JB Foods Limited affirmed its commitment to sustainability, quality and value with the official ground- breaking of its newest cocoa processing factory at Abidjan. Graced by Guest of Honour, Minister of Commerce and Industry Souleyman Diarrassouba, the event which was also attended by business and industry partners, marked a milestone for the Group. The new factory which is located in the industrial zone PK24, is slated to be ready by the fourth quarter of 2024.

JB Foods' expansion plans in Ivory Coast will see an initial investment of about EUR 60 million and the creation of employment opportunities. The new cocoa bean processing facility will adopt the latest technology to produce premium cocoa ingredient products -- namely, cocoa mass, butter and powder, including customised solutions capabilities, using renewable energy and employing responsible waste management processes, in line with the Group's sustainability framework and Environmental, Social and Governance (ESG) roadmap.