Ghana’s COCOBOD Signs $1.3bn Syndicated Loan for 2019/20 Cocoa Crop Purchase
The Ghana COCOBOD on Friday, September 13, signed its annual cocoa loan syndication deal in Paris, France with some 20 banks including Societe General, Nedbank, MUFG, and NET-IXIS.
This comes after Parliament’s approval for COCOBOD to…
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European Union Endorses Cocoa Price Increase for Sustainable Production
Higher prices are needed to ensure cocoa production becomes more sustainable, a senior European Union official said on Tuesday, backing plans by top growers Ivory Coast and Ghana to levy a “living income differential” on sales.
“Ivory…
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Ivory Coast, Ghana Looking to Regulate Cocoa Industry’s Sustainability Schemes
Ivory Coast and Ghana will meet major chocolate makers and grinders in Abidjan on Wednesday to make plans to regulate the industry’s efforts to source cocoa sustainably, multiple trade and government sources told Reuters.
The plan comes…
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CEO of Ghana’s Cocoa360 Shadrack Frimpong Appointed Editor of Yale’s Prestigious Health and Policy…
You might not have heard his name but the bottom-to-the-top tale of Shadrack Osei Frimpong is as riveting as it is inspiring.
Frimpong spent his childhood in Tarkwa Breman in Ghana’s Western Region with no electricity nor running water…
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Mondelez Pays $3.36m Cash Premium to 334 Cocoa Communities in Ghana
MONDELEZ INTERNATIONAL, a global manufacturing company through its cocoa life programme announces for the 2018/2019 crop year that a total number of 29,116 registered cocoa farmers in 334 cocoa communities in Ghana have received a cash…
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The Global Coffee Fund: Mixed Reaction Greets Prof. Jeff Sachs’ Coffee Sustainability Proposal
Professor Jeffrey Sachs’ long-awaited plan to help coffee farmers earn more and make the coffee supply chain more sustainable has had a mixed reaction
Professor Jeffrey Sachs unveiled his study on 10 July 2019 at the World Coffee Producers…
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Ghana President Akufo-Addo Commissions OmniFERT Fertilizer Factory
Ghana's President, Nana Akufo-Addo, has commissioned the OmniFert Fertilizer Factory, a wholly-owned Ghanaian fertilizer manufacturing company.
At the commissioning ceremony on Friday, 6th September, 2019, President Akufo-Addo applauded…
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COCOBOD Launches 2019 Cocoa Day Celebrations with a Call for Increased Cocoa Consumption
The Ghana Cocoa Board (COCOBOD) has launched the 2019 Ghana Cocoa Day with a call on Ghanaians to consume more cocoa.
In so doing, we benefit from its health properties and collectively contribute more into our local economy and wealth of…
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COCOBOD to Invest Funds for Farmers Scholarship Scheme into Schools Infrastructure
Ghana's cocoa sector regulator, COCOBOD, has hinted of plans to invest funds for the COCOBOD Farmers Scholarship Scheme into schools infrastructure development for needy cocoa communities.
The scholarship scheme, widely known as COCOBOD…
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Barry Callebaut Launches Clean Label Cocoa Powder
Chocolate and cocoa company, Barry Callebaut, has launched a clean label cocoa powder made from chicory root fiber.
Chicory is a plant grown throughout Europe. Its roots are used to make a caffeine-free coffee substitute, while its leaves…
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