Dangote Eyes Ghana Cocoa Hub, Opens Talks with Ghanaian Government on 500,000-tonne Deal
Ejiofor Alike The Chairman of Dangote Group, Alhaji Aliko Dangote is in talks with the Ghanaian government over a proposed cocoa-processing arrangement involving 500,000 metric tonnes, as the country seeks
Alhaji Aliko Dangote, Chairman of the Dangote Group, is engaged in discussions with the Ghanaian government regarding a potential cocoa-processing deal involving 500,000 metric tonnes. Ghana's Finance Minister, Dr. Cassiel Ato Forson, announced these ongoing talks during an interview following the presentation of the country's 2027 Budget to Parliament.
The proposed arrangement aims to expand domestic processing of Ghana's cocoa value chain, supporting the government's goal to move more of its cocoa production within the nation's economy. Forson revealed that negotiations are ongoing, with terms under review, and no signed agreement or disclosure of investment value, processing location, implementation timetable, or period covered by the proposed 500,000-tonne deal has been made.
The initiative aligns with Ghana's broader agricultural modernization program, aiming to reduce expenditure on imported food products and strengthen economic connections between agriculture and industry. The new Cocoa Board Act and legislative instrument before Parliament would include mandatory local-processing requirements, with a legislative timeline set to increase domestic processing to meet the government's targets.
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