Ghana has surpassed Ivory Coast in cocoa production over the half year 2022/23 crop season, according to the latest Cocoa Market Report by the International Cocoa Organization (ICCO). As of 31 March 2023, cumulative arrivals of cocoa beans in Ivory Coast were lagging behind previous season levels, while the volume...
Ghana, the gateway to Africa is again set to elect a President and members of Parliament to lead the nation to its promise land. In Africa we are hailed as the first Sub-Saharan Africa country to gain independence, the beacon of hope and black star of the Continent. We have...
Nine Ghanaian cocoa farming unions have been awarded grants to invest in new climate-smart small businesses on behalf of their members, as part of a scheme implemented by Fairtrade Foundation. Each new enterprise aims to pilot new ways for cocoa farmers to earn extra money to supplement their incomes and,...
The Managing Director of Cocoa Merchants Ghana Limited (CML), Alhaji Abdul Fataa Adamu, has highly praised cocoa farmers for their commitment to the company while announcing a GH₵1.4million premium for the 2021/22 cocoa season for farmers. Speaking at the 2022 launch of Beyond Beans Foundation and Cocoa Merchants Sustainable Cocoa...
The Ghana Cocoa Board (COCOBOD) has taken a significant step toward its debt securities exchange programme by appointing CalBank Plc (CAL) as the arranger. This move comes as COCOBOD invites holders of its short-term debt securities, known as Cocoa bills, to participate in the voluntary exchange for longer-term debt securities...
Some cocoa farmers in the Wassa enclave of the Western Region have resorted to proceeds they realise from trading-off portions of their farms to illegal miners in order to maintain their cocoa farms, the B&FT has gathered. Sources say the inability of farmers to raise substantial funds during off-seasons to...
 …. signs US$1.5bn financial agreement with 28 banks The Ghana Cocoa Board (COCOBOD) has signed a US$1.5billion financial agreement with a consortium of foreign and local banks to finance the purchase of cocoa beans for the 2021/2022 crop season. This season’s financial agreement is an increase of US$200million compared to the...
Ghana Cocoa Board (COCOBOD) is expected to capture about 800,000 cocoa farmers in the country under the Cocoa Farmer Pension Scheme. Registering and collection of data is still on-going across all cocoa growing areas to serve as a data base for the Cocoa Management System (CMS), which will track the...
advocates urgent structural reforms By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU The International Cocoa Organisation (ICCO) has sounded a warning to Ghana, urging swift action to address significant "structural issues" within its cocoa sector. The organisation highlights the potential for a cascade of problems amid a deepening supply crisis,...
Cocoa farmers have appealed to Ghana Cocoa Board (COCOBOD), the industry regulator, to increase the producer price of cocoa beans in the coming 2020/2021 season by a significant margin. According to the farmers, cost of production has skyrocketed in recent times; and besides, the general standard of living among farmers...