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...
As part of efforts to increase cocoa productivity to over one million metric tonnes, the Ghana Cocoa Board (COCOBOD) has commenced a hand-pollination exercise across all production areas for the 2019/2020 season. COCOBOD has therefore increased recruited and trained youth for the human-induced cross-fertilisation programme from 20,000 in the previous...
The two-world leading producers of cocoa, Ghana and Cote d’Ivoire have agreed to the establishment of an office, in Ghana, responsible for the implementation of the Living Income Differential (LID), a major cocoa initiative aimed at addressing the poor living conditions among cocoa farmers. The signing of the bilateral agreement...
Chocolate fans will not necessarily benefit from predictions of a fall in cocoa prices this year. A Reuters poll of London cocoa futures published on Monday forecast cocoa would cost 10% less at the end of the year because of rising production and a hit to demand from the...
Local banks are pushing for better terms in the restructuring of cocoa bill holdings as government proposes to replace them with five new bonds. Information from the market suggests that the new bonds come with a coupon rate of 12 percent - significantly lower than the previous average entry rate...
Ghana and Cote d’Ivoire are the world’s biggest producers of cocoa but rely heavily on standards and regulations developed by the European Union, a situation which leaves the West African nations vulnerable, says Nico Roozen, Honary President of Solidaridad Network. The EU is currently developing new standards for the cocoa...
The issue of Cocoa Produce Buying Companies (PBCs) adjusting their scales to cheat cocoa farmers of their due is not only sad but unconscionable. A private broadcasting station’s latest investigative documentary ‘Missing Kilos’ exposed the stealing of cocoa beans by clerks in licenced cocoa buying companies of the country. The...
Cocoa farmers in the Western South Region are gradually seeing a boost in cocoa production following the introduction of Omya Calciprill to tackle soil acidity on their cocoa farms. Some of the farmers who testified after using Omya Calciprill explained the improvements in the leaves of cocoa trees for better...
Introduction Cocoa Abrabopa Association (CAA) is one of the leading farmer-based organizations in Ghana that has been established to promote the socio-economic well-being of smallholder cocoa farmers. The association was established in partnership with African Tiger Holding Ltd (ATHL) to sponsor the establishment of a contributory pension scheme within...
 …. 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...

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