Monchy Food Company, a well-established player in the import, processing, packaging, and distribution of nuts, seeds, dried fruits, and superfoods, has completed the acquisition of the Amama Farms cashew processing plant located in Tandahimba, Tanzania. This strategic move provides Mfc with unparalleled access to a significant cashew processing facility in the country, enhancing its standing in the dried fruit market.

Monchy Food Co secures Tanzanian cashew plant acquisition

The acquisition of the Amama Farms factory in Tandahimba marks a significant stride for the Monchy Food Company as it expands its operations, particularly in East Africa, renowned for the superior quality and value of its cashews. This move is further bolstered by the surging global demand for both organic and conventional nuts, seeds, and dried fruits.

Undoubtedly, this strategic acquisition positions Monchy Food Company to effectively meet the escalating global demand for nuts, seeds, and dried fruits while enhancing operational efficiency and cost-effectiveness. Simultaneously, it provides a platform for the company to broaden its customer base. Beyond these benefits, the acquisition also contributes to job creation in the Tanzanian region.

Monchy Food Company is committed to delivering top-quality dried fruits and nuts to meet the evolving needs of its expanding customer base. The integration of the Tandahimba cashew plant into its operations not only strengthens distribution channels but also positions Mfc to emerge as a prominent exporter of premium cashew nuts in the Tanzanian market.

About Monchy Food. Co

While Monchy Food Company may be a recent entrant in the food industry, its roots extend over several years, representing a collaboration of established businesses operating in the Netherlands. Notable among these entities are Rhumveld Winter & Konijn, De Notenbeurs, and Foodtrend. Functioning as a cohesive unit, Monchy Food Company serves diverse sectors such as industry, catering, and retail, with a distinct focus on sustainable business practices.

With sales offices strategically positioned across Europe and a processing plant located in Tallinn, Estonia, the company has established a robust presence in the market. Monchy Food Company takes pride in its commitment to delivering high-quality products to customers, a principle that underlines its ethos in the food industry.

Sustainability stands as a fundamental principle at Monchy Food Company. The firm is dedicated to fostering a sustainable food chain through collaboration with partners who share similar values. This strategy is designed to generate a beneficial influence throughout the entire food production process. Monchy Food Company’s unwavering commitment has enabled it to establish a robust presence in the food industry. Customers appreciate the company’s adherence to ethical and sustainable practices. With an emphasis on quality and sustainability, Monchy Food Company is positioned for ongoing expansion and triumph in the future.

About Amama Farms Ltd

Amama Farms Ltd stands out as a prominent contributor to Tanzania’s emerging agricultural sector. Founded in March 2014, the company has actively worked towards elevating local food crops to a central role in manufacturing, thereby enhancing the value of Tanzanian agriculture. Nestled in the heart of Tandahimba, a small town in Southern Tanzania, Amama Farms Ltd holds a unique position as the predominant industry in the area. As a leading force in the local cashew industry, it serves as a hub of knowledge, information, support, and optimism for the community’s future.

Functioning as a manufacturer, Amama Farms Ltd is dedicated to delivering top-notch processed products. The company’s primary objective is to revolutionize Tanzania’s agricultural landscape by shifting it from a mere supplier of low-value raw materials to an export industry specializing in premium products. Through its strategic initiatives and commitment to quality, Amama Farms Ltd is contributing significantly to the growth and transformation of Tanzania’s agricultural sector.

Olaf Noorman, Mfc’s CEO stated about the investment

Monchy Food Co.’s CEO, Olaf Noorman, expressed in a statement that their investment is geared towards ensuring the purchase of their products occurs in close proximity to the source. This strategic move is intended to maximize benefits for the local economy and the environment. Despite Tanzania being a major exporter of cashews, only a mere 5% of the country’s raw cashew nuts undergo processing into cashew kernels.

Presently, a significant portion of Tanzanian raw cashew nuts is exported to Asia (specifically Vietnam and Cambodia) for processing before being shipped to Europe, covering an additional distance of approximately 11,000 kilometers. This extended supply chain contributes to the emission of a substantial amount of CO2, posing adverse effects on the environment.

Olaf Noorman stressed that this investment would empower Monchy Food Co. to process cashews in close proximity to their Tanzanian origin. This approach is poised to drastically reduce the transportation distance, thereby minimizing the carbon footprint and fostering local economic growth. Furthermore, supporting Tanzania’s economy through the expansion of their trade sector holds the potential to enhance the well-being of the Tanzanian population.

In the 2021/22 crop year, Tanzania generated a total of 240,159 tons of raw cashews.

Tanzania, an East African nation, recently revealed a staggering production of 240,159 tons of raw cashews during the 2021/22 crop season. This announcement holds immense significance, considering the health advantages of cashews, the economic impact on Tanzania, and the broader global implications. The ascending trajectory of Tanzania’s cashew industry has instilled optimism among stakeholders, anticipating promising prospects ahead. The noteworthy advancements in cashew production are poised not only to enhance Tanzania’s economic landscape but also to create additional employment opportunities, fostering overall economic growth.

In 2022, Tanzania consumed a substantial 70,000 tons of raw cashew nuts domestically.

The Ministry of Industry and Trade, in partnership with the Tanzania Confederation of Industry (CTI), is actively promoting the utilization of raw cashew nuts domestically. In the past, Tanzania primarily exported its raw cashews to India and Vietnam. However, there is now a concerted effort to process these nuts locally, generating increased profits for the people of Tanzania. Notably, the country processed a remarkable 100% more cashew nuts last year, amounting to 70,000 tons, compared to the previous year’s 34,000 tons. This initiative is fueling the expansion of Tanzania’s cashew nut industry, bolstering the well-being of many and playing a crucial role in the nation’s economic progress. Furthermore, The Cashew Council of Tanzania (CBT) has expressed its ambition to elevate raw cashew production to 400,000 tonnes in the 2022/23 crop year, a significant increase from the 240,159 tonnes produced in the 2021/2022 crop.