Ghana has secured offtake commitments from buyers in the United Arab Emirates and Saudi Arabia for semi-finished cocoa products, opening a new Gulf route for Africa’s second-largest cocoa producer as it seeks to shift more export earnings from raw beans to processed cocoa in a global cocoa market projected to reach $26.2 billion by 2035.
The agreements, signed on July 7, 2026, cover cocoa liquor, cocoa butter, cocoa cake and cocoa powder, according to Cocoa Marketing Company Ghana Limited.
However, the company did not disclose the value of the deals, the agreed volumes, or the share of Gulf demand that Ghana is expected to supply.
According to CMC, the commitments followed engagements led by its Managing Director, Dr Wisdom Dogbey, as the company works to diversify Ghana’s cocoa export destinations and strengthen its position in the global cocoa value chain.
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