Friday, June 14, 2024
Meet the Founder

Fahad Awadh is Boosting The Income of Cashew Farmers in Tanzania

Africa is a blessed continent with a lot of natural resources. One of those resources is cashew and Tanzania is one of the African countries that has Cashew as one of its main exporting items.Tanzania produces about 200,000 tons of cashew annually and it is considered one of the best quality cashews in the world.However, like many other African countries with abundant natural resources, Tanzania lacks refined processing machineries to process cashews for immediate exportation and also lacks local value. This is an error a fast rising entrepreneur like Fahad Awadh is working to correct.Fahad Awadh is a young African entrepreneur from Tanzania. He is the founder of YYTZ Agro Processing, a cashew processing company that is adding value locally while creating jobs for rural farmers in Tanzania. His processing company produces about 2500 tons of cashew per annum.Fahad’s entrepreneurship journey started at a young age. At age 11, he was accepted into international business and technology program and by age 12, he had created a business with a product that he started selling at the district school board. At New York University, he started a T-shirt business with two of his friends Lavado Stubb and Momarr Taal (Forbes Africa 30 under 30).But Fahad had always wanted to invest in his home country. So, he came back to Tanzania to invest in the cashew business after seeing an opportunity there. During his research, he worked closely with the local farmers to understand the cashew business and its processing.Fahad has had his own share of challenges over the years as an entrepreneur but he has this to say to every young aspiring African entrepreneurs, having the right mentality when faced with seemingly insurmountable obstacles “You can remain objective and choose to see the good in a situation.”

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