Ghana’s agenda towards transforming the cocoa sector into a value-added industry with a ready market is gaining momentum as the Cocoa Marketing Company (CMC) Ghana Limited has secured firm offtake commitments in the United Arab Emirates (UAE) and Saudi Arabia for Ghana’s semi-finished cocoa products.
The targeted products include cocoa liquor, cocoa butter, cocoa cake and cocoa powder. The agreements, signed on July 7, 2026 are expected to guarantee demand for output from Ghana’s existing cocoa processing facilities to grow the local economy.
Led by its Managing Director, Dr. Wisdom Dogbey, the CMC says the agreement is part of efforts to diversify Ghana’s cocoa export destinations and create sustainable markets for value-added cocoa products.
In Dubai, the CMC delegation had talks with the Dubai Multi Commodities Centre (DMCC) to explore opportunities that connect Ghanaian cocoa products with processors and traders across the Middle East and Asia.
The company reiterated that the engagements’ key agenda are on expanding market access for locally processed cocoa products and strengthening Ghana’s presence in key international commodity markets.
In Riyadh, CMC secured commitments to supply Ghanaian cocoa products to Saudi Arabia, where demand is expected to grow alongside the country’s expanding confectionery and food-processing industry under its Vision 2030 economic diversification programme.
CMC indicated that these new market opportunities will support the government’s objective of processing at least 50 per cent of Ghana’s cocoa locally, while increasing the utilisation of domestic processing capacity.
The company noted that securing reliable international demand for semi-finished cocoa products is critical to promoting value addition, reducing reliance on exports of raw cocoa beans, and enhancing returns from Ghana’s cocoa industry.
According to CMC, the agreements serve as an important milestone in its strategy to diversify Ghana’s cocoa markets and ensure that investments in local processing are backed by sustainable global demand.
