Ghana supplies 70% of all cocoa beans imported into Japan and cocoa is seen as one of the nation’s most essential import commodities
Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of US$200million from a syndicated loan facility to boost cocoa productivity in the world’s second-largest producer.
The...
…14 beneficiaries under two modules graduate
In an effort to ensure the cocoa sector remains vibrant, with cooperatives becoming strong, inclusive, democratic and sustainable producer organisations, Fairtrade Africa has graduated 14 beneficiaries of its NORAD project.
The project was conducted under two major modules; the Women Leadership School and Youth Cooperative...
…. 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...
Managing Director of Cocoa Merchants Ghana Limited (CML), Alhaji Abdul Fataa Adamu, has said efforts to ensure production of good quality cocoa beans while improving the livelihoods of farmers, through cocoa certification is significantly contributing to achieving cocoa production sustainability.
He observed that the “firm agreement made by top cocoa...
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...
Management of the Ghana Cocoa Board (COCOBOD) has moved to end the practice of weighing-scales tampering with fresh preventive and punitive measures.
Cocoa buyers in the West African nation have come under fire after a media exposé revealed systemic cheating of cocoa farmers through adjustment of analogue weighing scales.
According to...
Ghana has singed a new Strategic Partnership Agreement with Cote D’Ivoire, which is aimed at addressing the challenges of the cocoa sector, called the “Abidjan Declaration.”
Per the framework for the implementation of the Strategic Partnership Agreement, the two countries, are expected to end smuggling and help set an equal...
Aboso Gold Fields Limited (AGL) has presented 2,172 bags of fertiliser to 360 cocoa farmers at Damang in the Prestea Huni-Valley Municipality if the Western Region to boost cocoa production.
This initiative, dubbed ‘Ghana Gold Fields Foundation Cocoa Support Programme’ which started about three years ago, has spent over GH¢304,000...
The District Manager of Kuapa Kooko Limited (KKL) at Akontombra in the Western Region, Eric Fiifi Cudjoe, is in the grips of the Police for allegedly embezzling GH¢4,850,700, belonging to the company.
The amount he is alleged to have expended was meant for the purchase of 10,212 bags of cocoa...