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    Bono East Minister Champions Crop Protection as Key to Food Security at 3rd GACA Opening

    Bono East Minister Champions Crop Protection as Key to Food Security at 3rd GACA Opening

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    Access to the International Capital Market is a Sovereign Decision of Ghana – IMF

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    IMF warns BoG Gold Scheme could Weaken Central Bank Balance Sheet

    IMF warns BoG Gold Scheme could Weaken Central Bank Balance Sheet

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    China abruptly Halts US Beef Export Licenses after Renewal

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    KIC School Farm Awards 2025 Set to Inspire a New Generation of Agripreneurs

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    Ghana’s school gardens/farms need more than good intentions – Alfred Adjabeng writes

    Students experience practical agriculture through Tilly’s Farm Porktober programme

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    A/R: Agrinvest and KITA expand mechanization access for young agripreneurs under YEFFA

    A/R: Agrinvest and KITA expand mechanization access for young agripreneurs under YEFFA

    AI Can Transform Animal Production – Prof. Dadson Awunyo-Vitor

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    Global economic growth to remain steady if oil price shock is not prolonged – Fitch

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Home Agrihouse Trends

COCOBOD, Swiss Firm Sign Pact to Initiate Cocoa Processing

by AgriWatch
June 22, 2021
in Agrihouse Trends, Agro-Market, Crops, National Trends
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COCOBOD, Swiss Firm Sign Pact to Initiate Cocoa Processing
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The Ghana Cocoa Board (COCOBOD) and a Swiss Cocoa Processing Company, Buhler, has signed a memorandum of understanding (MoU) to process Ghana’s cocoa into finished products for the local and the international market.

The agreement also seeks to enable COCOBOD to tap into the expertise of the company in chocolate processing through training, product development and technology guidance, with the goal of building a robust local capacity in cocoa processing and value addition to meet both domestic and international consumption demands.

The agreement was signed at Buhler’s Abidjan office in Cote d’Ivoire last Sunday.

The Chief Executive of COCOBOD, Mr Joseph Boahen Aidoo, signed on behalf of the board, while the President of Buhler for the Middle East and Africa, Mr Heiko Feuring, initialled it for the company.

Impact

The CEO of COCOBOD said the agreement would fortify the relationship between Ghana and Switzerland, as well as enable both country’s to share more experiences in cocoa processing, where both are significant players.

Mr Aidoo said Buhler was one of the top-class organizations in the world when it came to chocolate technology, emphasizing that Ghana would leverage the agreement to also enrich its cocoa sector.

“We want to move from traditional cocoa production to a modern way of cocoa production. We also want to move from the supply of the mere primary commodity to value addition, and that is where we find you to be a partner,” the COCOBOD boss said.

He added that Ghana, as a matter of urgency, needed to build its capacity to add value to the cocoa it produced, “that means it has to acquire the latest technologies for efficient processing, as well as chocolate and other cocoa product development” he stressed.

Response

For his part, Mr Feuring commended the COCOBOD CEO and the team from Ghana for the efforts towards building a sustainable and prosperous cocoa value chain for Ghana.

“We hope this memorandum of understanding will be the landmark of a new fruitful and long-lasting collaboration to unlock the Ghanaian cocoa value chain potential.

“We want to support Ghana in its march towards a higher value creation for the benefit of all Ghanaians,” he said.

Mr Feuring gave an assurance that Buhler would offer its expertise to Ghana in its effort to build a solid local processing industry to tap into the $100 billion cocoa and chocolate industry.

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Agric Minister, Dr Akoto chairs Ghana-Cote d’Ivoire Cocoa Initiative

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