No Result
View All Result
Sunday, August 14, 2022
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories
    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Farmers worried about possible unfair distribution of MoFA machines

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    Our cars to sell for cheaper soon- locally assembled automobile companies

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    Ghana’s inflation rate rises again; hits 31.7% in July 2022

    Fitch downgrades Ghana’s credit rating from B- to CCC

    Côte d’Ivoire-Ghana Cocoa Initiative clarifies its stance on origin differentials for cocoa beans

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport
    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    GEXIM CEO is one of Ghana’s 100 most influential business leaders

    Zenith Bank Ghana wins premium quality West African banking brand of the year 2021

    GIPC and GSE sign MoU to attract more investment into Ghana

    Appolonia City unveils its first commercial building; Adumuah Place

    Dr. Ampabeng advocates consolidation of road taxes into fiscal policy

  • TECHNOLOGY

    We’re ready to re-engage gov’t on acquisition of Vodafone shares – Telecel

    New deadline for SIM re-registration too short – MoMo agents association

    Extend SIM card re-registration exercise to January 2023 – MoMo agents

    Vodafone agrees sell stake in Ghana’s business to Telecel

    Telecoms Chamber and IIPGH advocate sustained coding education

    IIPGH to enter coding education partnership with Telecoms Chamber

    PayAngel joins Microsoft for Startups Founders Hub

    Node 8, HTU hold first edition of Node X in Ho

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

    Inflation, debt, and forex crisis is pushing many African economies to the brink – IMF warns

    African countries that could follow Sri Lanka into economic chaos

    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories
    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Farmers worried about possible unfair distribution of MoFA machines

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    Our cars to sell for cheaper soon- locally assembled automobile companies

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    Ghana’s inflation rate rises again; hits 31.7% in July 2022

    Fitch downgrades Ghana’s credit rating from B- to CCC

    Côte d’Ivoire-Ghana Cocoa Initiative clarifies its stance on origin differentials for cocoa beans

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport
    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    GEXIM CEO is one of Ghana’s 100 most influential business leaders

    Zenith Bank Ghana wins premium quality West African banking brand of the year 2021

    GIPC and GSE sign MoU to attract more investment into Ghana

    Appolonia City unveils its first commercial building; Adumuah Place

    Dr. Ampabeng advocates consolidation of road taxes into fiscal policy

  • TECHNOLOGY

    We’re ready to re-engage gov’t on acquisition of Vodafone shares – Telecel

    New deadline for SIM re-registration too short – MoMo agents association

    Extend SIM card re-registration exercise to January 2023 – MoMo agents

    Vodafone agrees sell stake in Ghana’s business to Telecel

    Telecoms Chamber and IIPGH advocate sustained coding education

    IIPGH to enter coding education partnership with Telecoms Chamber

    PayAngel joins Microsoft for Startups Founders Hub

    Node 8, HTU hold first edition of Node X in Ho

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

    Inflation, debt, and forex crisis is pushing many African economies to the brink – IMF warns

    African countries that could follow Sri Lanka into economic chaos

    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

Ekumfi Fruit Juice factory hasn’t collapsed – Management

July 2, 2021
Share on FacebookShare on TwitterShare on Whatsapp

The management of the Ekumfi Fruit and Juices Factory at Ekumfi Nanaben in the Central Region has dispelled rumours that the company has collapsed.  

Although it said its operations were affected by climate change, management says the factory is still producing on a large scale, adding that there are plans to introduce some new products.  

Speaking to Citi News after a tour of the facility by some distributors, the manager of the facility, Frederick Kobbyna Acquaah, noted that the factory had also been able to increase its pineapple farmlands from 1,200 acres to 6,000 acres. 

ADVERTISEMENT

“We are into full production, and we have been accepted nationwide and even the boundaries of the country. We are switching to the next gear, that’s why ADB is coming in [to support]. This as you know is the one district one factory, so there is enormous support from the 1DIF Secretariat. This trip is also important because of some negative reportage that the factory is off because there are no fruits. It can never be a shut-down, as it was reported.”

The Ekumfi Fruits and Juice Factory is under the government’s flagship programme, One District One Factory.

It is a wholly Ghanaian-owned company and has one of the most modern, automated agro-processing plants in the country.

Its first batch of products that hit the markets in 2020 was made of raw pineapple and citrus fruits, which came in a 250ml tetra pack.

With 1,000 acres of pineapple under cultivation, employing about 475 outgrowers, the factory created direct employment opportunities for over 550 people including engineers, food scientists, marketing professionals, accountants, and technicians.

In addition, more than 1,000 indirect job opportunities in Ekumfi and other adjoining districts have been created, according to the company.

The facility is the biggest fruit processing factory in West Africa, with the capacity to process 10 tons of fruits per hour.

Funded by the Exim Bank Ghana Limited, the agricultural industrial intervention has significantly gingered the spirit of entrepreneurship in many Ghanaians as its office keeps receiving quantities of business proposals from various entities and persons across the world.

Operation prospects

Per the company’s five-year strategy vision, it is cultivating more than 4,000 acres of pineapples in many communities in the district as well as in the neighbouring districts that would, in all, produce 80 million fruits per annum for the processing line.

It has also projected 600 acres per year, in preparing to switch to the next phase of cultivation that would see the expansion of its raw material base up to the projected 4,000 acres needed to feed the factory at full capacity.

The company also seeks to expand and sustain its 19 shared-grower sites established in Ekumfi Nanaben, Narkwa, Abor, Eyisam, Otuam, Egyaakwa, Asaman, and Gyankoma.

In all, share-growers engaged at the Gyankoma sites have cultivated nearly 600 acres of pineapples and keep planting every day to meet the eight-acre demand of pineapple per week for the factory.

Source: Calvis Tetteh | citibusinessnews.com | Ghana
Tags: Ekumfi Juice FactoryGhana Business News
Previous Post

Tourism Chamber welcomes GHS55 million allocation to sector

Next Post

PassionAir operates demonstration flights to Ho with connection to Kumasi.

Next Post

PassionAir operates demonstration flights to Ho with connection to Kumasi.

Accra Kotoka International Airport Arrivals
ADVERTISEMENT
Citi Business News

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.