How Coop Bank plans to tackle unlicensed middlemen exploitation

Dar es Salaam. Coop Bank Tanzania has unveiled strategic financial solutions aimed at tackling kangomba—a widespread exploitative practice affecting cashew farmers in Tanzania’s southern regions.

In the local cashew trade, kangomba refers to the informal and often exploitative practice where unlicensed middlemen purchase raw cashew nuts (RCN) from farmers before the official marketing season begins, typically at prices far below those set at formal auctions.