Ghana's value-added cocoa industry has received a boost after Cocoa Marketing Company (CMC) Ghana Limited secured firm offtake commitments in the United Arab Emirates and Saudi Arabia for a range of semi-finished cocoa products.
The agreements cover cocoa liquor, butter, cake and powder, providing guaranteed demand for output from Ghana's existing processing facilities while supporting the government's goal of processing at least 50 percent of the country's cocoa locally.
The market access was secured through engagements led by CMC Managing Director, Dr. Wisdom Dogbey.
In Dubai, discussions with the Dubai Multi Commodities Centre focused on linking Ghanaian cocoa products with processors and traders across the Middle East and Asia, opening new commercial opportunities beyond the country's traditional export destinations.
In Riyadh, CMC secured commitments to supply cocoa products to Saudi Arabia, where demand is expected to grow alongside the Kingdom's expanding confectionery and food processing industry under its Vision 2030 economic diversification programme.
Supporting Local Processing
CMC described the agreements as a significant step toward strengthening Ghana's value addition agenda by ensuring that increased domestic processing is matched with reliable international demand.
The company said the new partnerships will help diversify export markets, improve utilisation of local processing capacity and reinforce efforts to position Ghana as a leading supplier of premium value-added cocoa products.
The latest breakthrough reflects a broader strategy to move beyond exporting raw beans and capture greater value from Ghana's cocoa industry through processing and expanded access to global markets.
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