Mr Joseph Boahen Aidoo, the Chief Executive Officer of COCOBOD (right) exchanging the agreement with Mr Zhou Qingyu, the Vice President of China Development Fund The Ghana Cocoa Board (COCOBOD) on Tuesday signed a Memorandum of Understanding with the China Development Fund and Genertec International Corporation to establish a cocoa processing plant at Sefwi Wiawso […]
Tag: cocoa processing
Construction of US $100m cocoa processing factory in Ghana to commence in 2020
The Ghana Cocoa Board (COCOBOD) has signed a Memorandum of Understanding (MoU) with China Development Fund and Genertec International Corporation for the development of a cocoa processing factory. The project earmarked to start in early 2020, is estimated to cost of US $100m to increase the country’s total capacity of cocoa production. The factory will […]
COCOBOD, China Sign MoU For Cocoa Factory
Chief Executive of COCOBOD, Joseph Boahen Aidoo, speaking at the ceremony GHANA AND China have signed a Memorandum of Understanding (MoU) for the establishment of a cocoa processing factory at Sefwi Wiawso in the Western part of Ghana. The project is projected to be a sino-Africa model as it is going to be the first […]
Cross River to crush 120,000 tonnes of cocoa beans annually
The Acting Chairman of Cross River Cocoa Management Board, Dr Oscar Ofuka, has said that the state was ready to crush 120,000 metric tonnes of cocoa beans annually. Ofuka told News Agency of Nigeria (NAN) in Calabar that the new cocoa processing plant established by the state government at Ikom would boost its cocoa revolution. […]
UPDATE 1-Cameroon expects to double cocoa processing this season to 120,000 T
(Adds details, background) DOUALA, Aug 14 (Reuters) – Cocoa processing output in Cameroon, Africa’s third biggest cocoa grower, is expected to double this season to 120,000 tonnes from 58,000 tonnes last season, the trade minister said while opening the new season. Trade Minister Luc Atangana was speaking at the opening of Cameroon’s 2019/20 cocoa season […]
UPDATE 1-Cameroon expects to double cocoa processing this season to 120,000 T
(Adds details, background) DOUALA, Aug 14 (Reuters) – Cocoa processing output in Cameroon, Africa’s third biggest cocoa grower, is expected to double this season to 120,000 tonnes from 58,000 tonnes last season, the trade minister said while opening the new season. Trade Minister Luc Atangana was speaking at the opening of Cameroon’s 2019/20 cocoa season […]
Ghana Stock Exchange justifies suspension of PBC
Managing Director of the Ghana Stock Exchange, Ekow Afedzi The Ghana Stock Exchange (GSE) has justified the suspension of the cocoa buying firm Produce Buying Company (PBC) from the market, insisting the move is needed to protect investors. GSE Tuesday announced the suspension of PBC from the bourse, over its failure to publish its financial […]
UPDATE 1-Cameroon expects to double cocoa processing this season to 120,000 T
(Adds details, background) DOUALA, Aug 14 (Reuters) – Cocoa processing output in Cameroon, Africa’s third biggest cocoa grower, is expected to double this season to 120,000 tonnes from 58,000 tonnes last season, the trade minister said while opening the new season. Trade Minister Luc Atangana was speaking at the opening of Cameroon’s 2019/20 cocoa season […]
Ghana Stock Exchange justifies suspension of PBC
Managing Director of the Ghana Stock Exchange, Ekow Afedzi The Ghana Stock Exchange (GSE) has justified the suspension of the cocoa buying firm Produce Buying Company (PBC) from the market, insisting the move is needed to protect investors. GSE Tuesday announced the suspension of PBC from the bourse, over its failure to publish its financial […]
Ghana could rake in $12 billion dollars from Planting for Export and Rural Development
Dr. Owusu Afriyie Akoto, Minister of Food and Agriculture Ghana is set to make billions of dollars from other tree crops aside from cocoa following the successful implementation of the Planting for Export and Rural Development, the Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, has said. The Ministry of Food and Agriculture in […]