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Business News of Saturday, 13 April 2019

Source: 3news.com

COCOBOD chief worried about low per capita cocoa consumption

Joseph Boahen Aidoo, CEO of COCOBOD Joseph Boahen Aidoo, CEO of COCOBOD

Chief Executive Officer of Ghana Cocoa Board (COCOBOD) Joseph Boahen Aidoo has challenged participants at the just-ended Cocoa Validation Workshop in Accra to be cocoa consumption ambassadors and promote it wherever they find themselves.

Mr Boahen Aidoo indicated that if at least 50 per cent of Ghana’s cocoa yield can be processed, it was important for participants to be in the forefront of the cocoa consumption campaign.

He stressed that Ghanaians need to take advantage of the health and nutritional benefits of consuming cocoa, adding that Ghana cannot lose out on the benefits of cocoa whiles it produces premium quality cocoa.

He expressed worry at the low per capita cocoa consumption of 0.52kg for Ghana as compared to about 8kg for some western countries.

He noted that apart from the health and nutritional benefits of cocoa consumption, Ghana stands to gain when new markets like China, India and some parts of Africa are created to develop the taste for cocoa to increase revenue.

“Getting China and India alone to patronize Ghana’s cocoa would be a huge market opportunity to increase revenue and at the same time a good incentive to expand the industry,” he said.

He added that the Cocoa Validation Workshop was to finalize the Cocoa Sector Development Strategy II (CSDS II) document and urged all stakeholders to own it for effective implementation.