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...
Blame unfair income
Uncompetitive cocoa prices on the international market is forcing cocoa farmers in gold-producing areas to sell farmlands for illegal mining activities, the Ghana Civil-society Cocoa Platform (GCCP) has said.
The situation is rather disturbing, given cocoa has been the main cash crop that has been the backbone...
Cocoa farming has and continue to be a pivotal economic activity in Ghana which contributes significantly to the country's total foreign exchange earnings.
However, the majority of cocoa farmers in Ghana have limited access to financial literacy programmes that could transform their lives and their communities. It is against this...
Despite the growing threat of COVID-19 to virtually all aspects of business and the economy, the Ghana Cocoa Board (COCOBOD) has given the strongest assurance that its annual cocoa syndication loan facility will go ahead without any hitches.
Joseph Boahen Aidoo, CEO of COCOBOD, assured farmers and other industry stakeholders...
Cocoa producers have emerged as the driving force behind cocoa market premiums as they continue to reap the benefits of a supply crunch, according to the latest International Cocoa Organisation (ICCO)cocoa market report released this month.
The ICCO's report highlights significant differentials in cocoa prices, emphasising that producers are currently...
The Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, has said, Ghana’s US$2.5billion annual earnings from cocoa commodity is abysmally low, even though the global market worth over US$100billion.
This, he said, calls for the need to increase domestic value-addition to enable the country, which is the second-largest global...
Mr. Randy Boitey, the Eastern Regional Cocoa Extension Service Officer has said 400,000 hectares of cocoa farms are to be irrigated, this year, under a pilot project, launched by the government to boost cocoa production.
The programme to begin with the 27 cocoa centres across the nation and some selected...
The pioneering initiative to train the next generation of cocoa farmers, is expected to bring a significant contribution to the country’s cocoa production, as a total of over 12,000 youth have been trained to venture into cocoa farming and its related businesses, by the MASO programme, being undertaken by...
Climate change and climate variability pose serious challenges to national development, especially agriculture - which is the backbone of the country’s economy.
Climate change leads to increases in temperatures, changes in precipitation patterns, changes in extreme weather conditions, and reductions in water availability - all resulting in reduction of agricultural...
The Ghana Cocoa Board (COCOBOD) has said it will spend US$250million on rehabilitating cocoa farms over the next three years.
The country is seeking to cut down and replant diseased and over-aged cocoa farms under a cocoa rehabilitation programme launched by President Nana Addo Dankwa Akufo-Addo last month. About 40...