey and growth in the industry.
CMV, a pioneer in the manufacturing and distribution of cashew processing equipment in Vietnam, is thrilled to announce the launch...
The average export price of cashew nuts in the first 15 days of August increased again, reaching more than 10,000...
John McCain is an unconventional Republican congressman who has a hardline stance and advocates for promoting Vietnam-US relations. His legacy...