Africa Sustainability Matters (ASM)’s Post

BN Group, a leading conglomerate with business interest in #FMCG, edible oil and speciality chemicals sectors, plans to invest about $1 billion to expand its edible oil business in Africa. https://trib.al/Tte0kYt

Understanding the best sourcing locations is crucial for commodity traders to procure high-quality cocoa at competitive prices when fulfilling orders on the Zowasel Marketplace. We highlighted the top 5 sourcing locations in Nigeria. Click the link to read the full article ▶ https://bit.ly/3vLLMM3

Adani Group Exits Edible Oil Business, Sells 43.94% Stake in Adani Wilmar The Adani Group has announced its exit from the edible oil and food business by selling its 43.94% stake in Adani Wilmar Ltd (AWL)... For more details: https://lnkd.in/dcPT-BtZ

🌍 Did You Know? Ghana’s lubricant market is overwhelmingly dependent on imports, with millions of dollars flowing out of the country every year for foreign products. From automotive oils to industrial greases, our nation spends over $20 million annually just to meet local demand. 💡 But What If We Could Change That? At PureLube we see an opportunity to rewrite this story. Using the incredible potential of Cashew Nut Shell Liquid (CNSL)—a resource found right here in Ghana—we’re creating affordable, sustainable, and high-quality lubricants that keep both machines and the economy running smoothly. Here’s how we’re making a difference: ✅ Cutting Import Reliance: By producing locally, we save millions and keep wealth in Ghana. ✅ Empowering Communities: Creating jobs and building skills for the future. ✅ Eco-Friendly Innovation: Reducing the carbon footprint of imported goods while utilizing a renewable resource. 🇬🇭 The solution isn’t overseas; it’s right here, in our backyard. Together, we can build a self-sufficient lubricant industry that benefits our economy, supports local businesses, and helps protect the environment. Join us in driving Ghana forward—powered by innovation, sustainability, and local pride. 📢 Let’s take charge of our future! Kosmos Innovation Center Ghana Mastercard Foundation #MadeInGhana #PureLube #2025KICPro #Sustainability #EconomicEmpowerment #Innovation #GreenTech #CNSL #LocalProduction #ImportSubstitution #EconomicGrowth #Lubricants

Exploring the Cocoa Value Chain in Ghana: A Journey Through Trade and Transformation In the vibrant landscape of Ghana’s cocoa industry, the early 1990s marked a pivotal turning point. The Ghanaian government embarked on a path of gradual reforms, starting with the liberalization of internal marketing and the privatization of input distribution—think chemicals and fertilizers. This shift opened the door for licensed buying companies, both local and international, to take on the internal trading of cocoa. These licensed buying companies operate under a unified model known as C2B, a system that connects farmers directly with the market. At the heart of this intricate trading value chain are three key players: the dedicated farmer, the astute purchasing clerk, and the savvy district manager, who serves as the face of the licensed buying company in the region. Overshadowing it all is the essential role of the quality control officer, ensuring every batch of cocoa meets the highest standards of quality. But what truly happens behind the scenes in this dynamic environment? How do the interactions between farmers, purchasing clerks, and district managers shape the cocoa trade? This series will peel back the layers of the upstream activities, revealing the authentic experiences and characteristic nuances of these vital participants in the cocoa story. Stay tuned as we dive deep into the rich tapestry of Ghana’s cocoa value chain!

Adani Group Exits Edible Oil Business, Sells 43.94% Stake in Adani Wilmar The Adani Group has announced its exit from the edible oil and food business by selling its 43.94% stake in Adani Wilmar Ltd (AWL)... For more details: https://lnkd.in/d-NakPif

One of the leading producers of Palm Oil that currently trades on the Ghana Stock Exchange is Benso Oil Palm Plantation Plc (BOPP). Listed in 2004 and comprises of Unilever GH as a majority shareholder. For 20 years, Benso Oil Palm has contributed positively to the Agro-processing Industry of Ghana with it's shares currently trading at 22 cedis/share. Despite challenging macro-economics conditions in the year 2022, their Audited Financial Report highlighted resilience in business operations and strong performance. Earnings per share (EPS) grew by 73.5% from the previous year to 4.61 Ghana cedis. The total dividend paid was 72.9million cedis representing 2.07 cedis per share which increased by 95.3% from 2021. Profit for the year after tax came to 160.35 million cedis, 73.5% up from 2021. With a healthy cash position as at the end of their Financial year (47.73million cedis), they have a positive outlook in the near future. Ghana Investment Promotion Centre Ghana Stock Exchange Santosh Pillai Dr. Alfred Braimah

In the PK24 industrial park on the outskirts of Abidjan, Cote d'Ivoire's economic capital, a cocoa processing plant and cocoa bean warehouse are nearing completion. The project, contracted to China Light Industry Nanning Design Engineering Co., Ltd., is set to become Cote d'Ivoire's largest domestic cocoa processing facility, boosting the local cocoa industry's development.The cocoa sector is a pillar of Cote d'Ivoire's economy. According to the Coffee-Cocoa Council of Cote d'Ivoire, cocoa exports make up 40 percent of the country's total export revenue, and 6 to 8 million people in the country work in relevant industries.However, Cote d'Ivoire's cocoa industry faces an urgent need to increase product value and achieve industrial upgrading. Statistics showed that in 2019, only 35 percent of Cote d'Ivoire's cocoa was processed locally. According to the International Cocoa Organization, the global chocolate market is valued at about $100 billion, but only 6 percent of this value reaches cocoa-exporting countries, with a mere 2 percent trickling down to cocoa farmers."The Ivorian government's vision is to process 100 percent of our cocoa beans locally. We hope to increase Cote d'Ivoire's cocoa processing rate with China's help. This is crucial for our country," said Kone Brahima Yves, director general of the Coffee-Cocoa Council of Cote d'Ivoire, in an interview with People's Daily. https://lnkd.in/dW7UvAdN

Datuk Seri Johari to officiate the Pakistan Edible Oil conference (PEOC) KEY TAKEAWAYS: 1) Strengthening Bilateral Ties: Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani’s visit to Pakistan for the Pakistan Edible Oil Conference (PEOC) aims to bolster Malaysia-Pakistan relations, particularly in the palm oil and edible oils industry. 2) Promoting Sustainable Palm Oil: Johari will emphasise Malaysia's leadership in #sustainablepalmoil production during his keynote address, highlighting its role as a trusted and high-quality supplier amid rising global demand for #edibleoils. 3) Enhancing Trade and Collaboration: The minister’s engagements, including bilateral discussions, a roundtable meeting, and promotion of joint ventures, focus on recapturing market share in #Pakistan and fostering innovative trade partnerships to drive international progress in the #edibleoil sector. Read full news here: https://buff.ly/3BTpr2q Help your network stay informed, share this #MPOC post!

The hottest commodity in bougainville right now is cocoa, for the first time in the history of this country our cocoa farmers are currently experiencing a bonanza of price hike never seen before, with a severe desert dry winds wracking awork of Ivory Coast and Ghana as the largest producers of world cocoa and deminising production has resulted in high demand for supply in the world market. One bag of dry bean of cocoa bag of 63.5 kg is now going for unbelievable K1,900.00 plus. We have an incredible increase in cash flow in the region that will last until the end of the year as predicted.As the leading producer in Papua New Guinea,the production is around 15,000 to 17,000 Metric tonnes and will further increase with new plantings with the increase in price. Our biggest risk would be compromising of quality with under dried,under fermented cocoa beans at the exporters sheds.