Ambassador Philipp Stalder (right) tasting a product of WAMCo The West African Mills Company (WAMCO), a cocoa processing company in Takoradi has plans to invest $5million or more in the purchase of new equipment to help to modernize the existing processing plants and make them fully operational. The company, which has been granted a free […]
Tag: XGHA_CPC
Japan to support the construction of a processing plant in Ebowola
(Business in Cameroon) – Japan may soon support the construction of a cocoa processing unit in Ebolowa 2, Southern region. Indeed, on March 3, 2022, Takaoka Nozomu, the Japanese ambassador to Cameroon, signed a partnership agreement with André Thomas Bengon, mayor of Ebolowa 2, for the construction of that processing unit. According to the government […]
Snapshot on the African Economy as @ 040322
Friday, March 11, 2022 / 9:38 PM / United Capital Research / Header Image Credit: Getty Anglophone West Africa Nigeria According to recently released CBN’s capital importation data, breakdown shows a drop in Nigeria’s Foreign Portfolio Investments (FPI) to $3.4bn from $5.2bn the previous year. It represents two consecutive years of FPI decline, having dipped […]
Nigeria: Buhari to Commission Rice, Cocoa Mills in Cross River
Governor Benedict Ayade of Cross River State has said the modern rice mill in Yala Local Government Area and the cocoa processing plants constructed by his administration are now ready for commercial activities He said in Calabar that President Muhammadu Buhari had confirmed that he would personally commission them later in the month. He said […]
Amoamanhene clocks 11 on the throne, thanks God for successful leadership
24.02.2022 LISTEN Today, February 24 marks exactly eleven years that Nana Agyenim Boateng I ascended on the throne as the Chief of Amoaman, a community in the Atwima Nwabiagya North District of the Ashanti Region. He expresses much gratitude to the almighty God for a successful year as a traditional ruler. Over 11 years, he […]
COCOBOD commits to promoting local cocoa processing and consumption
COCOBOD CEO, Joseph Boahen Aidoo COCOBOD is committed to the national course of promoting local processing and consumption of cocoa, Mr Joseph Boahen Aidoo, the Chief Executive of COCOBOD has said. The health and socio-economic benefits of increased local processing and value addition were enormous include decreased inflammation, improved heart and brain health, blood sugar […]
MPs Query UDC’s Proposal to Capitalize Private Enterprises
The investments on the list include 60 billion Shillings to capitalize two road construction companies,10 billion Shillings for a Cocoa processing plant in Bundibugyo, another 10 billion for the Masaka fruit factory and, 21.9 billion Shillings for the expansion of buildings as well as procurement of the Orange Line for the Soroti fruit factory. Members […]
You Must Be Sick to Call Gov. Ayade a Jester, Rex David tells Venatius Ikem
… Says No Leader in Nigeria’s History Has Deliberately Engaged Youths like Gov. Ben Ayade Listen to article A National Youth Leader aspirant of the All Progressives Congress APC, Rex David Mgbang has described Venatius Ikem, the PDP chairman in Cross Rivers State as sick for calling Governor Ben Ayade a jester, saying no leader […]
Cocoa Processing Company to raise $86.7 mln for operations
Cocoa Processing Company Plc is in discussion with Afreximbank and BADEA, an international financial institution based in Sudan, to raise $86.7 million, Managing Director, Nana AgyenimBoateng I, has said. He said part of the loan would be used as working capital, while the remaining would be used to retool the company. Speaking at the company’ […]
2022 Cocoa Week celebration launched
Mr Kojo Oppong Nkrumah (middle), Minister of Information, touring the late Tettteh Quarshie’s first cocoa farm at Akuapem Mampong. He was led by Osaberima Kwame Ottu Darte III, Chief of Akuapem Mampong (right). With them is Mr Herbert Krapa (2nd from left The 2022 National Cocoa Week celebration has been launched at Mampong in the […]