Cargill is investing more than US$113 million to expand its cocoa processing sites in Yopougon, Côte d’Ivoire and Tema, Ghana.
A US$100 million investment will increase production capacity at Yopougon by 50 per cent, creating 85 full-time local jobs and what the company described as “hundreds of indirect jobs.”
A US$13 million investment increases capacity at the Tema site in Ghana by 20 per cent.
To meet customer demand, a significant amount of the additional capacity at Yopougon will be dedicated to producing Gerkens cocoa powders.
Cargill is also investing US$12.3 million over the next three years to expand sustainability and supply chain traceability programmes in the countries.
This is a combination of a US$7.7 million investment in Côte d’Ivoire and US$3.4 million in Ghana, in programmes that will enhance the safety and well-being of children and families in cocoa farming areas and provide a more transparent, traceable cocoa supply chain for customers and consumers.