Guinea Bissau seen doubling cashew output to 300,000 T

Reuters    Translate This Article
20 August 2011

BISSAU (Reuters) - Guinea Bissau, the world's seventh-biggest supplier of cashew nuts, is expected to double production of the cocktail snack this year to about 300,000 tonnes, authorities said on Friday.

Following $3.5 million in financing from the United States, the poor west African nation has been able to improve the quality and output of its top export earner, which brings in about $60 million.

'Guinea Bissau will export about 170,000 tonnes of cashew nuts this year,' trade minister Botche Cande, told a news conference, adding that the rest of the 300,000 tonne output will be processed locally.

Last year, it produced 140,000 tonnes, most of it exported to India.

Cashews are the biggest revenue earner in the nation of 1.6 million people, and the industry employs 250,000 families, mostly through small-scale farming operations.

Its agriculture sector could be hit, however, by drought following its lowest recorded rainfall in the past 40 years.

Guinea Bissau's agriculture minister told another news conference that the country needed an additional 925 millimetres of rain, or it would face shortages in staple foods.

'The late rainfall recorded across the country has affected crop output at the national level, resulting in a significant deficit in cereals, especially rice, corn, millet and sorghum,' minister Barros Bacar Banjai said.

Guinea Bissau, wedged between Guinea and Senegal on West Africa's coast, is among the world's poorest countries and is struggling to contain growing drug trafficking.

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