News Updates:


A cassava cropping and processing company, Caltech Ventures is to begin producing ethanol from cassava by March this year.

Managing Direct of Caltech Ventures, Chris Quarshie said this in a brief with the Minister of Trade and Industries, Dr. Ekwow Spio-Gabrah who was visiting the facility located in the Volta Region.

“Ghana currently imports 60 million litres of ethanol yearly,” GNA noted.

“The waste from the process will be used to also produce electricity and make fodder for animals,” said Chris Quarshie.

Kasapreko Company Limited (KCL), an alcoholic producer and also a large importer of ethanol, holds 40 percent shares in Caltech Ventures.

The ethanol production has a potential to increase exportation of locally manufactured products and will most likely develop the community it operates from.

Source: GNA

About NewsScript (43 Articles)
NewsScript is a news website redefining the news about Africa by reporting on business practices,technology,architecture,humanitarian... etc that foster socio-economic development. Besides redefining the news, we also work with entrepreneurs by providing consultation services, wed development services, publicity and marketing. Visit us at

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: