Projected Arrival of Modern Machinery from Vietnam for Cashew Processing
Latest Tanzania business news · Projected Arrival of Modern Machinery from Vietnam for… explained · 2027 updates · updated Aug 20, 2026 · business news · companies · investment
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 region, and will utilize modern machinery from Vietnam.
- The CEO of Sarl Anacard'Or, Walid Dib, is finalizing the registration of the first company, Kilimanjaro Nuts Limited, in collaboration with a local partner.
- The Tanzanian ambassador to Algeria, Mobhare Matinyi, assured support from the government to facilitate the investment, which is expected to create jobs and increase government revenue.
- Dib is preparing warehouses for cashew storage in Masasi and plans to import machinery from Vietnam in September 2023, with training for Tanzanian staff starting in January 2027.