MWE Correspondent
Algerian cashew processing company Sarl Anacard’Or is planning to expand its investment into Tanzania by establishing three modern cashew processing plants, in a move expected to increase the value of Tanzanian cashews and strengthen the country’s position in the global market.
The company’s Owner and Chief Executive Officer, Walid Dib, announced the investment plans during a visit by Tanzania’s Ambassador to Algeria, Mobhare Matinyi, to the company’s cashew processing facility in the city of Oran.
Dib said the company had been impressed by the quality of Tanzanian cashews and had decided to establish three processing plants in Tanzania to take advantage of the country’s growing cashew industry.
“Tanzanian cashews have exceptional quality, and we have decided to establish three processing plants, starting with one in Masasi, Mtwara Region, which will use modern machinery from Vietnam,” Dib said.
He added that, in partnership with a Tanzanian investor, the company was finalising the registration of its first local company, Kilimanjaro Nuts Limited.
Ambassador Matinyi congratulated Dib on initiating the investment process and assured him of the government’s support in facilitating the project.
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He said the investment would contribute to job creation, increase government revenue, introduce additional technical expertise and bring more foreign currency into Tanzania.
“It is the government’s intention to ensure that investment in cashew processing industries increases in the country so that more value can be added to this crop before it is exported, while reducing the export of unprocessed cashews,” Ambassador Matinyi said.
Dib further revealed that the company was currently preparing warehouses for storing cashews in Masasi District, Mtwara Region. He said machinery would be ordered from Vietnam in September, with the equipment expected to arrive in Tanzania alongside technical experts who will begin training Tanzanian workers in January 2027.
During the visit, Dib showed Ambassador Matinyi Tanzanian cashews that had undergone 11 stages of processing at the Oran facility before being packaged and prepared for the international market.
He said the company had now decided to focus exclusively on sourcing cashews from Tanzania due to their quality.
“I received six containers last month. I currently have another six at the port of Oran, seven more are at sea and another seven are at the Port of Dar es Salaam awaiting shipment. Each container carries 27 tonnes of cashews,” Dib said.
Ambassador Matinyi said efforts by the Tanzanian government, through the Tanzania Cashew Board (CBT), had contributed to increased cashew production in the country.
According to the Embassy, Tanzania produced 617,683 tonnes of cashews during the 2025/26 season, generating approximately 1.25 trillion Tanzanian shillings in revenue.
The figures position Tanzania among the world’s leading cashew producers, alongside Côte d’Ivoire, Vietnam and India.
The planned investment in processing plants is expected to support Tanzania’s efforts to add value to locally produced cashews, create employment opportunities and increase the benefits derived from the crop before it reaches international markets.
