Ghana Pays $400m Yearly In Subsidies As Cocoa Prices Tumble
Ghana is said to be paying as much as $400 million yearly in cocoa producer price subsidies following a sustained assault on the international market price for the commodity.
The country in September 2020 announced an unprecedented 28…
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Cocoa Buyers Back Ivory Coast And Ghana’s Cocoa Premium Schemes
Major cocoa buyers have agreed to pay a premium and back a price floor on cocoa sold by Ivory Coast and Ghana as part of an agreement reached on Friday to combat poverty among farmers.
Cocoa industry players will back a fixed "living income…
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Cocoa Producers Accuse Big Chocolate Of Deliberate Price Manipulation
Global cocoa-producing giants, Ghana and Cote d'Ivoire, are suspecting chocolate companies of perpetrating a deliberate price manipulation scheme for their produce, much to the disadvantage of their farmers.
The Chief Executive of Ghana…
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Ghana, Cote d’Ivoire Summon Chocolate Companies Over LID, Origin Premium
Leading multi-national chocolate companies and key industry actors have assembled in Accra, the capital of Ghana, for crunch discussions bordering on cocoa trade at the instance of the Cote d'Ivoire Ghana Cocoa Initiative (CIGCI).
A…
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New Audit Committee To Help COCOBOD Develop Risk Management Policy
The five-member Audit Committee of Ghana Cocoa Board (COCOBOD) has been inaugurated by Dr. Eric Oduro Osae, the Director-General of the Internal Audit Agency (IAA).
He asked the committee members to be guided by the Public Financial…
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Nyonkopa Facilitates Land Rights Documentation For 501 Ghanaian Cocoa Farmers
Over 500 cocoa farmers in Ghana have been supported to obtain land rights documentation for their farms.
This forms part of the Cocoa Household Income Diversification Project undertaken by Nyonkopa Cocoa Buying Ltd, a member of the Barry…
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Fairtrade Africa Touts Gains Of Sustainability Schemes At ARSO General Assembly
Fairtrade Africa (FTA) has asserted at the 28th ARSO General Assembly in Yaoundé, Cameroon, that sustainability in supply chains has come to stay.
FTA programme team leader of cocoa in Ghana, Abubakar Afful, has there launched a spirited…
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Barry Callebaut Ghana Signs Deal To Increase Solar Power For Cocoa Processing
Barry Callebaut Ghana has partnered with Empower New Energy, a Norwegian solar investment company, to expand solar production at its manufacturing site in Tema.
The Barry Callebaut Group is the world’s leading manufacturer of chocolate and…
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EU, Côte d’Ivoire, Ghana And Industry Agree Alliance On Sustainable Cocoa
The European Union, Côte d’Ivoire and Ghana and other cocoa sector stakeholders have agreed to step up work on making cocoa more sustainable.
At a high-level event of the EU's sustainable cocoa initiative dubbed “Cocoa Talks”, the parties…
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ECOM’s Smarter Cocoa Charter Places Farmers At The Heart Of Business
A global cocoa and ingredients trading giant, ECOM, has published a fresh set of commitments and time-bound targets to drive forward its mission to grow a smarter future for cocoa.
The Smarter Cocoa Charter is ECOM’s first-ever…
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