Government Support for Investment in Cashew Processing Industry

TLDR

• Algerian company Sarl Anacard’Or plans to invest in three cashew processing factories in Tanzania to enhance its global market presence.
• The first factory will be located in Masasi, Mtwara, utilizing modern machinery from Vietnam.
• The Tanzanian Ambassador to Algeria, Mobhare Matinyi, assured the company of full government support for its investment plans.
• The investment is expected to create jobs, increase government revenue, and bring in foreign expertise and capital.
• The company is currently preparing warehouses for cashew storage in Masasi and will import machinery in September 2026.