Ghana’s Niche Cocoa is to be served at the ongoing World Economic Forum in Davos, Switzerland.
Absa partnered with Niche Cocoa, the leading privately operated cocoa processing company in Ghana to give visitors to Absa’s pop-up venue in Davos to sample some of their mouthwatering products.
Chief Executive Officer of Absa, Maria Ramos said, “Absa is particularly proud to be representing the African continent this year with a pop‐up venue on the Davos Promenade, the strip connecting the Conference Centre and most hotels.”
She added, “Our venue will serve as Absa’s base for the duration of the Davos meetings and will provide us with an immersive destination for guests interested in Absa, in Davos.”
Ms Ramos said, “As we take Africa to Davos and the world to show our true potential, we will tell our rich story and recognize our clients as the core of our business. To showcase how their businesses also represent the potential of our continent, we have invited a selection of clients from key African markets such as Kenya, South Africa, Uganda and Ghana to partner with us in Davos. Products such as chocolates from Niche Cocoa will be served at our store to showcase some of our continent’s finest products.”
Chocolate is a guilty pleasure for some and a decadent delight for others. But what is universal is its smooth goodness and the way it melts in the mouth. Niche Cocoa realised this truth and opened in 2011 as a cocoa processing company producing high-quality products from 100 per cent Ghanaian cocoa beans.
Since it opened its doors, Niche has shown an unwavering commitment to quality and fair trade, so it is little surprise that it has established itself as the country’s leading bean-to-bar producer that is fully organic, Halaal, Kosher and Fair Trade certified.
This dedication saw Niche awarded the Ghanaian President’s National Awards for Export Achievement as Exporter of The Year for three consecutive years in 2013, 2014 and 2015.
Niche offers a range of premium products, from semi-finished cocoa products like natural cocoa liquor, natural and deodorized cocoa butter, natural and alkalized cocoa cake and natural and alkalized cocoa powder to refined industrial bulk chocolate and confectionery (chocolate bars) for supply to the chocolate, ice cream and bakery sectors.
The semi-finished products are exported to cocoa traders globally and marketed under the name “Ghana Prime Brand”, while the refined confectionary products such as chocolate bars, chocolate spreads and instant drinks are geared specifically towards the domestic market.
Every year, the company produces a staggering 60 000 tonnes of these products – a veritable feast of flavour. Production is not the only end goal, though: Niche has prioritised sustainability and the ongoing support of the country’s cocoa farmers.
The company actively supports cocoa farmers through agreements it has with two co-operatives to purchase certified beans, which serves as a sustainable investment because Niche is a UTZ certified processor. UTZ is the largest programme for the sustainable farming of cocoa and coffee in the world.
Part of Niche’s sustainability and support activities also include sponsorship of community service projects and paying premium prices to organically certified suppliers.
Investment in these areas enables Niche to expand its sourcing from farmers who grow the finest cocoa beans and who implement preventive measures to eliminate environmental and social risks.
Did you know?
• Ghana produces the second most cocoa beans in the world, after the neighbouring Ivory Coast.
• Approximately 70% of the world’s cocoa currently comes from West and Central Africa: Ivory Coast, Ghana, Nigeria and Cameroon.
• The majority of this cocoa is grown on nearly two million small, independent family farms that are less than two hectares (5 acres) in size.
• About 800,000 Ghanaian family farmers supply cocoa beans to global chocolate manufacturers such as Hershey’s and Nestlé.
Ghana Rated The Fastest Growing Economy In The World.
Latest International Monetary Fund (IMF) report has rated Ghana as the fastest growing economy in the world. While this is the case for Ghana, IMF notes that many other African countries lag far behind.
IMF predicts that Ghana’s economy will grow at 8.8 percent in 2019, a growth rate it says is the fastest in the world. IMF attributes the projections to Ghana’s improved macroeconomic performance for the last two years and the strong economic growth in 2018 .Last year, Ghana’s economy grew by 5.6 percent, putting it in sixth position.
Ghana is closely followed by its neighbor Ivory Coast with 7.5 percent, and Ethiopia with 7.7 percent. The growth rate of these two countries from 2018 to 2020 appears to be consistent, while Ghana’s growth is predicted to decline again in 2020.
Apart from Ghana and Ivory Coast, South Sudan, Rwanda, Ethiopia, and Senegal, also top the list of the fastest growing economies in the world according to the IMF report.
While oil is said to be the sector that is driving Ghana’s economy, other sectors like agriculture, manufacturing and services have shown positive growth. This is according to one Adu Owusu Sarkodie from the University of Ghana. He however still maintains that the main source of growth is the oil sector. “We have discovered new oil fields and companies have started operating, they have intensified their operations,” he said in an interview with DW.
Papa Ndiaye, Head of the Regional Studies Devision at the IMF’s African Department had dissenting views regarding Ghana’s growth rate. “We don’t expect this growth rate (of 8.8 percent) to be sustained over the medium term. And when you look at it in per capita, that is still smaller than what countries like China have experienced in the past.” Ndiaye said adding that Ghana’s economic growth is expected to slow to a level of around 4.5 to 5 percent.
One Neville Mandimika, an analyst with the Rand Merchant Bank is also of the view that IMF’s projection is “way too generous”.
The Nana Akufo-Addo-led state has a thriving agriculture sector. Not long ago, 200,000 farmers received improved seeds and fertilizers hence increased yields. The sector remains a major backbone of Ghana’s economy. According to Agriculture Minister Owusu Afriyie Akoto, the backup given to the sector has given itva major boost. “We are expecting a bumper crop because of the impact that this great program has had on agriculture, even in its infancy,” he said.
In the IMF list, Angola came last on the list of African countries and economic growth rate has been predicted to be 0.4 percent. Last year it suffered a decline of 1.7 percent. South Africa’s growth rate has been projected to be only 1.2 percent, an increase of 0.4 percent from that of 2018. Resource-rich Nigeria will have a growth rate of 2.1 percent according to the report.
Innovation’ is viewed as a key driver of economic growth. Economists say the development and use of innovations enables firms to increase their productivity, which in turn leads to higher Gross Domestic Product (GDP). Ghana is keen to boost technological innovations and get more young people involved in sustaining and improving the country’s economic performance.
Innovation is especially key for low-income countries. It has been debated before that without innovation, low-income states will not move away from low-productivity.
Ghana has experience significant economic growth and is now categorised as a low-middle-income country but until recently it was ranked a low-income country
AROUND THE WORLD: Nigeria Is Now the Highest Producer of Rice in Africa
Nigeria is now the largest rice producer at 4 million tons a year.
Experiencing a consistent increase in the demand, rice in the African Continent has in the past three decades grown in popularity to become a major feature in the continental diet. It currently takes the first position on the list of fastest-growing staple foods.
It was mostly consumed during special events in the early 1970s but it has gradually replaced yams, sweet potatoes and cassava on the dinner table. This growth has a direct link to the growing incomes, rapid urbanization rates as well as population growth.
Nigeria is currently the largest rice producing country in Africa and this is largely the result of continuous efforts by the current administration to place more emphasis on agrarian production.
Since the oil prices plummeted on the global market the move was aimed at reducing the nation’s over reliance on oil which has in the past year proved economically devastating. Also, keen on improving the country’s self-sufficiency the government is working on reducing the commodity’s import burden that currently runs into almost $400 million annually.
The Anchor Borrowers Program has also helped in boosting rice farming as the local central bank avails loans and distributes requisite tools to the farmers to boost production.
Eclipsing Egypt in its position Nigeria has become the largest producer of rice in Africa. This was revealed by Director-General of the Africa Rice Center, Benin Republic, Dr Harold Roy-Macauley.
The Federal Ministry of Agriculture director claimed that the country had reached self-sufficiency in the commodity by the end of 2017. According to a report, the country’s production capacity had reached 15 million metric tons translating to major savings as the country would no longer need to import the commodity.
Nigeria, in fact, consumes about 8 million tons, a figure that rises by about 6% annually. With around 34 states involved in rice cultivation, it is projected that the country would have a surplus for export by the year 2019.
The president of The Rice Farmers Association of Nigeria (RIFAN), Aminu Goronyo said that Nigeria has two farming seasons for rice and in each of the seasons 4 million tonnes of rice is produced. This means that in total, Nigeria produces 8 million tonnes of rice.
The two seasons which produce 8 million tonnes engage a total of 12 million farmers. Goronyo also said that Nigeria does not plan to put a total ban on rice importation before the end of this year.
Although Nigeria is now the highest producer of rice in Africa the continent is still a long way off from catching up with the global rice production rates. The African continent has a very high production potential but has only utilized a fraction of this
New Logo Announcement: Introducing Dorothy’s Hope Foundation (DHF) New Brand Identity New Logo
Dorothy’s Hope Foundation is a breast cancer foundation that was founded in May 2014 by Dorothy Amuah, a breast cancer survivor. It is a non-profit organization born out of compassion, to prevent, care and support breast cancer patients. It was founded with the mission of Empowering women, Educating women and Encouraging women affected with the disease.
We are proud to announce the launch of our new logo as part of the ongoing evolution of our brand.
Our professional profile has grown over the last 5 years, and now it is time for a change. We have altered our logo to reflect who we are today and to symbolize our dynamic future.
Basically, the new logo crystalizes the acronym “DHF” and the Foundation’s full nameas the foundation’s most popular identification label. Also, the new design of the outside frame is meant to improve the readability of the full name of the Dorothy’s Hope Foundation.
Symbolically, the colours on the logo are pink which expresses the femininity and the colour for the cancer awareness. Black with which the name of the foundation has been written boldly represents the strength of the organizations founder in fighting against cancer.
In the upcoming months, we will update all our marketing literature and online presence with the new logo. Meanwhile, we invite our business partners, sponsors and volunteers to contact us via email at [email protected]
Finally, Dorothy’s Hope Foundation is thankful for the support and involvement of the general public and urge for much more support in our upcoming events. Details will be published on our various social media platforms and our official website.
President Akufo-Addo Peaks 69 In World Most Reputable People List.
In an alphabetical order, President Nana Addo Dankwa Akufo-Addo and Bishop Dag Heward Mills peaked 69 and 9 respectively in 2019 list of 100 most reputable people on earth as Leading reputation management consultancy firm, Reputation Poll International announced its 2019 publication of the 100 most reputable people on earth.
The list which features distinguished personalities from all sectors, recognizes leaders who have maintained a high level of credibility in discharging their duties, and have kept commendable and exemplary reputation for public emulation.
The list features renowned individuals from diverse sectors such as entertainment, politics, religion, education, philanthropy, business etc. Having assembled diverse connections with over 44 countries across the globe, the reach of the Reputation Poll is expanding daily.
Notable individuals on the list include renowned Queen Elizabeth II, 92, who is the oldest person to be added to the list. Our youngest person to be added to the list is Malala malalaaged 21.
Statically with an average age of 54, the USA has the largest share of reputable personalities numbering 25 also with a representation of 38 females, 1 couple and 61 Males.
During the announcement of the list, the board made it their duty to mention their continued focus and commitment in honouringindividuals, organisations and brands who consistently impact lives positively around the world.
Below is the full list arranged in alphabetical order:
1.Abigail Johnson – CEO, Fidelity Investments
2.Akinwumi Adesina – President, AfDB
3.Akio Toyoda – President, Toyota Motor Corporation
4.Amal Clooney – Barrister
5.Amina J Mohammed – Deputy Secretary-General, UN
6.Ana Patricia Botin – Executive Chairman, Santander Group
7.António Guterres – Secretary-General, UN
8.Atifete Jahjaga – Former President, Kosovo
9.Bishop Dag Heward-Mills – General Overseer, Lighthouse Chapel
10.Bishop David Oyedepo – General Overseer, Winners Chapel
11.Catharine Drew Gilpin Faus – President, Harvard University
12.Christiane Amanpour – TV Host, CNN
14.Denise Morrison – Former CEO, Campbell Soup
15.Denzel Washington – Actor
16.Ding Xuedong – CEO, China Investment Corporation
17.Dirk Van de Put – Chairperson, Mondelez International
18.Dr Denis Mukwege – Medical Doctor
19.Dr Judy Dlamini – Chancellor, University of the Witwatersrand
20.Dr Paul Enenche – Senior Pastor, Dunamis
21.Dr. Harbeen Arora – Founder, Women Economic Forum
22.Ed Sheeran – Singer
23.Emma Watson – Actress
24.Eric Thomas – Motivational Speaker
25.Evang. Reinhard Bonnke – General Overseer, Christ for all Nations
26.Gary Vaynerchuk – Motivational Speaker
27.Ginni Rometty – Chairperson, IBM
28.Graça Machel DBE – Co-Founder, Africa Progress Panel
29.Haruhiko Kuroda – Governor, Bank of Japan
30.Helen Clark – Politician, New Zealand
31.Helen Sharman OBE – Astronaut
32.Ian Khama – Former President
33.Ismail Ahmed – CEO, WorldRemit
34.Jacinda Ardern – President, New Zealand
35.Jack Ma – Founder, Alibaba Group
36.Janet Yellen – Economist
37.Jean-Claude Juncker – President, European Commission
38.Jeff Weiner – CEO, LinkedIn
39.Jim Yong Kim – President, World Bank
40.John Legend – Singer
41.John Maxwell – Motivational Speaker
42.Joko Widodo – President, Indonesia
43.Joseph Stiglitz – Economist, Columbia University
44.Juan Manuel Santos – Former President, Colombia
45.Justin Trudeau – President, Canada
46.Justina Mutale – Founder, Justina Mutale Foundation
47.Kailash Satyarthi – Children’s Rights Activist
48.Kenneth Copeland – Televangelist
49.Khaldoon Al Mubarak – MD, Mubadala Development Company
50.Kim Schofield – Member, United States House of Representatives
51.Klaus Schwab – Executive Chairman, World Economic Forum
52.Kumail Nanjiani- Comedian
53.Lei Jun – Founder, Xiaomi Inc
54.Les Brown – Motivational Speaker
55.Liu Qing – President, Didi Chuxing
56.Lubna Suliman Olayan – Businesswoman
57.Ma Huateng – CEO, Tencent
58.Major Mariam Al Mansouri – Pilot
59.Malala Yousafzai – Activist, The Malala Fund
60.Mario Draghi – President
61.Mary Robinson – Politician, Ireland
62.Melinda Gates – Philanthropist, Bill & Melinda Gates Foundation
63.Michael Bloomberg – Founder, Bloomberg LP
64.Michelle Obama – Former First Lady, United States of America
65.Mo Ibrahim – Founder, Mo Ibrahim Foundation
66.Muhammad Yunus – Founder, Grameen Bank
67.Mukesh Ambani – Chairperson, Reliance Industries Limited
68.Nadia Murad – Human Right Activist
69.Nana Addo Dankwa Akufo-Addo – President, Ghana
70.Nancy Pelosi – Minority Leader, United States House of Representatives
71.Narendra Modi – Prime Minister, India
72.Nick Vujicic – Motivational Speaker
73.Nicole Kidman – Actress
74.Noura Al Kaabi – Minister, Culture and Knowledge Development
75.Nuseir Yassin – Vlogger
76.Oprah Winfrey – CEO, Oprah Winfrey Network
77.Paul Kagame – President, Rwanda
78.Paul Romer – Senior Vice President, World Bank
79.Philip Ng Chee Tat – CEO, Far East Organization
80.Pope Francis – Pope, Roman Catholic Church
81.Prince Harry & Meghan
82.Priyanka Joshi – Bio Chemist
83.Queen Elizabeth II
84.Ralph Hamers – CEO, ING Group
85.Rev. Jesse Jackson – Activist
86.Robin Sharma – Motivational Speaker
87.Sahle-Work Zewde – President, Ethiopia
88.Sheikh Mohammed Bin Rashid Al Maktoum – Prime Minister, UAE
89.Sinach Joseph – Songstress
90.Sinead Burke – Writer
91.Strive Masiyiwa – Executive Chairman, Econet Wireless
92.Sundar Pichai – CEO, Google
93.Tatsumi Kimishima – Businessman
94.Tim Cook – CEO, Apple
95.Tony Robbin – Motivational Speaker
96.Wang Jianlin – CEO, Dalian Wanda Group
97.Warren Buffett – Executive Chairman, Berkshire Hathaway
98.Winnie Byanyima – Executive Director, Oxfam International
99.Xi Jinping – President, China
100.Zuzana Čaputová – President, Slovakia
More detailed information about the Reputation Poll 2019 100 Most Reputable People on Earth is available on www.reputationpoll.com
For more information, you can write to [email protected]
“Hungarian Gov’t Provides Grants For Creative Artists” – Sena Dagadu
New Music: Stonebwoy ft. Beenie Man – Shuga (Prod. By Street Beatz)
Beyoncé Officially Launches The #BeforeILetGoChallenge On Instagram.
Highly Spiritual Music Allstars – Wild ft. Kuami Eugene (Official Video)
GBTV: This YouTube “Spotlight Story” Documentary On Burna Boy’s Rise To Success Is A Must Watch
Jay Foley Takes Over The “Muzik Box” Show On Hitz FM.
Entertainment3 days ago
YOUNG GHANAIAN MP ASPIRANT REVEALS HIS MARIJUANA ADDICTION
Music8 hours ago
Detailed Breakdown Of Keche’s $500K 2-year Contract With GELL.
Comedy2 days ago
Photos: Comedian Waris And Other Comedians Thrill Fans At The Easter Comedy Show.
EVENT REVIEWS9 hours ago
Okyeame Kwame Makes History With ‘Made in Ghana’ Album Launch