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 grows a large cashew crop but ships more than nine in ten nuts abroad raw, mainly to Vietnam and India. The money is in grading, whole-kernel processing, branding and the shell and cashew-apple by-products, backed by cooperatives, outgrower contracts and certification.

What it takes
0 to 4 months (processing)

Capital depends on the business you choose; Pillar 7 sets out the openings by capital level.

Market signal
US$0.0m of exports in 2025

Disease, price and policy risks are set out section by section below.

Cashew at a glance

The numbers

Figures are as reported between July and September 2026 and may have changed since. Money is converted at about GH¢11.20 to the US dollar, the Bank of Ghana rate in mid-June 2026.

~0 t
Raw nuts, 2025 (official); officials put 2026 at ~250,000 t, market sources nearer ~150,000 t
Etefe, 2026; ACA, 2026
~0 ha
Area under cashew (2021/22)
CICC, 2024
0-400k
Farmers, on estimates that differ
CICC, 2024; ComCashew, 2024
US$0.0m
Cashew nut exports in 2025, up 10.15% on 2024
GEPA, 2026
0%+
Of the crop exported or traded unprocessed, 2025
Nitidae, 2026
<0%
Processed at home, 2025 (about 15,000 t of raw nuts)
Nitidae, 2026
~0 t
Raw nuts exported in 2025, including ~165,000 t brought in informally from neighbours
Nitidae, 2026
~0.0 kg
Raw nuts for 1 kg of kernel; a kg of W320 kernel sells for about 7x a kg of raw nuts
ACA, 2026; Wittern et al., 2023
GH¢0/kg
Farm-gate floor 2025/26, down from GH¢15
TCDA, 2025
~0%
Processing capacity used (2025); ~46,000 t installed at 12 registered processors (2022)
ComCashew, 2024; Nitidae, 2026
0% / 16%
Farmer share of the raw-nut FOB price (2019) against the Accra shelf price of local kernels (2022)
World Bank, 2023
0-60%
Local-processing target in the February 2026 pledge; no date or legal instrument yet
Yire, 2026
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 playbook, a value chain analysis, an investor snapshot and a set of risk cards. Figures are as reported between July and September 2026 and may have changed since.

Full Playbook

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

PDFDownload Cashew playbook↓

Value Chain Analysis

A mapped breakdown of the value chain, from farmgate to export, and who captures what along the way.

PDFDownload Cashew value chain analysis↓

Market Opportunity Snapshot

A market opportunity brief covering demand, pricing and entry points.

PDFDownload Cashew snapshot↓

Disease & Risk Cards

Quick-reference disease and risk profiles for the whole entry.

PDFDownload Cashew disease & risk cards↓

Read across the whole series.

Series guides

Four companion guides that sit above the eleven playbooks. Start with the overview, then use the other three to find your place in the chain and take your first step. Figures are as reported between June and September 2026 and may have changed since.

Series Overview

The capstone of the series. All eleven commodities read side by side on market size, value leakage, returns, risk and ease of entry.

PDFDownload series overview↓

The Entry Playbook

How to actually start an agribusiness in Ghana: registration, licences, land, money and your first 180 days.

PDFDownload entry playbook↓

The Career Compass

A student's guide to where you fit across the eight stages of the chain, with the jobs, ventures, skills and starting budgets at each.

PDFDownload career compass↓

The Opportunity Atlas

Every business opening across the eleven commodities, regrouped by chain stage so you can see where the money actually sits.

PDFDownload opportunity atlas↓
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