COCOA POST

Swiss chocolate manufacturer, Felchlin, has unveiled a new couverture made 100 percent from the Cocoa fruit, with no extra ingredient. Made of Bolivian cocoa beans, the chocolate is sweetened with cocoa pulp juice from Ghana and becomes…
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A software for purchasing and monitoring cocoa electronically is set to drive the cash-lite agenda for financial inclusion in the country. Popularly called CocoaAsempa, the software has enhanced financial intermediation and inclusion…
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Ghanaian cocoa farmer cooperative, Kuapa Kooko, has lost 80 percent of its majority shares in British chocolate brand, Divine Chocolate, to a strategic investor. Kuapa Kokoo cooperative, which hitherto owned 45% majority shares in the…
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Ghana Cocoa Board (COCOBOD) has this month, June 2020, completely paid up the $1.3-billion syndicated loan facility contracted for the 2019/2020 cocoa crop purchases. The September 2019 facility signed in Paris, France, was put together by…
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KitKat has severed its ties with Fairtrade, despite the organisation behind the scheme warning that thousands of farmers would be hit by the move. The Swiss-owned food giant said it would now source its cocoa for KitKat bars from farms on…
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Ghana Cocoa Board (COCOBOD) on Tuesday unveiled the $600-million cocoa syndicated loan facility to revamp the West African country's cocoa sector. The COCOBOD loan was pooled by a consortium of development finance institutions namely the…
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The Chief Executive of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has appealed to cocoa farmers in the country to adhere strictly to all the safety protocols in the fight against the COVID19 pandemic. He noted that many people,…
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Ghana Cocoa Board, COCOBOD, is set to launch a US$600 million Syndicated Loan Facility tomorrow, 23rd June 2020, to enhance crop production and also invest in local processing and consumption efforts. The African Development Bank…
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International lenders have refused to underwrite the risk of $1.3 billion cocoa syndication loan for the 2020/21 crop season. These international lenders, according to Reuters, have cited the uncertainty amid the Coronavirus Pandemic as…
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