Despite an extended government ban on illegal mining and deployment of a joint task force to curb the menace, ‘galamsey’ activities along communities on the River Pra are still prevalent and slowing down efforts to help regain Ghana’s depleting fish stock. David Koomson, the Shama District co-management committee chairman said,...
As impressed on the populace by President Nana Akufo-Addo, in order to achieve a Ghana beyond aid, the country needs to change the structure of its economy from one that mostly produces raw materials to one of value addition. At a one-day cocoa-investors’ forum that brought together key players in...
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...
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...
Senior Minister, Yaw Osafo-Maafo, has said the time is ripe for Ghana and Cote d’Ivoire to develop strategies that will bring new life to the cocoa value chain and improve wellbeing of farmers. “At the economic management level, we are looking at a possible insurance system for our farmers. We...
U.S. cocoa futures have rallied more than 30 percent in 2018 so far, sharply outperforming other core U.S. commodities on signs of improving demand and forecasts for a smaller global surplus. Benchmark ICE Futures U.S. New York cocoa futures have rallied around 34 percent since the end of 2017 to...
Chief Executive Officer of Ghana Cocoa Board (Cocobod), Joseph Boahen Aidoo, has assured lenders that the company is on course to meet its financial obligations in respect of the US$1.3billion syndicated loan, in spite of a dwindling crop harvest caused by dry weather and plant disease. “We have shown over the...
Cocoa Abrabopa Association (CAA) is one of the leading farmer-based organizations in Ghana that has been established to promote the socio-economic wellbeing 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 the...
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...
The Ghana Cocoa Board (COCOBOD) has outlined plans to sell bills and notes to fund a nationwide cocoa-replanting programme, in an effort to boost yields following an outbreak of disease. In late December, international media reported that COCOBOD - the industry regulator - was considering a plan to sell 182-day...