Africa’s path to building prosperity is at the core of the continent’s development narrative. For over half a century, we have been trying to figure out what our way out of poverty and underdevelopment should be. Still, the struggle remains. Why might that be? Simply put, there are a...
With only 11% of firms able to trace source of their beans Some chocolate manufacturers are reneging on commitment to address persisting child labour, poverty and deforestation confronting the cocoa-chocolate industry, says the latest Cholocate Scorecard report. It said while some are rising to address key challenges in the...
An estimated US$400 million or more is expected to be used to address the ravaging Cocoa Swollen Shoot Virus Disease (CSSVD), and overaged or moribund cocoa farms, which have significantly affected the country’s cocoa production for some time now. According to the Ghana Cocoa Board (COCOBOD), about 40 percent of...
Ghana’s Cocoa sector is estimated to contribute about 3.5 percent to GDP and makes up about 25 percent of total export receipts. It is one of the most beneficial traditional commodities that have been the bedrock for the country. Despite its enormous potential, the sector has been at risk...
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...
Cocoa remains Ghana`s most important export crop representing nearly 40 percent of total exports. Due to its significant foreign exchange earnings, the Government of Ghana has set up the Ghana Cocoa Board under the Ministry of Finance and Economic Planning to regulate the sector with the hope of ensuring...