The National Coordinator of Cashew Watch Ghana, Raphael Ahenu, has called for low interest rate loans to boost the production and processing of the crop.
According to him, the current cost of credit was unattractive and too expensive for cashew production and processing.
Mr Ahenu made the call in an interview with The Ghanaian Times here in Sunyani in the Bono Region on Friday.
He explained that cashew farmers needed affordable financing for their farm maintenance and expansion, while processors also required same financing to purchase modern equipment for processing of raw cashew nuts. "The cashew industry holds immense potential for job creation, foreign exchange earnings and rural development.
