Business News of Friday, 7 August 2020Source: www.ghanaweb.com1D1F: Coronavirus and stiff competition bites Eku Juice growth projectionsplay videoCoronavirus and stiff competition have affected Ekumfi's growth projectionsAlthough many of the operational projections of Ekumfi Fruits and Juices Factory, producers of Eku Juice, have proceeded within expectations, the coronavirus pandemic and fierce competition on Ghana’s fruit juice market remain a challenge. It takes time for understand the difference between Eku Juice and the others,” he told journalists on Thursday, August 6, 2020, during a tour organised by its main financiers, Ghana Export-Import Bank (Ghana EXIM). The facility, one of the flagship programmes under the 1D1F has been described by agro-based think tank Alliance for Development and Industrialisation (ADI) as the biggest pineapple juice processing factory in West Africa. It came under attacked after it was launched for being just a ruse by the Nana Akufo-Addo, however, last year, the Eku Juice, the pineapple-base juice from the factory went on sale. Recently, Ekumfi Fruits and Juices Factory signed a strategic partnership deal with Central Fruits Processing Factory, a new citrus factory to build a complete fruits and juices hub.

Source: GhanaWeb August 07, 2020 14:03 UTC