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Latest From Obafemi Oredein
The Togolese government is currently making efforts to produce 25,000 tonnes of cocoa and process at least half of its output in the next 10 years, according to its minister of trade, Bernadette Legzim-Balouki.
Uganda plans to double its cocoa production levels by the end of 2019, the Cocoa Development Project (CDP) revealed.
Nigeria’s cocoa market is currently facing a shortage of hydrocarbon-free jute bags used in cocoa packaging, which is proving to be detrimental to its export trade.
Nigerian cocoa traders are not having the best of times due to the numerous problems besetting them.
Despite efforts to grind a substantial portion of its cocoa over a century after its first shipment of beans, Nigeria still exports a large percentage of its product in the same raw form.
Almost three years after Nigeria’s cocoa plan was set up, progress is lacking institutional driving force, bringing it almost to a halt.