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Cadbury to Invest GBP30 Million in Ghana Cocoa Farming

Time:2008-05-17 11:07:00.0 - http://www.21food.com

Cadbury has announced a £30 million investment package for Ghana as part of the Cadbury Cocoa Partnership, according to the government of the Western Africa country.

Cadbury aims to increase productivity at Ghana's cocoa farms by 20% in the first five years, rising to 100% by Year 10, in a bid to secure its long term supply of quality cocoa.

The investment, which should impact the lives of over one million cocoa farmers over the next ten years, will initially focus on 100 farming communities, or 80,000 people.

The news follows an earlier announcement by the confectionery giant concerning the establishment of the Cadbury Cocoa Partnership, which the announcement said aimed to"holistically support the development of sustainable cocoa growing communities" in Ghana, India, Indonesia and the Caribbean.


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