Ghana’s Cocoa juice ‘marries’ Bolivian cocoa beans in world’s first 100% cocoa fruit chocolate

New Couverture by Felchlin Swiss chocolate manufacturer, Felchlin, has unveiled a new couverture made 100 percent from the Cocoa fruit, with no extra ingredient. Made of Bolivian cocoa beans, the chocolate is sweetened with cocoa pulp juice from Ghana and becomes the world’s first sugar-free single ingredient chocolate. Several chocolate makers around the world are […]

COCOBOD, others celebrate loan disbursement

Ghana Cocoa Board, African Development Bank and financial partners celebrate first $200 million disbursement of loan to boost cocoa productivity in Ghana Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of $200 million of a syndicated loan facility to boost cocoa productivity in the world’s second-largest producer. The occasion was marked by […]

Cargill launches first chocolate manufacturing operation in Asia, with growth plans across region

– India facility operational by mid-2021 – Annual chocolate production of 10,000 tons initially – Approximately 100 new jobs created MINNEAPOLIS, June 23, 2020 /PRNewswire/ — Consumer demand for chocolate products continues to grow steadily in the Asia market. To help the food industry meet this growing demand, Cargill is partnering with a local manufacturer […]

JICA, others provide $600m syndicated loan to COCOBOD

Mr Yasumichi Araki (left) and Mr Joseph Boahen Aidoo Ghana Cocoa Board (COCOBOD), Japan International Cooperation Agency (JICA) and other development finance institutions (DFIs) have announced a $600 million credit facility for COCOBOD’s Productivity Enhancement Programmes (PEPs). It is the product of a syndicated receivables-backed loan facility deal signed in November 2019, by DFIs — […]

Ghana Cocoa Board, African Development Bank and partners celebrate first $200 million disbursement of loan to boost cocoa productivity

(AfDB) – Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of $200 million of a syndicated loan facility to boost cocoa productivity in the world’s second-largest producer. The occasion was marked by a ceremony held in Accra, Ghana on Tuesday 23 June, followed online by hundreds of observers across the globe. In […]

This is how the $600million COCOBOD loan is to be spent

File photo Ghana Cocoa Board (COCOBOD) on Tuesday unveiled the $600-million cocoa syndicated loan facility to revamp the West African country’s cocoa sector. The COCOBOD loan was pooled by a consortium of development finance institutions namely the African Development Bank (AfDB), Japan International Cooperation Agency (JICA) and the Development Bank of South Africa (DBSA). Other […]