Cashews are a major export crop for Tanzania and a significant source of income for many small farmers.
The East African country produces about 200,000 tons of cashews a year considered one of the best quality cashews in the world. But adding value in the form of processing of raw cashew and capacity building in this sector is wanting. The lack of local processors in Tanzania means there are very few jobs created from this valuable commodity; cashews are an important foreign exchange earner for the country.
Fahad Awadh is a 29-year old entrepreneur from Tanzania.
Growing up, Awadh attended St. Christopher’s, a private British school in Bahrain, where he lived for 8 years. Awadh got accepted to an International Business and Technology program at the age of 11. It was a foundational experience that instilled and nurtured in him an entrepreneurial spirit. He started learning about Accounting, Business Marketing and Entrepreneurial studies from a young age. By the age of 12 he had created a business with a product.
Awadh has set up a cashew processing facility in Tanzania to bring international standards and traceability to the cashew nuts. He is the founder of YYTZ Agro-Processing, a cashew processing company that is adding value locally while creating jobs. The company’s flagship processing facility in Zanzibar has an installed capacity of 2,500 Tons per annum. YYTZ Agro-Processing recently raised a $500,000 investment to set up another facility in Mtwara.
YYTZ Agro-Processing wants to set itself apart from other cashew processing facilities. The focus of its cashew processing plant is to focus on high quality nuts and efficiency. By integrating the roles of processor and importer its able to offer its clients the best cashews and service delivered to their door. Its in-depth knowledge of raw nut quality and crop profiles allows it to offer the best product to its clients.
Its fully mechanized processing facility operates under superior safety and hygiene, while concurrently, it will also transfer the experience, skills and technologies successfully applied in Vietnam operations to its Tanzania operation.