An agro-processing company named Premium Foods Limited, based in Ejisu-Kwaso in Ashanti and part of the government’s One-District-One-Factory plan has started exporting Super Cereal to Burkina Faso under the UN World Food Programme (WFP).
The company, which was launched in June 2021 by President Nana Addo Dankwa Akufo-Addo, is backed by WFP and the Canadian government to process Super Cereal, a specialized nutritious food for WFP’s global operations in Burkina Faso.
WFP received funding from the Canadian government to invest 2.5 million US dollars in Premium Foods Limited, which was then topped up with working capital and CAPEX loans totaling 25 million US dollars for the express purpose of processing porridge for Burkina Faso.
In 2021, WFP made a 600-metric-tonne pilot order with Premium Foods Limited for their Burkina Faso activities, which helped to test the factory’s processes, machinery, quality, and other WFP-specified standards, including delivery timeliness.
The cost of transporting 1,800 metric tonnes to Burkina Faso is projected to be 350,000 US dollars.
Super Cereal is a specialized nutritious food made out of a blend of cereals, wheat, soya, and sugar, as well as other vitamins and minerals to boost nutrition.
These were revealed during a special ceremony at the plant site on Wednesday, April 27, 2022, when the consignment’s 1,800 metric tonnes were transported to Burkina Faso. Dollars for the express purpose of preparing the oatmeal for Burkina Faso.
Ms. Barbara Clemence, WFP’s Country Director in Ghana, said that WFP’s work in Ghana was in line with the Ghana Beyond Aid vision for national economic self-reliance, which prioritized agriculture and agro-processing, as well as the United Nations development assistance to the country.
She stated that WFP had begun transformative programs to assist Ghana’s government and people in becoming more competitive in the global marketplace by guaranteeing strong linkages to improve food security and nutrition for the most vulnerable.
Ms. Sara Nicholls, Minister-Counsellor and Senior Director (Development Program) at the Canadian High Commission, said the Canadian government had made the right decision in investing in Premium Foods Limited.
She stated that Canada wanted to ensure that Ghanaian agro-processors had access to export markets and that the country had an industrialized, inclusive, and resilient economy to help eradicate hunger.
Mr. Tom Gambrah, Managing Director of Premium Foods, praised both the Canadian government and the World Food Programme for their assistance.
He stated that while the Super Cereal was for the World Food Programme, the firm would soon launch Maizoya, a porridge blend of wheat, soya, and sugar that is both healthy and nourishing for children and adults that the firm was committed to ensuring food security in Ghana.