News

By the end of this week, a number of licenced buying companies (LBCs) or cocoa buyers in Ghana may suspend cocoa purchasing activities upcountry, Cocoa Post has gathered. LBCs are companies authorised to buy cocoa beans directly from…
Read More...

Cocoa farmers in Ghana are currently facing significant financial challenges, with many struggling to make ends meet despite their hard work. This follows the recent reduction in the cocoa producer price from GH¢3,625 to GH¢2,587, which…
Read More...

Unsold bags of cocoa beans are stacked almost to the ceiling in Sekou Dagnogo’s warehouse in Ivory Coast’s western Duekoue town, where his cooperative is struggling to sell to exporters following a fall in global cocoa prices. Exporters…
Read More...

Ghana Cocoa Board (Cocobod) has announced cuts to salaries of its executive management and senior staff in line with reforms that saw the farmgate cocoa price slashed by more than 28 percent last week. The pay cut is explained to be "in…
Read More...

Ghana will not be returning to the 32-year-old cocoa syndicated loan financing mechanism, moving to completely end its reliance on foreign capital to fund cocoa purchases in favor of a domestic bond-led model. Finance Minister Dr. Cassiel…
Read More...

Ghana has announced a 28.6 percent cut to farmgate cocoa prices as world market prices for the commodity continue to tumble. "Effective today, Thursday, 12 February 2026, the new producer price for the remainder of the 2025-2026 crop…
Read More...

The government of Ghana has approved emergency measures aimed at expediting payments to cocoa farmers across the country, Accra-based news portal Myjoyonline has reported. The move, a significant step to bail out Ghana Cocoa Board the…
Read More...

The Licensed Cocoa Buyers Association of Ghana (LICOBAG) has attributed the deepening crisis in the cocoa sector to what it describes as a flawed sales strategy by the Ghana Cocoa Board (COCOBOD), its trading arm, the Cocoa Marketing…
Read More...

A farmer in Ghana's northern savanna grasslands has broken the age-old myth that cocoa, a forested crop, cannot thrive in the arid region. Cocoa production in the West African country dates back to 1879 in the Eastern Region and later…
Read More...

Afarinick, a leader in landscape restoration and farm management; CJ Commodities, a licensed Ghanaian cocoa buying company with a 10% market share in the 2024/25 season; and Oman Carbon, a pan-African Carbon Project Developer, today…
Read More...