Business News of Monday, 21 December 2020Source: www.ghanaweb.comAfCFTA: CPC to leverage on implementation to turnaround ill-fortunesGhana and Cote d’Ivoire are responsible for 65% of the raw cocoa beans used in making chocolatesCocoa Processing Company (CPC) Limited says it plans to leverage on the implementation of the African Continental Free Trade Area (AfCFTA) agreement come next year. According to a member of CPC’s management, the move has become necessary to reverse the ill-fortunes that have impacted on the operations of the cocoa processing company. “We have started rebranding our confectionary products to make ready for the AfCFTA market. “We inherited a GH¢180 million debt when we took over in 2017. For the previous year, the CPC recorded a loss of US$7.2million.

Source: GhanaWeb December 21, 2020 08:37 UTC