The Managing Director of Cocoa Marketing Company (Ghana) Limited (CMC), Wisdom Kofi Dogbey, has made the case for investment in Ghana’s domestic cocoa processing industry at the second African Cocoa Finance and Investment Forum (ACFIF). The forum was held on Monday, 26 October 2026, in New York, on Wall Street.
Speaking on a panel on bankable opportunities across Africa’s cocoa value chain, Wisdom Dogbey highlighted investment opportunities in direct production, including farm rehabilitation, domestic processing, technology, research, and risk management.
He said existing processing factories could run at higher utilization with working capital, equipment upgrades and reliable markets for finished and semi-finished products. He noted that financing tied to processing and product offtake could expand local value addition and create sustainable jobs.
He also highlighted the commercial potential of cocoa-based products. These include cocoa butter soap and body pomade developed by the Cocoa Research Institute of Ghana (CRIG), as well as cocoa pulp beverages that could earn farmers additional income. Technology providers could improve traceability and supply chain efficiency, while banks and brokers could design affordable financing and hedging products for local traders and processors.
The Managing Director stressed that bankable cocoa projects need capable operators, identifiable customers, clear commercial arrangements, and financing matched to business cash flows.
The forum brought together chocolate manufacturers, cocoa traders, supply chain participants from major producing countries, and investors from Europe and North America.
His participation comes as reforms to Ghana’s cocoa sector, announced in February 2026, are being implemented. The reforms give fresh impetus to investment in domestic processing and greater value retention in the country.
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