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15.05.2008 Business & Finance

Cocoa Industry to earn £30m Cadbury support

By Stephen Odoi-Larbi - Ghanaian Chronicle

The Cocoa industry would from the next ten years benefit from a £30million support from Cadbury International, towards improving its activities to ensure growth whilst maximising profit.

The investment package is to support cocoa farming communities and it also aims at improving their incomes and raising standard of living among over one million cocoa farmers over the next decade.

The package also aims to increase farmer productivity by twenty percent in the first five years.

The investment would focus on a hundred farming communities with a target of 80,000 people to ensure efficiency in their work output.

This announcement was made know at the just ended “Business Call to Action” forum held in London, United Kingdom. It was initiated by the British Government and aimed at empowering the private sector to achieve the Millennium Development Goals (MDG's

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