Dr. Mahamudu Bawamia, assured that the government will support the domestic entrepreneurs and firms that are interested in cocoa value addition. During the launch of the National Chocolate week in Accra, the CEO of COCOBOD, insisted that Ghana has ambitious goals of increasing the domestic consumption of cocoa and its products.
“There are various efforts to ease the setting up of Cocoa processing companies, to ease the operations of cocoa processing companies and to stimulate the consumption of Coco. We have moved from 25% to about 40% of our beans being produced locally, and the target is to hit 50% in the shortest time possible, “he noted.
Besides, the CEO also revealed that the government is coordinating with the financial institutions to ensure that the processing companies acquire the desired amounts of beans to deliver the value-added product that they require. As a way of promoting Cocoa and the overall Ghanaian economy, he encouraged COCOBOD to increase the Cocoa consumption per capita.
“The board is poised to strengthen its local incentive packages to encourage local processors and artisanal chocolate makers. The incentive will ensure that the processors are able to access more beans and produce innovative chocolates,” the CEO stated.