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Cocoa News category is the anchor segment for the stories from the various stages of the cocoa industry value chain
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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Man Jailed 7 Years in Ghana For Cocoa Smuggling
THE ODUMASE Krobo Circuit, presided over by His Honour, Judge Kwesi Apiatse Abaiddu, has handed a seven-year prison sentence to one Issifu Nyandi, who was found guilty for attempting to smuggle bags of cocoa beans from Ghana to neighbouring…
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Cote d’Ivoire-Ghana Cocoa Initiative Opens Permanent Office
President Nana Akufo-Addo has commissioned the headquarters of the Cote d’Ivoire-Ghana Cocoa Co-operation Initiative (CIGCI) Secretariat Building in Accra, situated at Roman Ridge, a suburb of Accra.
The president urged the two countries…
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Ghana May Postpone Delivery of 250,000 MT of Cocoa Due to Shortage
Ghana is in talks with traders to postpone the delivery of at least 150,000 to 250,000 tons of cocoa until next season due to a lack of beans, in the latest sign of how a supply crunch is roiling the global market.
The Ghana Cocoa Board,…
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Illegal Mining Threatening Ghana’s $230M Cocoa Rehabilitation
More than 4,300 hectares of cocoa farms in the Nkawie Cocoa District of the Ashanti Region are at risk of destruction through illegal gold mining activities.
Ebenezer Agyen, the Ashanti Regional Manager of Ghana Cocoa Board's extension…
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Ghana Raises Cocoa Farmgate Price by 58.26% to GHC2,070 per bag
Ghana has increased the cocoa farmgate or producer price for the prevailing 2023/24 season by 58.26%, from GH¢20,928 per tonne to GH¢33,120.00 per tonne for the rest of the 2023/24 cocoa season.
This figure translates into…
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New Standard for Measuring Cocoa Household Income Launched
The World Cocoa Foundation (WCF) has launched a new methodology for measuring cocoa farmer household income and living incomes.
The newly developed multistakeholder methodology is expected to be adopted generally as a "strong…
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