Company profile

fairafric AG

fairafric AG (fairafric) was founded in 2016 by Hendrik Reimers following initial meetings with Ghanaian cocoa farmers and processors in 2015. Headquartered in Munich at Rupert-Mayer-Strasse 44, the company operates with its primary manufacturing subsidiary, fairafric Ghana Limited, established in 2020 in Amanase, Ghana. Fairafric produces premium organic chocolate entirely in Ghana, from bean to bar, and sells primarily to European markets, including Germany, France, Austria, Belgium, and Switzerland. The company pioneered the "Fairchain" business model, keeping the value of chocolate production in origin countries rather than exporting raw materials. Fairafric achieved organic certification across its entire value chain in 2017 and climate-neutral certification in 2018. By 2021, fairafric produced over 2 million chocolate bars annually and purchased 250 tons of cocoa, paying the highest premiums in West Africa to support living incomes.

Sector

Consumer / Packaged Food and Meats

Markets

Ghana

Ownership

Private

Source: Partner Researchers.