Listen to music while browsing

Sheanut Processing Factory For Buipe

Source: GNA - newtimesonline.com

Ghana and Brazil have signed a seven- million- dollar agreement for the establishment of a sheanut processing plant at Buipe in the Northern Region.

The facility, which would start operations in August, would be the first of the three plants to be established under the Savannah Accelerated Development Authority.

This was the outcome of a six-day visit to Brazil by a six-man delegation, led by Mr Mike Obuobi, a senior aide to the Vice President.

Mr Oboubi told the Ghana News Agency in Accra on Tuesday that the plant would cost $6.5 million while civil works would attract $500,000.

The agreement was between Ghana Cocoa Board (COCOBOB), Saka Worldwide Trading Limited, a Ghanaian company, and Sysgate Brazil Limited to purchase and process 40,000 tons of sheanut.

According to Mr Obuobi, the plant would directly employ 50 workers while more than 5,000 others would be engaged to prune the trees, pick and transfer the nuts to the processing plant.

Mr Obuobi said Curotibah, a company in Brazil, would buy about 5,000 tons of the processed sheanut, while many other companies had expressed interest in the processed product.

Other members of the delegation were William Mensah, Deputy Chief Executive of COCOBOD, Mr George Boateng, Chief Executive of the Produce Buying Company (PBC), Mr Sam Saka, Chief Executive of Saka Worldwide Trading Limited, Mr Anthony Boakye, Deputy Managing Director, (Operations) of the PBC and Mr Ernest Attoh, Production Supervisor of West Africa Mills Limited.

experience is very important but it is not everything
By: Macdonald Ayang Okum

IMF: Ghana could be HIPC by end of

Friday, April 17, 2015

According to the International Monetary Fund (IMF), Ghana's total public debt co ...
read more »

Ghana loses injunction case in mari

Saturday, April 25, 2015

The International Tribunal for the Law of the Sea has ruled against Ghana in an ...
read more »

Insurance companies introduce sub-r

Wednesday, April 15, 2015

Drivers who commute across the ECOWAS Sub-region would not be required to re-ins ...
read more »

Businesses cry over Cedi fall

Wednesday, April 15, 2015

Business owners are resorting to retrenching their employees as the cedi continu ...
read more »