The Board and Management of the Cocoa Processing Company PLC (CPC), has paid a courtesy call on Ghana’s Vice President, Professor Naana Jane Opoku-Agyemang.
The meeting was for the CPC to acknowledge the Vice President’s sustained advocacy for promoting Ghana’s cocoa products both locally and internationally.
The CPC’s Board and Management presented a citation of honour to the Vice President in recognition of her advocacy for value addition and promotion of Ghanaian-processed cocoa products.
Prof Opoku-Agyemang, during the meeting, reaffirmed the government’s commitment to strengthening Ghana’s cocoa value-addition drive.
She underscored the strategic importance of processing more of Ghana’s cocoa locally to boost national revenue, enhance competitiveness, and position the country advantageously within emerging regional and global markets.
She commended the CPC for recording a 100 per cent increase in the share price over the last three months, indicating that the move meant a renewed investor confidence and a positive operational trajectory.
The Vice President added that the rising number of international visitors and prospective partners engaging with CPC reflected global recognition of Ghana’s growing processing capacity and therefore encouraged the company to intensify its marketing and distribution efforts.
Prof Opoku-Agyemang noted that senior high schools were a significant yet untapped market that could promote local consumption and support youth nutrition.
She stressed that the African Continental Free Trade Area provided a strong platform for the CPC to expand its footprint across the continent as part of Ghana’s broader push for value addition and industrialisation.
Professor William Coffie, the Managing Director of CPC, speaking on behalf of the delegation, outlined the progress made and key needs of the company and asked for the support of the government to bring back the company’s lost fortunes.
Prof Coffie highlighted increasing international interest in CPC’s operations and the growing market opportunities as some significant indicators under the new leadership of the company.
He said to strengthen the company’s competitiveness within the sub-region, there was the need for enhanced financial and infrastructural support, as that would also help the company scale up production to meet rising demand.
The meeting, according to the CPC, reaffirmed a collective commitment to deepening collaboration to advance Ghana’s cocoa value-addition agenda and transition the Ghanaian cocoa sector from exporting raw beans to exporting more Ghanaian-branded processed products.
Source: Access Agric
