Mahama to open GH¢148.4m cashew processing factory in Techiman – Kwakye Ofosu
President John Dramani Mahama is expected to travel to Techiman on Monday to officially open the Nadkansco Cashew Processing Factory. According to MyJoyOnline Ghana, the GH¢148.4 million facility was financed by the Ghana Export-Import Bank (GEXIM). Adom Online reports the commissioning is scheduled for Monday, November 16, 2026, noting that the factory aims to strengthen local agro-processing and reduce reliance on exporting raw nuts.
The plant, owned by Nadkansco Processing Limited, has the capacity to process 100 tonnes of raw nuts per day, totaling approximately 30,000 metric tonnes annually. 3News reports the factory is scheduled to begin operations by mid-November 2026 and will employ about 450 workers directly across three shifts, with a projected total of 1,500 jobs linked to the plant and its supply chain.
Ahead of the opening, Ghana EXIM Bank CEO Sylvester Adinam Mensah visited the factory to assess its readiness and expressed optimism regarding its ability to stimulate economic activity, according to Adom Online. 3News also noted that the bank's deputy chief executive for banking, Moses Klu Mensah, inspected the plant in September.
Brief written by urgent.news from MyJoyOnline Ghana, 3News, Adom Online — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
