Cocoa is Ghana's most important agricultural product. However, traditionally, a high percentage of cocoa beans is exported with low- to no value added locally. Supported by this investment, Niche will expand its range of activities to cover the entire value chain - from bean-to-bar - within Ghana. This will lead to further employment, technical know-how, and value addition within the cocoa sector, all of which contribute to the country's socio-economic development. The USD 9M facility will be used to purchase an instant powder line, a ready-to-drink line, and equipment for producing chocolate spreads.
Niche Confectionery Ltd. is a Ghanaian producer of chocolate products. Niche Confectionery is owned by Niche Cocoa Industry Ltd., the largest independent cocoa processor in Ghana with a capacity of 90.000 tons per year. The group was founded in 2011 and is 100% Ghanaian owned. Niche Confectionery produces finished chocolate products such as bars, spreads, and drinks for the local market as well as export.
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