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Must Ghana panic over China s first ever cocoa export to Europe?

Must Ghana panic over China s first ever cocoa export to Europe? By Felix Kwame Quainoo Felix Kwame Quainoo The international media and Ghana s local media have been awash with news of China s first ever export of cocoa beans to Europe, precisely Belgium. According to the Chinese Academy of Tropical Agricultural Sciences (CATAS) the first batch of 500 kg of cocoa beans worth 3,044 euros (about $3600) was produced in the Xinglonga township of south China s island province of Hainan which has a tropical climate. This was first reported by China Daily. This news seems to have unsettled Ghanaians both home and abroad and rightly so because apart from Ghana being the world s second largest producer and exporter of cocoa, cocoa is also the single most important export crop of Ghana raking in millions of dollars annually for the West African cocoa producing giant. It is a well-known fact that Ghana s economy cannot survive without cocoa. Cocoa is unarguably the life blood of Ghana. Ghan

China cocoa no threat to Ghana - Expert

705 A farmer with experience in cocoa production has allayed fears about the supposed threat posed to Ghana’s share of the global cocoa market following the entry of China into cocoa production. The Akyeamehene of the Akuapem Traditional Area, Nana Aduna II, said China’s entry into cocoa production should challenge Ghana to be more aggressive about adding more value to its cocoa beyond chocolate and cocoa powder. In addition, he said, under the One-District, One Factory policy, there should have been a special initiative built around cocoa to boost the produce. New motivation Nana Aduna, who is also the Chief Executive Officer of Ohene Cocoa Company Limited, told the Daily Graphic that China’s entry could be the push and the boost Ghana needed to develop simple local technologies to add value to its cocoa.

Ghana: Press highlights launching of $15m fund for Black Stars, others

Ghana-Press-Review April 27, 2021 to 09:58 90 APA – Accra (Ghana) The launch of a $15-million fundraiser from Corporate Ghana to support the Black Stars’ bid to win the AFCON 2022 in Cameroon and reach at least the semi-finals of the 2022 FIFA World Cup in Qatar and the report that the entry of China into cocoa production may not affect Ghana’s share of the global cocoa market are some of the trending stories in the Ghanaian press on Tuesday. The Graphic reports that President Nana Addo Dankwa Akufo-Addo yesterday set the nation on the path to claim its rightful place in continental and global football when he launched a $15-million fundraiser from Corporate Ghana to support the Black Stars’ bid to win the AFCON 2022 in Cameroun and reach at least the semi-finals of the 2022 FIFA World Cup in Qatar.

Yara Ghana bags two awards at second edition of Ghana Cocoa Awards

Yara Ghana bags two awards at second edition of Ghana Cocoa Awards
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