Ghana and Cote d’Ivoire are responsible for 65% of the raw cocoa beans used in making chocolates Cocoa Processing Company (CPC) Limited says it plans to leverage on the implementation of the African Continental Free Trade Area (AfCFTA) agreement come next year. The trade pact is expected to come into force on January 1, 2020 […]
Tag: cocoa processing
Patrice Yantho: Neo Industry is an “economically viable project …”
" (Business in Cameroon) – We were the ones who conducted the negotiations for the purchase of this plant from equipment supplier Bühler, in Switzerland. We stopped working on this project at the fund-raising stages. So we know the said project in and out. I can therefore tell you that the Kekem plant is economically […]
Ghc21billion Spent On Financial Sector Clean-up — Bawumia
LISTEN NOV 27, 2020 1 COMMENT Updates Election Vice-President Dr Mahamudu Bawumia says the NPP government has spent GHS21billion to clean up the financial sector. He said 99 per cent of depositors of the affected banks, microfinance and savings and loans companies had been fully settled. The Vice-President was speaking at the 12th Edition of […]
GHS21billion spent to clean up the financial sector-Veep
Vice-President Dr Mahamudu Bawumia says government has spent GHS21billion to clean up the financial sector. He said 99 per cent of depositors of the affected banks, microfinance and savings and loans companies had been fully settled. The Vice-President was speaking at the 12th Edition of the Nation Building Updates at the Cedi Conference Centre, Department […]
Construction of 107 factories under 1D1F soon to be completed soon – Bawumia
Vice President Dr Mahamudu Bawumia A total of 76 factories under the One-District One-Factory (1D1F) initiative are in operation while 107 are currently under construction. This was revealed by the Vice President, Dr. Mahamudu Bawumia yesterday when he took his turn to address the nation on the current state of the Ghanaian economy. Overall, a […]
SCB Cameroon moves to dismantle Neo Industry’s cocoa processing plant in Kekem following loan-repayment issues
(Business in Cameroon) – Last week, SCB Cameroon (the local subsidiary of the Moroccan banking group Attijariwafa Bank) published a tender notice on its website for the recruitment of an expert in plant assembly. According to the notice, the expert will dismantle the plant of an agro-industrial unit in Kekem, Western Cameroon. Reading this rather […]
Cross River, Dantata group, CBN partner on agriculture
Cross River State is partnering the Central Bank of Nigeria (CBN) and Dantata group to create 20,000 agro-based jobs for youths, it has been learnt. Governor Ben Ayade stated this yesterday when officials of Dantata Group and CB visited his office. He said: “The meeting between CBN, Dantata group and Cross River is to cement […]
TTU lecturers throw support behind Akufo-Addo
Some executives of the Patriotic Intellectuals at the Takoradi Technical University A pro-New Patriotic Party (NPP) group of lecturers at the Takoradi Technical University called the Patriotic Intellectuals (PI) has argued that the progress the Akufo-Addo-led Administration have made in the education, the cocoa and the oil and gas sector are unmatched in the annals […]
#EndSARS Protest: Osun Elders Condemn Looting, Destruction Of Property
Some elders in Osun State have condemned the wanton destruction and looting of government and privately owned property across the state by hoodlums under the guise of EndSARS protest. But they extolled the leadership quality displayed by the Governor, Adegboyega Oyetola, in managing the incidents in the state, including the attack on him by hoodlums. […]
COCOBOD to inject US$200 million towards domestic cocoa processing
File Photo [A cocoa farmers] The Ghana Cocoa Board (COCOBOD) will next year inject US$200 million into domestic cocoa processing. The money will be given as a loan to augment the working capital of existing local processors that are struggling financially, as well as potential local processors. This amount, which is expected to be used […]