Cocoa prices are anticipated to move downward in major markets across the globe, as merchants and producers increased net selling positions over the Q1 of 2022/2023 crop season, data from the International Cocoa Organisation (ICCO) have shown.
The global cocoa market attained a value of nearly US$14.5billion in 2022. The...
The unending challenges troubling the global cocoa supply chain could derail attempts at ensuring sustainable cocoa production unless efforts are coupled with the payment of a higher farm gate price for cocoa, the 2022 Cocoa Barometer has said.
The sustainability issues, such as child labour and deforestation, according to the...
Mighty Earth, in partnership with EcoCare Ghana has launched Ghana Cocoa Accountability Map to address forest loss caused by some farmers in the country as a result of expansion of farms.
According to Mighty Earth, forest loss in the country remains excessively high, despite pledges by government and the chocolate industry...
An Interview with the President of the Cocoa Farmers Association of Nigeria (CFAN)
Since the beginning of 2022, one of the major announcements that dominated news within the cocoa chocolate sector was Nigeria's announcement to revive its cocoa sector with the ambition to overtake Ghana and Ivory Coast to become...
Chief Executive Officer (CEO) of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, has said sustainability programmes by international organisations for cocoa farmers in the country is hurting the industry.
According to him, just a handful of cocoa farmers in the country benefit from such programmes and those who do are...
The Managing Director of Cocoa Merchants Ghana Limited (CML), Alhaji Abdul Fataa Adamu, has highly praised cocoa farmers for their commitment to the company while announcing a GH₵1.4million premium for the 2021/22 cocoa season for farmers.
Speaking at the 2022 launch of Beyond Beans Foundation and Cocoa Merchants Sustainable Cocoa...
...Assessing KOA's definition of sustainability and the treatment of their partner farmers
My concluding thoughts
During my Master’s Thesis in 2019, I reflected on almost all the known initiatives the Ghana Government and industry stakeholders announced to have implemented to address the livelihood changes of smallholder farmers. I concluded that:
“It is...
Demeter Ghana Limited and Beft Agro Limited have renewed their partnership with the Ghana Cocoa Board (COCOBOD) to provide cocoa farmers with Omya Calciprill to tackle soil acidity (low pH).
Studies have shown that low soil pH levels lead to low cocoa cultivation yields as it inhibits the levels of...
The Cedi weakened marginally to a fresh dollar low this week, trading at 10.48 from 10.45 at last week’s close. Moody’s became the latest to cut Ghana’s credit rating, lowering by one rung to Caa2, eight levels below investment grade, citing macroeconomic deterioration that has dealt a further blow...
Cocoa Merchant Ghana Limited (CML) and BeyondBean Foundation have announced GH₵1,115,200million premium for the 2020/22 cocoa season for farmers in Samreboi, which translates to GH₵20.50 per bag that will be purchased within the period.
This announcement represents a 33.3 percent increase of the GH₵15 per bag premium paid during the...