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Business News Wed, 26 Sep 2007

Ghanaian Company to buy Liberian Cocoa

Accra, Sept. 26, GNA- Optimal Consultancy Services Limited, a research firm, on Wednesday announced the completion of a comprehensive study to determine feasibility of establishing a company to purchase cocoa and coffee from Liberian farmers and the sale of such crops on the international market.

A statement signed by Mr Kwame Sarpong and Mr Emmanuel Owusu Boakye, former Chief executive of the Ghana Cocoa Board and Retired Managing Director of Produce Buying Company Limited respectively explained the study.

They said it involved a survey to assess the state of cocoa and coffee farms as well as farmers in three counties, Bong, Lofa and Nimba which produced as much as 90 percent of the two crops prior to the civil war in Liberia.

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The assessment was aimed at determining the availability of produce to be purchased by the envisaged marketing company, incorporated as the Liberia Commodity Export Company (LCEC).

The consulting team for the assignment that comprised four consultants: two Ghanaians and two Liberians, was led by Mr. Kwame Sarpong, who is also the Managing Consultant of Optimal Consultancy Services Limited.

The National Social Security and Welfare Corporation of Liberia had received the report on the assignment, the statement said.

Source: GNA
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