News

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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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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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 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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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 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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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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The Ghana Civil-society Cocoa Platform (GCCP) has called on Ghana Cocoa Board (COCOBOD) to review its forward sales cocoa marketing system amidst soaring market prices. The forward sales system refers to contractual agreements made…
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Ghana will raise the fixed farmgate price paid to cocoa farmers by up to 50% in an effort to share profits from rising global prices and deter farmers from bean smuggling, a spokesperson at the country's cocoa marketing board Cocobod said…
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The Ivorian Platform for Sustainable Cocoa (PICD), an umbrella group for cocoa cooperatives and civil society organisations, has welcomed the 50% increment in the cocoa farmgate price. The Ivorian government and the regulator…
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