Search Results for: Ghana

BY ALYSHAH HASHAM

AS with many oils and fats industries, the cocoa sector has distinct elements: producers, processors, distributers, wholesalers and retailers. Their collective environmental impact can be reduced if they work together in the most efficient way possible. And it is partly for that reason that there is a growing trend towards pressing and grinding the cocoa near the source, particularly in Ghana and Ivory Coast (which together account for 60% of the world’s cocoa supply), as well as Indonesia.…

BY ALYSHAH HASHAM

AS with many oils and fats industries, the cocoa sector has distinct elements: producers, processors, distributers, wholesalers and retailers. Their collective environmental impact can be reduced if they work together in the most efficient way possible. And it is partly for that reason that there is a growing trend towards pressing and grinding the cocoa near the source, particularly in Ghana and Ivory Coast (which together account for 60% of the world’s cocoa supply), as well as Indonesia.…

BY PACIFICA GODDARD

According to the US department of agriculture (USDA), about 70% of the 2.5 billion litres of fruit and vegetable juices sold in Mexico in 2009 were produced domestically. Mexico exported USdollar USD266.99 million worth of juices in 2009, compared to USD308.23 million in 2008 and USD247.29 million in 2007, according the UN Comtrade database.…

BY ALISON MOODIE

SUB-SAHARAN Africa is still struggling to make its way in the global textile and clothing industry – but companies are convinced that without the USA’s African Growth and Opportunity Act (AGOA) the outlook would be bleaker. One decade ago this May, this tariff preference programme was launched by the US: it gives qualifying African countries zero tariff exports for the huge US market – and statistics show that the sub-Saharan textile and clothing industry has benefited.…

BY KEITH NUTHALL

THE MULTILATERAL Investment Guarantee Agency of the World Bank is considering guaranteeing US$260 million investment into a Ghana offshore oil and gas project. It would back Jubilee Ghana MV21 BV, a special-purpose Dutch company owning a floating production storage and offloading facility at the Jubilee Field, 60 kilometres offshore, operated by a subsidiary of Japan’s MODEC Inc.…

BY MARK ROWE

SEQUENCING the human genome has brought widespread interest and the potential for treatment of diseases, but confectionery industry researchers are increasingly applying this technique to key components in the food chain. One of the most high-profile sequencing programmes gathers pace this year, as Mars continues the sequencing of the cocoa genome, a project it is working on with the US department of agriculture’s subtropical horticultural research substation and IBM.…

BY EMMA JACKSON, KEITH NUTHALL, ALAN OSBORN, PAUL COCHRANE and BILL CORCORAN

WEST Africa is becoming a key region in the booming trade of illicit cigarettes, counterfeit copies of premium brands and smuggled properly branded and manufactured sticks. So much money is being made by criminals using this often-chaotic region as a hub to receive illicit sticks and then distribute them throughout Africa that this trade is becoming a matter of serious concern to the United Nations and even NATO.…

BY GEORGE STONE

GHANA, Uganda and the Democratic Republic of Congo (DRC) are Africa’s latest upstream hotspots as major energy firms seek new provinces outside of regional heavyweight oil producers Nigeria and Angola. But jockeying for position has already led to friction between governments and the industry.…

BY KEITH NUTHALL

THE INTERNATIONAL Finance Corporation (IFC) of the World Bank is lending US-based Kosmos Energy US$100 million to develop Ghana’s offshore Jubilee oil and gas field. The loan forms part of a US$750 million debt package the IFC helped raise – mainly from commercial banks.…

BY KEITH NUTHALL

IT has long been outmoded and inaccurate to split the world into two camps: industrialised developed economies, and largely agricultural developing countries. The growth of the 1990s and the current decade means there is a wide range of social and economic sophistication and wealth amongst the poorer of these two old-fashioned categories.…