Photo of the Week: An Industry Revived in Mozambique

January 11, 2013

TechnoServe helped revive the cashew processing industry in Mozambique by working with entrepreneurs to establish new factories.

Lucas Domingo (green shirt) shells cashews at the Condor Nuts processing plant in northern Mozambique. TechnoServe helped revive the cashew processing industry in Mozambique by working with entrepreneurs to establish new factories. Between 2002 and 2008, Mozambique went from processing zero cashews to becoming the largest processor in Africa and the fourth-largest processor in the world. The industry now employs more than 5,000 workers, with annual sales of about $25 million.

TechnoServe aims to transform entire industries through our work in the developing world. In case you missed it, read what Bruce McNamer, our president and CEO, had to say about these efforts during a recent visit to Mozambique.

 

Related Blog Posts

 

Video: Entrepreneurship as an Engine of Growth

Video: Entrepreneurship as an Engine of Growth

We salute global women entrepreneurs, like Francesca Opoku, who are helping to grow their local economies.

Photo of the Week: Fruits of Success

Photo of the Week: Fruits of Success

With help from TechnoServe's business advisory services, a Nicaraguan entrepreneur is growing her smoothie business while promoting better nutrition in her community.

Paving the Way for Capital: The Role of Technical Assistance in Mobilizing Finance

Paving the Way for Capital: The Role of Technical Assistance in Mobilizing Finance

Organizations such as TechnoServe that provide training and technical assistance play a critical role in improving access to finance for smallholder farmers and businesses.