Chocolate prices will likely climb even higher as West African cocoa processing plants can no longer afford to buy the bean. According to Reuters, state-owned Transcao, one of Cote d’Ivoire’s largest ...
LONDON/ACCRA — Major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, meaning chocolate prices around ...
The Founder and Group Managing Director of CapitalSage Holdings, John Alamu, has disclosed that processing cocoa into finished products for export is now far more profitable to Nigeria’s economy than ...
The Cocoa Processing Company (CPC) has welcomed Cabinet’s directive that at least 50 per cent of Ghana’s cocoa beans should be processed locally. Mr Osei Kwame Griffiths, Deputy Managing Director ...
All cocoa powders come from cocoa beans, but the difference lies in how they’re processed. Cocoa powder can range from light tan to jet black with varying pH levels that affect how it interacts with ...
Daniel Danino is the CEO and founder of Volta Metals, an international group focused on energy, agriculture and commodities in EMEA. Africa, rich in natural resources, is often described as the ...
Cargill Inc. has halted cocoa grinding in Ivory Coast as poor-quality beans with unusually high levels of waste material curb yields and risk damaging machinery, according to people with knowledge of ...
The minister for finance, Dr Cassiel Ato Forson, has announced a new policy aimed at significantly increasing the local processing of cocoa beans as part of broader reforms to ensure financial ...
Producing chocolate, one of the world's most beloved sweets, is a multistep process beginning with freshly harvested cocoa beans. People have been experimenting with chocolate-making for millennia, ...
YAOUNDE (Reuters) - Cameroon plans to double its cocoa processing capacity to about 30 percent of its total production or nearly 70,000 tonnes of beans per year by adding 10 new processing units, a ...
A cocoa company from the western African nation of Ghana says it's opening a processing plant in Franklin that would be the largest food and beverage investment by an Africa-based company in the U.S.