Ghanaian varsity develops application to combat cocoa diseases and pests

GHANA – The University of Mines and Technology (UMaT) in Ghana has developed a new mobile application dubbed COCOANET that aims to help combat cocoa diseases and pests. Developed by a group of students from […]

Ghanaian cocoa regulator to raise US$1.3bn to finance its 2019/20 operations

GHANA – Ghana Cocoa Board (COCOBOD) has unveiled that it will be raising US$1.3 billion (GHȼ 6.96 billion) in syndicated loans for its operations in the 2019/2020 season. The Minister of Finance, Mr Ken Ofori-Atta, […]

West African Mills’ performance gains traction as profits hit US$2M

GHANA – The West African Mills Company (WAMCO) has managed to improve its performance marked by the growth in profits which has seen the company net US$2 million within a period of one and half […]

COCOCBOD embarks on efforts to stimulate growth in Ghana’s cocoa industry

GHANA – After successfully setting cocoa flour prices, Ghana’s Cocoa Board  (COCOBOD) is now set to drive growth in volumes of the commodity as it seeks to net more revenues from the international market.   […]

Ghana partners with China in construction of a US$100m chocolate factory

GHANA – The Government of Ghana has announced a joint partnership deal with China for the construction of a US$100 million chocolate factory at Sefwi-Wiaso, North Western region. The facility will have an annual capacity […]

Cargill commits to promoting a sustainable cocoa sector in Ghana and Cote d’Ivoire

WEST AFRICA – Cargill Cocoa and Chocolate has reiterated its commitment to work closely with cocoa regulators and other stakeholders in Ghana and Cote d’Ivoire to ensure a long term and sustainable impact for farmers […]

Ghana, Cote d’Ivoire suspend cocoa beans sales, propose higher maiden floor price

GHANA – Ghana and Cote d’Ivoire have suspended the sale of cocoa beans to the open market under the 2020/2021 crop season until further notice. The suspension was announced in Accra, Ghana by the two […]

Ghana’s leading cocoa buyer seeks US$100m to boost operations

GHANA – The Produce Buying Company (PBC) Limited, Ghana’s biggest cocoa buyer, seeks to raise US$100 million from international banks help the firm sustain its operation and settle its obligations. According to the firm’s deputy […]

Ghana embarks on efforts to revamp coffee sector, mulls new database

GHANA – The Coffee Federation of Ghana (CFG) has embarked on efforts that seek to revitalise the coffee industry in the country by rolling out initiatives aimed at increasing production of the commodity. As one […]

Ghana’s cocoa regulator secures US$300m facility to boost cocoa production

GHANA – The Ghana Cocoa Board (COCOCBOD), the cocoa regulator in the country has signed a new 3-year receivables-backed trade finance facility of US$300m that aims to boost Ghana’s cocoa production. According to a report […]