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Cocoa News category is the anchor segment for the stories from the various stages of the cocoa industry value chain
Farmer-backed CSO Calls for Over 70% Raise in Cocoa Price
The Ghana Civil-society Cocoa Platform (GCCP) has proposed a minimum farm gate price of GH₵3,583 per 64-kilogram bag of cocoa beans for the upcoming 2024/2025 season against its current GH¢2,070, an estimated increase of 73.1%
According…
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Is Cocoa Production in Ghana Poised for a Rebound?
Ghanaian cocoa farmers expect a boost in the 2024/2025 season starting in October after a sharp fall in production this season contributed to boosting global cocoa prices to record levels.
Ghana witnessed one of its poorest harvests in a…
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Major Ghana Cocoa Region 81% Infected with Bean Disease
A major cocoa producing region in Ghana, the world's second largest cocoa grower, is 81% infected with swollen shoot disease, according to the International Cocoa Organisation (ICCO).
Prices for the chocolate ingredient have roughly…
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Cocoa Civil Society Urges EU to Invest in Deforestation Regulation
The Ghana Civil Society Cocoa Platform (GCCP) has held its 2024 Annual General Meeting in Accra, calling on the European Union to contribute financially to the change needed to ensure sustainability in the cocoa sector.
The 2024 Annual…
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Ghana to Delay More Cocoa Deliveries as Supply Crisis Worsens
The world's second largest cocoa producer Ghana is looking to delay delivery of up to 350,000 tons of beans to next season due to poor crops, five sources told Reuters in a further worsening of the outlook for the global chocolate industry.…
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Cocoa Production Helping Mitigate Climate Change Impact
The Chief Executive of COCOBOD, Joseph Boahen Aidoo, has argued that cocoa can play a pivotal role in agroforestry, fostering enhanced carbon sequestration.
According to him, cocoa production contributes significantly to mitigating the…
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Cocobod Eyes $1.5 Billion Cocoa Loan for Next Season
Ghana's cocoa regulator, Cocobod, will borrow up to $1.5 billion by September to finance 2024/25 cocoa purchases and compensate for low output, two COCOBOD sources with knowledge of the arrangement told Reuters.
The world's second-largest…
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Ivory Coast Suspends Cocoa Cooperatives for Hoarding Beans
Ivory Coast's Coffee and Cocoa Council (CCC) has suspended around 40 cooperatives they suspect were illegally hoarding cocoa beans in order to sell them at a higher price to exporters struggling to fulfil their contracts, two sources at the…
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Women for Chocolate to Empower Ghana’s Female Cocoa Farmers
A collaboration among Seattle Chocolate Company, Specialty Cocoa & Chocolate Associates, African Cocoa Marketplace, Three Mountains Cocoa, and Rikolto Ghana has brought a new level of support for women cocoa farmers across Ghana.…
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West African Leaders Must Strengthen Trade and Price Mechanism
West African leaders have been urged by Ghanaian cocoa farmers to take advantage of the soaring international market prices of cocoa.
The farmers say the trading and pricing mechanism has left many cocoa farmers in West Africa poor and…
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