Cadbury parent body, Mondelēz International launches Cocoa Life

By allcitynews.ng

As part of its backward integration initiatives, Cadbury Nigeria, through its parent company, Mondelēz International, launched Cocoa Life.

Cocoa Life, according to the Head, Corporate Communications and Government Affairs, Cadbury Nigeria, Frederick Mordi is the company’s global cocoa sustainability programme, in Nigeria in July 2022. The programme currently covers six states in the country namely Ekiti, Ogun, Osun, Ondo, Oyo, and Cross River, and it has empowered thousands of farmers.

Mondelez International, according Mordi
has a majority equity-interest of 79.39 per cent in Cadbury Nigeria through its holding in Cadbury Schweppes Overseas Limited. The remaining 20.61 per cent equity-ownership is held by a diverse group of Nigerian individuals and institutional shareholders.

Frederick Mordi
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