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Equatorial Guinea plans to launch cocoa plant within six months

By , based on Real Equatorial Guinea and Ahora EG

Equatorial Guinea plans to launch cocoa plant within six monthsAnagoria · CC BY 3.0

Equatorial Guinea’s Agriculture Ministry has six months to launch a cocoa-processing plant, initially intended to produce cocoa paste, according to Real Equatorial Guinea and Ahora EG. Vice-President Teodoro Nguema Obiang Mangue also secured a 10% reduction in the prices of two agricultural inputs, according to Real Equatorial Guinea.

The decisions were discussed on Thursday at a meeting at the People’s Palace in Malabo, attended by the prime minister, officials from the Agriculture, Finance and Treasury departments, representatives of the National Agricultural Promotion Institute (INPAGE), and the companies selected following the tender, Ahora EG reports.

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