Cashew processors, buyers and traders met in Mtwara on November 7 at an engagement organised by NMB Bank to discuss financing opportunities and challenges across the the sector’s value chain. Cashew Board of Tanzania Director General Francis Alfred called for stronger collaboration between banks and industry players, emphasising the importance of securing adequate raw cashew supplies to sustain investments in domestic processing. NMB’s Head of Agribusiness for Wholesale Banking, Christopher Mwalugenge, reaffirmed the bank’s commitment to financing cashew businesses during the 2026/2027 marketing season, supporting buyers, processors and exporters.
