The Ondo State Governor, Rotimi Akeredolu, on Tuesday, commended Johnvents Industries Limited for its massive cocoa investment in the state. The governor lauded the company during the official commissioning of its 15,000 metric tonnes, multi-billion naira Johnvents Cocoa Processing Factory located in Akure, the Ondo State capital. Commissioning the factory, Mr Akeredolu commended the company […]
Tag: XGHA_CPC
‘Land owners urged not to sell farmlands to galamseyers’
Some of the farmers tasting the foods on display The Managing Director of Cocoa Processing Company (CPC), Nana Dr Agyenim Boateng, has advised cocoa farmers and land owners not to sell their farmlands to galamseyers (illegal miners) for a-one-time gain. He said the yearly benefits accruing to cocoa farmers and the country from processing cocoa […]
Ghana: ‘Land Owners Urged Not to Sell Farmlands to Galamseyers’
Tema — The Managing Director of Cocoa Processing Company (CPC), Nana Dr Agyenim Boateng, has advised cocoa farmers and land owners not to sell their farmlands to galamseyers (illegal miners) for a-one-time gain. He said the yearly benefits accruing to cocoa farmers and the country from processing cocoa into finished goods and the health benefits […]
Cocoa Processing Company to raise US$86.7 million for operations
Ivory Coast and Ghana account for almost 60% of world supplies for cocoa beans Cocoa Processing Company Plc is in discussion with Afreximbank and BADEA, an international financial institution based in Sudan, to raise US$86.7 million, Managing Director, Nana AgyenimBoateng I, has said. He said part of the loan would be used as working capital, […]
COVID-19: Cocoa Processing Company loses $18.6 million
Frontage of a CPC office in the Free Zones enclave Cocoa Processing Company Limited, CPC, has incurred an 18.6 million dollars loss for the 2019‐2020 production year. At the Annual General Meeting of the company in Accra, the loss according to the company resulted from the wreckage of the global coronavirus malaise and frequent breakdown […]
President commissions cocoa processing plant in Tema
President Nana Addo Dankwa Akufo-Addo with other dignitaries President Nana Addo Dankwa Akufo-Addo Friday commissioned a US$13 million cocoa processing plant expansion of the Cargill Cocoa Processing Company in the Tema Free Zones enclave. The investment is expected to increase the company’s cocoa-grinding capability by 20 per cent to match growing consumer demands for cocoa […]
Akeredolu commissions N15bn cocoa processing plant in Ondo
— To create over 17,000 jobs — We’re losing about 90 per cent of our probable revenue from cocoa – Akeredolu Dayo Johnson Akure A wholly indigenous-owned agribusiness and subsidiary of Capitalsage, Johnvents Industries Limited, has commissioned its upgraded N15 billion cocoa processing plant in Akure, the Ondo State capital. The Factory which was commissioned […]
Multi-billion naira cocoa processing plant to boost Nigeria’s Export Trade for launch in Ondo
. Dayo Johnson Akure An indigenous company, Johnvents Industries Limited is set to launch a multi-billion naira cocoa processing company in Akure, the Ondo State capital to boost the nations export trade. Johnvents Industries took over the Coop Cocoa factory and invested over N3 billion to revamp the factory. Speaking with newsmen after a tour […]
Cargill finishes cocoa processing plant expansion in Ghana
Photo: Cargill Cargill announced it has completed a 16-month, $13 million expansion of its cocoa processing facility in Tema, Ghana, an initiative that increased the plant’s grind capability by 20% and bolstered its annual production capacity to 90,000 tonnes. With the expansion the plant becomes the largest cocoa processing facility in Ghana. “This kind of […]
Free Zone Authority ready to drive Ghana’s AFCFTA agenda – CEO
Mike Aaron Ocquaye Jnr, Chief Executive Officer of the Ghana Free Zones Authority Chief Executive Officer of the Ghana Free Zones Authority (GFZA), Dr. Mike Aaron Ocquaye Jnr. says Ghana’s Free Zone Authority is repositioned to take full advantage of the single continental market to boost investments to its enclaves. To achieve this, he said, […]