Indomie noodles wins Ghana Business Awards Brand of the Year

GHANA – Indomie, a brand of instant noodle produced and distributed by Multipro Pvt Ltd, Ghana has received the Brand of the Year recognition at the Ghana Business Awards. In an event held at the Kempinski Hotel in Accra, the noodles maker was recognized for excellence and as a top player in business and industry.…

Ghana shippers slash cocoa freight charges to Europe by 9.4% for 2018/19

GHANA - Ghana Shippers Authority (GSA) and shippers have said that freight charges for exporting Ghana’s cocoa to Europe have been slashed by 9.4% for the 2018/19 season. According to Reuters report, the reduction was made following the about 40% decline in cocoa prices on the world market in the 2017/18 season. “The reduction in…

Ghana and Ivory Coast launch Hortifresh programme to boost horticultural production

GHANA - Ghana and Ivory Coast have launched the Hortifresh West Africa Programme to boost horticultural production and exports, reports GNA. The programme, supported by the Netherlands aims to establish a sustainable and internationally competitive fruit and vegetable sector that would contribute to the inclusive economic growth and nutrition security. The core activities of the…

COCOBOD and Solidaridad West Africa signs MoU to boost cocoa industry

GHANA - The Ghana Cocoa Board (COCOBOD) has signed a Memorandum of Understanding with the not-for-profit organization, Solidaridad West Africa to implement initiatives geared at boosting the cocoa industry. According to GNA, the two will offer technical support for the sector to enhance diversification, alongside cocoa intensification towards boosting the incomes of producers. A statement…

Government starts construction of 100 Warehouses for the Planting for Food Programme

GHANA - The government of Ghana has started work on 100 warehouses nationwide for the Planting for Food and Jobs [PFJ] Programme whose objective is to ensure availability of food in the country. The food reserves will be constructed in various districts and locations, initiated by the Ministry of Agriculture and the National Buffer Stock…

Government to tackle waste by producing biodegradable plastic bags with cassava

GHANA - The Federal Government of Ghana is planning to tackle the country’s sanitation challenges by exploring ways to produce biodegradable plastic bags using cassava, GNA reports. Speaking to a panel discussion at Ghana Economic Forum held in Accra, the Vice President Dr Mahamudu Bawumia said they already had an entrepreneur in mind who has…

Cargill doubles volume of sustainable sourced cocoa to benefit farmers in Ghana

GHANA- The food, agriculture and industrial products company Cargill has doubled the volume of sustainable cocoa sourced with an estimated 13,000 cocoa farmers who benefit from its own licensed buying company (LBC) initiative. Cargill has initiated direct sourcing of the commodity, and this is a 30% increase from the 10,000 farmers from last year. The…

Universal Bank and Central Sugar signs US$10.8m deal for a new starch factory

GHANA - The Universal Merchant Bank (UMB) and Central Sugar Company Limited have signed a US$10.8 million agreement to establish a factory that would process cassava into starch for export. On completion, the factory aims to process 200 tonnes of cassava on a daily basis and is expected to employ about 115 persons and 2,000…

FAO and AfDB join forces to mobilize US$100m agricultural investment in Africa

GHANA- United Nation’s agency Food and Agricultural Organisation (FAO) and the African Development Bank (AfDB) have joined forces to mobilize US$100 million investment aimed at boosting the agricultural sector in Africa. The initiative projected to run for the next five years is also geared at tackling hunger, malnutrition and increase economic prosperity on the continent.…

COCOBOD opens Shea office as government plans to set up board by 2024

GHANA - The government cocoa regulatory agency, Ghana Cocoa Board (COCOBOD) has opened a Shea Unit Office in Tamale to serve as an operational secretariat to develop the industry through supply chain in the region. Meanwhile, the government is planning to set up a Shea Development Board by 2024 in a bid to transition the…