PBC, AMG launch cocoa sensitization programme in Ghana to boost productivity

GHANA – The Produce Buying Company (PBC) LTD one of the leading cocoa marketers in Ghana in partnership with the Agricultural Manufacturing Group Limited (AMG) have launched an intensive cocoa sensitization program in Ashanti region […]

Ghana, Cote d’Ivoire to begin implementing cocoa floor price in 2020/2021

WEST AFRICA – Ghana and Cote d’Ivoire have scheduled the 2020/2021 season as takeoff for implementation of the agreed minimum price for cocoa produced in the two countries. As per the provisions of the agreement, […]

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 […]

World’s leading cocoa producers agree on ‘additional’ US$400 income for farmers

COTE D’IVOIRE – Ghana and Cote D’Ivoire, the world’s leading cocoa producers accounting for 65% of global cocoa output, have firmed up on their decision on the cocoa floor with a follow-up meeting in Abidjan. […]

Ivory Coast aims at achieving sustainable cocoa sourcing by 2024

IVORY COAST – Ivory Coast, the world’s leading cocoa producer, has unveiled that it plans to stamp out illegal cocoa production from national parks and forest reserves over the next five years. As the West […]

Nigeria’s Agro Traders Limited to get US$5.55m to boost cocoa exports

NIGERIA – Agro Traders Limited, a Cocoa processing and export company in Nigeria is set to receive US$5.55 million (N2bn) to boost cocoa processing and exports. The funding will be provided by Nigeria Incentive-Based Risk […]

Ten Senses to construct nut processing facility under Kenya-EU project

KENYA – Ten Senses Fair Company is set to construct a new cashew nut processing factory in Kilifi, coast region of Kenya under the recently unveiled European Union funding in the country’s agro-processing sector. The […]

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 […]

Foundation unveils five year plan to revive Nigeria’s cocoa sector

NIGERIA – Foundation for Partnership Initiatives in the Niger Delta (PIND) has unveiled a five-year plan to revitalise Nigeria’s cocoa sector aimed at increasing productivity. The Executive Director, Dr. Dara Akala, said that the initiative […]