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  • 2nd edition of SIETTA: Ms Touré Massogbè and 7 processors receive subsidies

    Nov 17th, 2016

    On November 17, 2016, Premier Daniel Kablan Duncan opened the second edition of the International Exhibition of Equipment and Processing Technologies for Cashew Nuts at the Treichville Cultural Center. This fair is held from 17 to 19 November on the theme: "An industrialization of the cashew nut industry for a new Côte d'Ivoire". Mrs Touré Massogbè, manager of a cashew processing company, received a grant of CFAF 6 million. Seven other processors have also received subsidies for the development of their activities, for a total amount of about 840 million FCFA. In his address, Daniel Kablan Duncan recalled the objective of the Ivorian government for the cashew sector, namely to transform 100% of local production by 2020: "Despite the strong growth observed on the continent, the contribution of production Manufacturing in the creation of wealth and added values ??has unfortunately not evolved, the share of this manufacturing production not exceeding 10%. Faced with this observation, it is imperative for Africa to commit itself resolutely and firmly to the path of its industrialization in order to make better use of its enormous potential ... In this sense, it must work to improve the Productivity of factors of production, the development of human skills and the promotion of a business climate conducive to investment. It must also develop strategies to accelerate its industrialization and the transformation of its raw materials in order to create conditions for strong, sustainable and inclusive growth. In order to accelerate its industrialization, Africa must integrate the promotion of agro-industry in the light of its abundant agricultural resources. As such, cashew is one of the products that we need to develop, given its potential for creating added value, jobs and wealth, and its impact on other industrial sectors, notably packaging , Logistics, and transport ". According to Daniel Kablan Duncan, this exhibition should be an opportunity to take a critical look at the financing of the cashew industry, especially since Côte d'Ivoire is the world's largest producer and exporter of nuts. Cashew with 702. 510 tons in 2015, or 24, 22% of the world supply.

    Establishment of an International Cashew Advisory Council

    On the sidelines of the exhibition, the Ivorian Minister of Industry and Mines, Jean-Claude Brou and his counterparts from Benin, Burkina Faso, Cameroon, Guinea-Conakry, Ghana, Guinea-Bissau and Of Togo set up a body called the International Cashew Advisory Council, with headquarters in Abidjan and the Executive Secretariat by Côte d'Ivoire. The Director-General of the Cotton and Cashew Nut Council, Dr. Adama Coulibaly, thanked all the OEMs who were present, whose number rose from 10 in 2014 to 29 for this second edition. He urged the actors of the cashew nut to "turn to the future by making the transformation of the cashew nut a priority".