Cadbury to Spend $50 Million on Boosting Ghana Cocoa Production

Cadbury Ghana Ltd. will spend $50 million over the next 10 years to improve cocoa production in the second-biggest producer of the chocolate ingredient,

The funding, at $5 million annually, will “enhance productivity, build social infrastructure and capacity for Ghanaian cocoa farmers,” James Boateng, managing director of the local unit of Cadbury Plc, the food maker acquired last year by Kraft Foods Inc., said in an interview today in Accra, the capital.

Ghana and Cadbury started a partnership in 2008 to boost cocoa yields through programs including provision of fertilizers, chemicals and spraying machines.

To contact the editor responsible for this story: Antony Sguazzin at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.