NEXIM Bank Unveils Digital Hub To Increase Cocoa Production Output

AGRICULTURENEXIM Bank Unveils Digital Hub To Increase Cocoa Production Output
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NEXIM Bank has launched a digital hub, ‘Cocoa Connect Africa’ in its bid to boost cocoa production in the country.

This was disclosed by the Managing Director, of NEXIM Bank, Abubakar Bello recently, while speaking on the sidelines of the International Cocoa and Chocolate Forum tagged, ‘Putting values in cocoa in producing regions,’ in Lagos State.

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Bello explained that the move is to bring every activity of all stakeholders in the cocoa industry under one platform.

The MD also noted that the digital infrastructure was significant as it would help ease the stress of trade, adding that stakeholders of various commodities would be put under the digital platform.

Bello stated, “It is about somebody who has products and meeting someone who is interested in the product. It is about connection and market information. We are putting all the stakeholders on the value chain for different commodities, but the one we launched today is for cocoa and we are also doing the same for cashews.

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