Bissau Farmgate Cashew Price Up; Government to Boost Exports
24 April, 2015 - 15:23
Updated: 28 Avril, 2015 - 12:22
"Guinea-Bissau set 2015 farmgate cashew price paid to farmers at 300 CFA francs ($0.49) per kg, 20 percent higher than the previous year, as the government launched a new season aimed at boosting its top export earner. The tiny West African nation is the world's seventh-biggest cashew producer. Production of the snack accounts for around 90 percent of Guinea Bissau's export revenues and employs some 80 percent of its population of 1.6 million." To read more, please visit the Reuters Africa site here.