Ghana’s Niche Confectionery unveils 12 new variants in its chocolate portfolio

GHANA – Niche Confectionery Limited, a chocolate manufacturer and subsidiary of Niche Cocoa Ltd Ghana, launched 12 more varieties of its Niche Chocolate products. The company said the products include; extra dark (72% cocoa), dark (56% cocoa), milk (38% cocoa) and nine milk chocolate flavours; coconut, ginger, orange, strawberry, banana, mango, lime, honey and coffee.…

Ghana’s Afrotropic commissions US$30m cocoa processing plant

GHANA – Ghana’s Afrotropic Cocoa Processing Limited (ACPL), has commissioned a new cocoa processing factory, an investment valued at US$30 million with a capacity to process 15,000 tonnes of cocoa beans, reports Ghanaian Times. The factory will be processing cocoa beans into cocoa nibs, cocoa liquor, deodorised cocoa butter and cocoa cake. Speaking during the…

Cocoa prices expected to increase amid poor weather conditions

NIGERIA - A Financial Derivatives Company’s (FDC’s) commodity updated has projected an increase in coca prices at the international market due to persisting poor weather conditions in the major producing countries. According to the Daily Independent, FDC analysts said that although cocoa prices were down by 2.86% to $2,274 per metric ton in the past…

GSA Partners Nestlé Ghana to enhance quality standards

GHANA - The Ghana Standards Authority (GSA) and Nestlé Ghana Limited have signed a Memorandum of Understanding (MoU) to forge a strong cooperation in the sharing of scientific and technical information, reports Ghana News Agency. The Public-Private-Partnership agreement seeks to enhance laboratory analytical methods alignment and capacity building in laboratory testing of food products to…

Ghana’s Cocoa Processing Company announces new board members.

GHANA – Ghana’s Cocoa Processing Company Limited (CPC) has announced new board of members as the company seeks to capitalize on the cocoa sector to improve its sectors, reports Ghana News Agency. The new board which was sworn into office by the Minister for Food and Agriculture, Dr Owusu Afriyie Akoto includes Mr Kwaku Owusu…

EU grants Uganda US$4.1m to boost coffee and cocoa sector

UGANDA - The European Union (EU) has granted Uganda US$4.1 million to boost the country’s coffee and cocoa industries. The grant agreement sealed by Uganda’s Finance Minister Matia Kasaija and the EU ambassador to Uganda, Attilio Pacifici seeks to boost the coffee and cocoa exports in the EU market. “This grant is aimed at value…

Cargill pledges more support to cocoa industry in Ghana

GHANA- Cargill Cocoa and Chocolate Business has said it will continue collaborating with the Ghana Cocoa Board (COCOBOD) and the government as part of its commitment to improving the cocoa sector through continued investment in the cocoa industry, reports Ghana News Agency Mr.Harold Poelma, the President of Cargill Cocoa & Chocolate made the announcement during…

Barry Callebaut and Garudafood extends supply partnership in Indonesia

INDONESIA - Barry Callebaut, one of the world’s largest cocoa producer has signed a long-term agreement with food and beverage company, Garudafood, extending their supply partnership in Indonesia. As part of the agreement, Barry Callebaut will supply another 7,000 tonnes of compound chocolate per year to Garudafood’s biscuit factory in Rancaekek, Bandung, with the deliveries…

Ghana’s COCOBOD expects cocoa production to reach 1.5MMT in 5 years

GHANA - Ghana Cocoa Board (COCOBOD) has said that it expects cocoa production to increase to 1.3 – 1.5 million metric tons within the next three-to-five years as a result of several investments made in the sector, reports GNA. According to Mr Joseph Boahen Aidoo, CEO of Ghana Cocoa Board, this will help boost export…

Ghana launches commodity exchange for agricultural products

GHANA (Reuters)- Ghana launched a commodity exchange for agricultural products, the first in West Africa, on Tuesday in efforts to guarantee market access for farmers and boost their income, President Nana Akufo Addo said.  He said the exchange would benefit around 1 million Ghanaian farmers by securing storage for their harvest over the next 18…