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Local cocoa processing: JB COCOA announces USD 63 million investment for Côte d'Ivoire

04/07/2022
Categories: Raw materials Companies

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JB Foods Limited, the investment holding company based in Singapore and established across five continents, continues its expansion policy. After Malaysia and Indonesia, it is the turn of Côte d'Ivoire to benefit from the investor's support. World leader in cocoa with an annual production of 2.2 million tons, Côte d'Ivoire has a processing capacity of 71,000 tons of cocoa beans per year. But this volume could increase with the arrival of JB Cocoa which processes 180,000 tons of cocoa per year in Indonesia. JB Foods Limited wants to consolidate the market position of its subsidiary JB Cocoa as a leading processor of cocoa beans.

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