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Find all the economic and financial information on our Orishas Direct application to download on Play StoreIn Ghana, several local companies are active in the manufacture of by-products. To support this momentum, the West African Mills Company (WAMCO) has announced a $5 million investment plan to upgrade its cocoa processing facilities based in the Effia industrial zone in Takoradi, west of the country.
According to Frank Bednar, general manager of the company, the envelope will make it possible to proceed with the purchase of new equipment to modernize its production units of cocoa liquor and extraction of cocoa butter. In addition, the company plans to carry out rehabilitation and repair work on its cocoa butter production line by hydraulic press in order to make it fully operational and create 120 jobs. With such an investment, WAMCO intends to increase its productivity and, by extension, the volume of its supply of cocoa-derived products as well as its exports, which are mainly intended for the European Union (EU) and the USA.
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