Africa Must Stop Exporting Its Cashew Wealth

Africa Must Stop Exporting Its Cashew Wealth

Africa’s cashew story presents a familiar and uncomfortable picture. The continent produces a large share of the world’s raw cashew nuts, yet much of the real economic value is created after the crop leaves African shores. That cannot continue if the continent is serious about industrialisation, job creation and economic transformation. The call by the…

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Africa Must Stop Exporting Its Cashew Wealth

Africa: Stop Exporting Poverty – U.S. Investor Challenges Africa to Industrialise

United States-based investor Dr. Farzam Kalambadi, President of Future Trends Investments Group (USA), has called on African nations to end the practice of exporting raw materials and instead build industries that add value locally — warning that the continent’s wealth will continue to enrich others if it fails to industrialise. Speaking to journalists soon after…

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