The Cocoa Processing Company (CPC) has hosted a delegation from China’s Hunan Accra Cocoa Food Trading Co. Ltd (ACCRACO) to strengthen bilateral trade relations in the export of semi-finished cocoa products.
The visit culminated in the signing of a Cocoa Product Purchase and Supply Agreement between the two companies — a strategic move that marks a renewed commitment to expand trade and investment in Ghana’s cocoa sector.
The Chinese delegation was led by Ms. Yin Yingjie, Deputy Director of Commerce for Yiyang City in Hunan Province. She expressed optimism about the growing partnership, noting that the China–Ghana Cocoa Cooperation Agreement will not only deepen trade relations but also expand CPC’s market presence across China and the broader Asian region.
According to Ms. Yin, the cooperation will enable more of CPC’s semi-finished cocoa products to enter the Chinese market, supporting both state-owned and private enterprises involved in cocoa processing and value addition.
Receiving the delegation, Professor William Coffie, Managing Director of the Cocoa Processing Company, welcomed the partnership, describing it as one with short-, medium-, and long-term business prospects.
He highlighted CPC’s commitment to its turnaround strategy, which focuses on eliminating trade bottlenecks, improving capital flow, and building strategic partnerships to enhance the company’s competitiveness in China and other international markets.
“CPC remains committed to building sustainable global partnerships,” Prof. Coffie stated. “This cooperation with ACCRACO presents an important opportunity to scale up our exports, deepen value addition, and strengthen Ghana’s position in the international cocoa market.”
ACCRACO serves as the main distributor and intermediary for CPC in China, managing packaging, warehousing, and shipping of CPC’s products, while coordinating trade between CPC and key industry players within China’s cocoa value chain.
The newly signed Cocoa Product Purchase and Supply Agreement cements a long-term trade commitment for CPC’s Portem and Goldentree brands, positioning both companies to take advantage of the growing demand for high-quality cocoa products in Asia.
The partnership represents a significant milestone in Ghana–China trade relations, reinforcing Ghana’s drive to boost value addition, create jobs, and expand its footprint in the global cocoa industry.
