Vice President Professor Naana Jane Opoku-Agyemang has called for intensified local processing of Ghana’s cocoa as a strategic pathway to boost national revenue, create jobs, and strengthen the country’s competitiveness in regional and global markets.
She made the call during a strategic meeting with the leadership of the Cocoa Processing Company (CPC), led by Managing Director Professor William Coffie.
The engagement focused on expanding Ghana’s cocoa value-addition agenda and improving the market presence of Ghanaian cocoa products.
“Processing our cocoa locally is not just an economic priority; it is central to Ghana’s industrial growth and economic sovereignty,” the Vice President stated. “By adding value here at home, we ensure that Ghanaian cocoa products compete strongly in both African and international markets.”
CPC highlighted several recent achievements, including a 100% increase in its share price within the past three months, an indication of growing investor confidence. Professor Coffie noted, “The growth in our share price demonstrates global recognition of Ghana’s cocoa potential and CPC’s commitment to excellence.”
The Vice President also encouraged CPC to broaden domestic distribution channels, particularly by targeting senior high schools across the country.
She described this as an untapped market capable of increasing local consumption, supporting youth nutrition, and nurturing a new generation that values Ghanaian-made products.
On continental expansion, Professor Opoku-Agyemang pointed to the opportunities presented by the African Continental Free Trade Area (AfCFTA).
“CPC has the opportunity to take Ghanaian cocoa products across Africa. AfCFTA provides a platform to grow markets, enhance competitiveness, and showcase our high-value products to the world,” she said.
Concluding the meeting, the Vice President reaffirmed government’s support for strategic institutions such as CPC. “Our mission is to transform Ghana’s cocoa sector from exporting raw beans to exporting proudly Ghanaian, high-value products. CPC is leading this effort, and the government will continue to back them fully,” she affirmed.
Source: Myxyzonline.com
