DAR ES SALAAM, Aug. 20 -- THE Algerian cashew processing company, Sarl AnacardOr, plans to build three modern cashew processing plants in Tanzania as part of efforts to add value to the countrys cashew production and capture a larger share of the global market.

The companys owner and Chief Executive Officer, Walid Dib, said the investment will begin with the construction of a processing plant in Masasi District, Mtwara Region, which will be equipped with modern machinery imported from Vietnam.

Speaking during a visit by Tanzanias Ambassador to Algeria, Mobhare Matinyi, to the companys factory in Oran, Dib said the company had been impressed by the quality of Tanzanian cashews and had therefore decided to expand its investment in the cou...