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African Cocoa Trading Centre Established in Central China

by Blessing Ubani
African Cocoa Trading Centre Established in Central China

The African Cocoa Marketing Centre, established in Changsha, the provincial capital of Hunan will begin operations by first selling cocoa mainly from Ghana, the chief agricultural export of Ghana.

The centre has been hailed as the first of its kind for African cocoa in China, an emerging market for the continent’s products from coffee to tea.

In the words of Edward Boateng, Ghana’s ambassador to China ” I am confident that every tasty chocolate enjoyed in China has some quantity of Ghana’s premium cocoa as part of its ingredients”.

He added that the West African country is working closely with the Asia nation to see that it expands its supply chain.

The Head of Hunan Commerce Department Xu Xiangping disclosed that the province plans to build a major trading and processing centre for other Africa’s farm produce which includes cashew nuts, coffee, and rubber.

The cocoa centre is among the first sub-centres to be established, Xu said

Officials and traders say Hunan is at the centre of China’s sprawling transportation network and close to a booming consumer market across the country which will facilitate the entry of other African commodities.

Changsha on Tuesday hosted a conference to promote trade cooperation between China’s Hunan and Ghana, Tanzania, and Ethiopia and witnessed the inking of other agreements on cocoa import and industrial cooperation.

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