Stay Informed: Subscribe to Our Newsletter for the Latest in Commodity Insights and Market Trends!

Cancel

Empowering Communities through Cashew Processing for Nigeria’s Non-Oil Export Growth

Profile Image

oluwatoyin jacobs

22 April 2025

cashews

Empowering Communities through Cashew Processing for Nigeria’s Non-Oil Export Growth

We are excited to announce our proposed cashew processing facility in Siun, Obafemi-Owode Local Government Area of Ogun State, Nigeria. This groundbreaking project aligns with our vision of transforming the commodity trading sector in Africa.

Scheduled for commissioning in Q4 2025, the facility is set to become a catalyst for economic growth and social development in the region. By providing training and developmennt opportunities for up to 1,000 young women and men monthly, we aim to contribute significantly to Ogun State’s achievement of SDG Goal 8: Decent Work and Economic Growth.

This strategic investment will enhance the value of Nigeria's cashew exports by achieving international certifications that enhance market performance thus giving us a competitive edge, and setting a benchmark for sustainable development as we contribute to Nigeria's non-oil sector.

The facility will have a production capacity of 10 tons per day, focusing on the semi-processing of cashew kernels for export. In addition, a complementary flavoring facility will be established to further process these cashew kernels into ready-to-eat brands for both local and international markets.

Our ready-to-eat cashew brand, soon to be launched

As a leading player in the commodity trading sector, Cardinal Torch is committed to creating positive impact while driving economic prosperity. We are confident that this cashew processing facility will be a cornerstone of our efforts to transform the agricultural landscape in Nigeria and Africa as a whole.

Related Tags:

cashews
empowerment
export
growth
facility