CMC secures gulf offtake deals for Ghana’s semi-finished cocoa ahead of Mahama’s 50% local processing mandate
The Cocoa Marketing Company (CMC) Ghana Limited has secured firm offtake commitments across the United Arab Emirates and Saudi Arabia for Ghana's semi-finished cocoa products, in a move that strengthens the commercial footing of the country's push toward domestic value addition under President John Dramani Mahama's 50 percent local processing mandate.
Cocoa Marketing Company (CMC) Ghana Limited locks in demand from the UAE and Saudi Arabia for Ghana's value-added cocoa products.
Saudi Arabia's expanding confectionery and food-processing sectors make the Kingdom an increasingly significant destination for value-added cocoa, and a natural partner for a Ghana determined to capture more of the value chain.
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