Fahad Awadh
Fahad Awadh is a young entrepreneur & tech Enthusiast from Tanzania. He is the co-founder of YYTZ Agro-Processing; a cashew processing Startup building an inclusive cashew nut value chain by working with rural cashew farmers and women processing groups to help them add value to their own crop and earn more income. It provides access to automatic shelling machines and GAP, food safety training and financial literacy training for farmers.
By integrating them in the cashew value chain, the farmers are able to earn more from their crop. It has developed the first packs of fully traceable cashews using blockchain technology. Using technology they are able to create more value at the rural level for cashew farmers and bring transparency to the cashew nut. By empowering farmers, YYTZ can help alleviate poverty in rural Tanzania.
Fahad took it upon himself to create local processing for this valuable commodity and growing it back into what it used to be, an important foreign exchange earner for the country. The company’s flagship processing facility in Zanzibar has an installed capacity of 2,500 Tons per annum.
It has raised a $500,000 investment which came from the Africa Enterprise Challenge Fund. This serves to establish another facility in south east Tanzania.
Fahad Awadh has received numerous recognition for his great work in Tanzania including being named by Forbes’ as one of the 30 Most Promising Young Entrepreneurs in Africa for 2017 & 2018 & 100 Most Influential People of Africa Descent 2018.
