Ghana Agribusiness Playbook
Cashew hero photo
Crops · Commodity No. 05

Cashew

Anacardium occidentale

A rising export earner, with nuts still shipped raw for processing.

Is this a business for you?

The brief

The opportunity, what it takes to start, and the market signal, in plain terms.

The opportunity

Ghana's cashew crop is booming but leaves most of its value abroad, shipped raw to Vietnam and India. In-country kernel processing and cashew-apple use, paired with outgrower schemes and certification, is where the premium sits.

What it takes
GHS 0

A realistic starting point. First revenue in about 3 years to yield. Use the calculator below to model your own scale.

Market signal
Fast-growing export earner

The disease, price and biosecurity risks are covered in full inside the playbook.

Cashew at a glance

The numbers

The numbers a student, entrepreneur or investor should carry into the pillars, each unpacked with its source inside. Figures current to mid-2026.

~0 t
Raw nuts produced in 2025, after a 30% fall in 2024
TCDA, 2026
~0 ha
Under cashew, farmed by about 200,000 farmers
CICC; TCDA, 2023
US$0.0m
Exports in 2025, the largest agricultural non-traditional earner
GEPA, 2026
~0%
Of nuts exported raw and unshelled, mainly to Asia
IMANI Africa; trade reporting, 2025-2026
0-10%
Of the crop processed at home
Wittern et al.; IMANI Africa, 2023-2025
0-5x
Kernels are worth this much more than raw nuts per kilo
Market prices, 2025-2026
0%
Farmer's share of retail on the kernel channel, vs 65% of raw FOB
World Bank, 2023
GH¢0/kg
Farm-gate floor price for 2025/26, down from GH¢15
TCDA, 2025
~0%
Of the ~65,000 t national processing capacity actually used
IMANI Africa, 2025
>0%
Of the cashew apple wasted; shell oil under-used
Wittern et al., 2023
+0%
More nuts with weaver-ant biological pest control
Anato et al., 2024
0-60%
Local-processing target behind the pledged raw-export ban
Government of Ghana, 2026

What could it earn?

The ledger

A base-case model. Adjust your capital, region and scale to see the headline numbers, then download the full workbook.

Starting capitalGHS 28k
RegionAshanti
At this capital you could run 4 acres
Projected annual revenueGHS 58,800
Estimated net profit a yearGHS 26,460
Estimated payback period36 months
CostsNet profit
Cashew banner photo

Every stage is a business of its own. Find the one that is yours.

The biggest returns rarely sit in production. Read the playbook section by section to see where the real value is.

The playbook, section by section

8 sections

Six content pillars plus market intelligence and a strategic outlook. Open any section.

Take a playbook with you.

Downloads

Every entry ships as a full document, a cost model, an investor snapshot and a set of risk cards.

Full Playbook

All six content pillars, data tables, diagrams and market summaries.

PDFDownload Cashew full

Cost & Returns Model

Per-unit cost breakdowns and yield benchmarks at smallholder and commercial scale.

PDFDownload Cashew cost

Market Opportunity Snapshot

A two-page investor-facing brief covering demand, pricing and entry points.

PDFDownload Cashew market

Disease & Risk Cards

Quick-reference one-page risk profiles for the whole entry, ready for the classroom.

PDFDownload Cashew disease
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