Côte d’Ivoire aims to process 80% of cashew nuts locally by 2030
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President Alassane Ouattara of Côte d’Ivoire spoke at a World Trade Organization conference in Geneva, Switzerland, about the need for developing nations to restructure their economies. He highlighted Côte d’Ivoire's strategy to move beyond exporting raw materials by processing them domestically to capture more value.
The government has already increased the local processing of cacao to 41% for the 2024-2025 campaign.
Ouattara stated that the next step involves producing finished goods like chocolate and food products to create more jobs and economic value. Côte d’Ivoire is also focusing on cashew nuts, which saw local processing rise to about 43% from just 2% in 2012. The administration plans to reach a minimum of 80% local transformation for cashew nuts by 2030. This goal includes improving product quality, company productivity, and market access while strengthening ties between producers and small and medium enterprises.
