Last update: March 17, 2024

African Cashew Market

In Burkina Faso, the 2024 cashew marketing campaign is launched. 310F CFA/Kg floor price backed by KOR 45
The 2024 marketing campaign for raw cashew nuts in Burkina Faso was officially launched on Saturday February 17, 2024, at the Maison de la Culture in Bobo Dioulasso. According to the Burkina Faso Cashew Interprofessional Committee (CIAB) and its members, the minimum field price for raw cashew nuts was announced at 310 CFA francs per kilogram, based on the KOR 45 quality standard. For CIAB and its members, this minimum price will regulate the marketing of raw cashew nuts in Burkina Faso during the 2024 season.

In Côte d’Ivoire, the price of cashew nuts is fixed at 275 FCFA/Kg to producers, a drop of 40 FCFA and the minimum field price is between 200 and 300 FCFA.

In Guinea Bissau, following the ministerial council of February 23, 2024, the price of RCN is set at 300 FCFA/Kg, and this is the minimum price.

In Togo, the price ranges from 125 to 150 FCFA/Kg, with an average price of 135 FCFA/Kg. In Ghana, the price of cashew nuts is 425 FCFA/Kg, and it should also be noted that this price is an edge-of-field price.

In Nigeria, the lowest price is 335 FCFA/Kg, the highest is 435 FCFA/Kg and the average is 385 FCA/Kg.

In Senegal, specifically in Fatick, there is a difference of 250 FCFA/Kg compared with last season. Last year, cashew nut prices ranged from 500 to 700 CFA/Kg, compared with 300 to 450 FCFA/Kg at the start of this season. In the Casamance area namely in Ziguinchor, Sedhiou and Kolda, cashew field prices are between 350 and 500 FCFA/kg.

 

Source: LIFFT Cashew Field Staff (Trade Pronotion & CMA Team)

SeGaBi Cashew Farms Georeferenced

In Senegal, 2,238 farms have been mapped, 3,687 in Guinea-Bissau, and 1,800 in Gambia. The purpose of this project is to map the plantations of farmers who have been trained in organic certification. This information will speed up the organic certification process, leading to greater financial gains for processors, cooperatives and international export partners. It also provides an overview of the cashew fields of producers in partnership with SFL in the SeGaBi zone.

LIFFT Project: Cashew Market Price in West Africa & SeGaBi during February 2024

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SFL‘s LIFFT-Cashew project is here to create a durable and strong cashew value chain in Senegal, Guinea-Bissau and the Gambia. Contact us for more information.

    Cooperatives provide information about how many tons of RCN is available in their storage. Please contact them directly using indicated phone numbers (WhatsApp).

    Guinea Bissau

    Cooperative Name

    Sales 2021 (T)

    Sales 2022 (T)

    Sales 2023 (T)

    Plan Sales 2024 (T) 

    Region

    Tel/WhatsApp

    Mail

    Number of producers

    Contact person

    818

    991

    4,809

    7,125

    Cacheu, Guinea Bissau 

    +245 96 662 81 14

    cooperativabuwendena@gmail.com

    650

    Antonio Preira Batista

    14,932

    33,323

    7,001

    12,375

    Cacheu,Guinea Bissau

    +245 95 595 32 00

    mango_augusto@hotmail.com

    3 200

    Augusto MANGO

    N/A

    1,486

    37

    1,500

    OIO, Guinea Bissau 

    +245 95 6105789

    cjammansaba2014@gmail.com

    N/A

    Malam Cani

    1,203

    2,224

    N/A

    4,875

    OIO, Guinea Bissau

    +245 95 5369697

    cooperativaopro2020@gmail.com

    3 000

    Fatumata Camara

    468

    938

    3,227

    4,125

    Cacheu, Guinea Bissau

    +245 95 555 36 66

    quecuto-augusto@hotmail.com

    600

    Papa Camara

    N/A

    7,411

    11,360

    9,000

    Cacheu, Guinea Bissau 

    +245 95 6022413

    agrobigeni@gmail.com

    N/A

    Baciro Mane

    1,292

    651

    670

    1,125

    OIO, Guinea Bissau

    +245 95 656 51 77

    wakilare2020@gmail.com

    1 000

    Mamadou Silla

    1,945

    4,362

    16,502

    18,750

    Cacheu, Guinea Bissau

    +245 96 642 77 00

    cooperativalampadadecampo@gmail.com

    1 100

    Indjai Dabo

    2,974

    11,953

    8,520

    6,375

    Biombo, Guinea Bissau 

    +245 95 558 56 49

    ndelugan@hotmail.com

    800

    Daniel Ndjanaya Nanque

    N/A

    N/A

    N/A

    1 500

    OIO, Guinea Bissau 

    +245 95 5265340

    casma@gmail.com

    N/A

    Baba Sighate

    N/A

    N/A

    9,626

    7,500

    Biombo, Guinea Bissau 

    +245 95 5434869

    coop-ca@gmail.com

    N/A

    Moises Ca

    N/A

    N/A

    N/A

    1 500

    OIO, Guinea Bissau

    +245 95 5823849

    buwongktchif@gmail.com

    N/A

    Zacarias Quade

    N/A

    N/A

    220

    750

    Bafata Guinea Bissau

    +245 95 570 26 60

    coopganadu@gmail.com

    N/A

    Braima BIAI

    13

    23,632

    63,339

    61,972

    75,000

    11 250

    Cooperatives provide information about how many tons of RCN is available in their storage. Please contact them directly using indicated phone numbers (WhatsApp).

    The Gambia

    Cooperative Name

    Sales 2021 (T)

    Sales 2022 (T)

    Sales 2023 (T)

    Plan Sales 2024 (T) 

    Region

    Tel/WhatsApp

    Mail

    Number of producers

    Contact person

    1,108

    1,622

    1,722

    2,250

    West Cost, The Gambia 

    +220 777 76 20

    kogies5212@yahoo.com

    1 500

    Kojo Mendy

    N/A

    13

    564

    1,000

    North Bank, The Gambia

    +220 386 86 08

    musanjsarr@gmail.com

    1 200

    Musa Sarr

    191

    32

    420

    625

    North Bank, The Gambia

    +220 524 46 54

    musanjie139@gmail.com

    366

    Musa Njie

    76

    59

    180

    625

    West Cost, The Gambia 

    +245 95 532 63 86

    fonibintangc@gmail.com

    650

    Zakaria Gaye

    128

    79

    39

    500

    West District, The Gambia

    +220 376 70 73

    aboudemba5@yahoo.com

    624

    Abou Demba

    5

    1,503

    1,805

    2,925

    5,000

    4 340

    Senegal

    Cooperative Name

    Sales 2021 (T)

    Sales 2022 (T)

    Sales 2023 (T)

    Plan Sales 2024 (T) 

    Region

    Tel/WhatsApp

    Mail

    Number of producers

    Contact person

    1,311

    3,179

    4,679

    5,000

    Goudomp, Senegal

    +221 77 511 75 96

    fadegbagoudomp@gmail.com

    2 000

    Bacary Sonko 

    434

    5,270

    3,047

    3,000

    Ziguinchor, Senegal

    +221 77 410 11 59

    gieajac@gmail.com

    1 205

    Aliou Djiba

    387

    847

    N/A

    1,000

    Simbandi Balante, Senegal

    +221 77 705 28 28

    nandomandina@yahoo.Fr

    1 155

    Valentin MANSALY

    2,355

    197

    123

    4,000

    Fatick, Senegal

    +221 77 636 37 53

    amadoulaminecisse1960@gmail.com

    3 000

    Amadou Lamine Cisse

    1,201

    5,052

    1,750

    5,000

    Francounda, Senegal

    +221 77 605 72 04

    laminecamara91@gmail.com

    1 000

    Younouss Mban Mansaly

    775

    261

    128

    1,000

    Kolda, Senegal

    +221 78 198 65 38

    scoopcoumbacara@gmail.com

    630

    Youssouph Seydi

    N/A

    N/A

    N/A

    500

    Ziguinchor, Senegal

    +221 77 653 47

    bsdiatta@yahoo.fr

    356

    Tendouck

    N/A

    N/A

    N/A

    500

    Sedhiou, Senegal

    +221 792 71 26

    mc1560631@gmail.com

    145

    Manconomba

    8

    6,800

    14,806

    9,727

    20,000

    11 086

    RCN collection information from 2020 to 2023 and collection forecasts in 2024

    Sales 2020 (T)

    Sales 2021 (T)

    Sales 2022 (T)

    Sales 2023 (T)

    Plan Sales 2024 (T) 

    Number of producers

    Percentage of RCN Collected in FY23

    Total

    10,320

    31,935

    79,950

    74,624

    100,000

    26 676

    93%