The Cocoa Processing Company (CPC) has deepened its trade collaboration with Hunan Accra Cocoa Food Trading Company Limited (ACCRACO), aiming to expand the supply of semi-finished cocoa products from Ghana to China. ACCRACO serves as CPC’s main distributor and intermediary, managing key aspects of China’s cocoa value chain, including packaging, warehousing, and shipping.
The enhanced partnership followed a working visit by a Chinese delegation from ACCRACO to CPC, intended to consolidate ongoing trade relations for the export of semi-finished cocoa products. During the visit, both companies signed a Cocoa Product Purchase and Supply Agreement, formalising a long-term commitment to trade for the Portem and Goldentree brands.
The delegation was led by Yin Yingjie, Deputy Director in charge of Commerce for Yiyang City, Hunan Province, who expressed optimism about the partnership. She highlighted that the China–Ghana Cocoa Cooperation Agreement would strengthen bilateral trade, increase CPC’s market share in China, and open access to the broader Asian market for semi-finished cocoa products. She further noted that the collaboration would support both state-owned and private enterprises involved in cocoa processing and value addition.
Receiving the delegation, Professor William Coffie, Managing Director of CPC, described the partnership as offering short-, medium-, and long-term business prospects. He emphasised CPC’s commitment to its turnaround strategy, designed to remove trade bottlenecks and attract strategic partnerships to enhance the company’s presence in China.
Professor Coffie added that the collaboration with ACCRACO provides an important avenue to scale up exports, deepen value addition, and strengthen Ghana’s position in the international cocoa market, reflecting CPC’s dedication to building sustainable global partnerships.
