Tag: Ghana

Africa Food Manufacturing & Safety Summit (AFMASS) Conference & Expo – Western Africa edition

AFMASS Western Africa is the largest food, beverage and milling industry's largest conference and exhibition attended by key decision makers from Western Africa Africa to trade, network and learn the latest processing, packaging and safety technologies. Bringing together delegates and visitors from Nigeria, Ghana, Cameroon, Benin, Ivory Coast and surrounding countries in Western Africa, AFMASS…

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

Food Business Africa

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…

COCOBOD to pump US$600m into cocoa sector to revive the industry

Food Business Africa

GHANA - The Ghana Cocoa Board (COCOBOD) will invest US$600 million into the cocoa sector in a way to revive the industry in the country, GNA reports. Making the announcement, Mr Joseph Boahen Aidoo, the Chief Executive of COCOBOD said the board had almost finished negotiations to secure the credit facility from the African Development…

COCOBOD to introduce organic fertilizer on cocoa farms

Food Business Africa

GHANA - The Ghana Cocoa Board (COCOBOD) has unveiled plans to introduce use of organic fertilizer on cocoa farms in another strategy to increase yields and cocoa production in the country. The fertilizers will help in enriching the soil as opposed to use of chemicals and weedicides that has affected the soil fertility and yields…

Nestle Ghana appoints Philomina Tan as new Managing Director

Food Business Africa

GHANA - Nestle Ghana, a global food and beverage company has appointed Philomina Tan as new Managing Director effective August 2018, succeeding Mrs Freda Duplan who has been promoted as the Market Head of Nestlé Pakistan. Tan was Business Executive Officer (BEO) for Milo Malaysia and Singapore and in her new role she will be…

Parliament approves COCOBOD’s US$1.3bn trade finance for cocoa

Food Business Africa

GHANA - A US$1.3 billion trade finance facility between Ghana Cocoa Board (COCOBOD) and a consortium of banks and financial institutions for the purchase of cocoa for the 2018/2019 crop season has been approved by the parliament. The facility holds the government of Ghana as the guarantor and was granted on merit that cocoa industry…

Government’s flagship program yields 707,150MT increase in grains production

Food Business Africa

GHANA - Ghana’s cereals and legumes production increased by 707,150 metric tonnes attributed to the flagship programme introduced by the government to promote growth in food production and create jobs across the country. The campaign, ‘Planting for Food and Jobs (PFJ)’ is a five-year policy geared towards increasing food productivity and ensure food security for…

Local banks commit US$915m to the one district one factory (1D1F) project

Food Business Africa

GHANA - Ten local banks have committed a total of US$915.03 million to fund the one district one factory (1D1F) programme, a government of Ghana policy that aims to create employment while enhancing industrialization, GNA has reported. The funding will help in the implementation of the project which has already started for 37 factories under…

Nestle to reward US$1.08m to cocoa farmers under the Nestlé Cocoa Plan (NCP)

Food Business Africa

GHANA - Nestle Ghana Ltd will reward US$1.08 million to over 17,615 farmers under the Nestlé Cocoa Plan (NCP) as the company looks to doing business profitably while ensuring sustainable development in the community they operate. The increased premium payment is geared at motivating farmers for quality cocoa production, meet production standards, increase local sourcing…

Ghana Cocoa Board to boost cocoa production to one million metric tonnes

Food Business Africa

GHANA - Ghana’s Cocoa Board (COCOBOD) has announced that it expects to increase cocoa production to one million metric tonnes as a result of combined efforts to improve crop yield, reported GNA. According to Dr. Yaw Adu Ampomah, the Deputy Chief Executive, COCOBOD, the Board was also charting a new course that would enable it…