31.07.2008 - Ghana into the claws of China?
From allafrica.com: More and more, China seems to be taking up any commodity that can be had from Ghana. From copper waste and scrap, timber and natural rubber to aluminium waste and scrap and vegetable products are being exported to the upcoming Asian superpower. Cocoa is the latest addition to the list. Ghana is to export 6,500 metric tonnes to China this year, says Isaac Osei, chief executive of the Ghana Cocoa Board (COCOBOD). This uptake of cocoa is meant to pay for the construction of the ongoing hydro-power project at Bui, north-east of the capital Accra. Government sources indicated last year that an arrangement had been entered into where cocoa production would be increased to supply extra cocoa to China......Full Article Source
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