The Public Affairs Manager of COCOBOD, Fiifi Boafo, has attributed the decrease in production of cocoa beans to adverse weather conditions. According to him, heavy rainfall at the beginning of the cocoa season had a significant impact on cocoa cultivation, affecting the fruiting process and ultimately reducing the expected harvest. While acknowledging the importance of […]
Tag: Cocobod
COCOBOD to channel cocoa farmers scholarship funds into development of school infrastructure
The Ghana Cocoa Board (COCOBOD) plans to channel funds, set aside for its Farmers Scholarship Trust for beneficiaries entering senior high schools (SHS), into developing school infrastructure for needy communities. For almost 50 years, the COCOBOD, through its scholarship scheme, has provided scholarship for children of cocoa farmers in SHS, primarily paying for their tuition, […]
COCOBOD set to distribute electronic cocoa weighing scales soon
The Chief Executive Officer of Cocoa Board (COCOBOD), Joseph Boahen Aidoo says the Board will soon distribute electronic scales that will be used to weigh cocoa in farming communities across the country. He said this at Pramkese in the Kwaebibirem Municipality of the Eastern Region as part of his working visit to the region. Mr. […]
COCOBOD CEO tasks managers to turn fortunes around
Chief Executive of Ghana Cocoa Board (COCOBOD), Mr Joseph Boahen Aidoo has called on managers and directors of the board to work innovatively to change the fortunes of the cocoa industry. He made the call when he briefed managers and directors from the head office, divisions and subsidiaries at a meeting held at Cocoa House […]
Cocoa farmer co-operatives to access inputs direct from COCOBOD – CEO
The Ghana Cocoa Board (COCOBOD) is adopting a new policy of providing support services, farming products and inputs to cocoa farmers through their registered co-operatives to ensure a far more efficient and timely delivery of such products and services to all cocoa farmers across the country. The provision of products and services through co-operatives is […]
COCOBOD moves to raise up to two billion dollars in bonds
Ghana Cocoa Board (Cocobod) plans to issue up to two billion dollars in bonds to pay off some legacy debts on its books, Mr Ray Ankrah, Deputy Chief Executive Finance, has said. Speaking at a meeting with executives of Standard Bank Group in Accra, Mr Ankrah said Cocobod was looking at a tenor of between […]
Alhassan Andani leads powerful delegation from Standard Bank to meet COCOBOD CEO
Executives of the Standard Bank Group have visited the Chief Executive of the Ghana Cocoa Board (COCOBOD), Joseph Aidoo Boahen. The Executives were at his office on Tuesday, May 28, 2019, in Accra, to among other things, learn about the operations of the Ghana cocoa sector as well as to find out ways in which […]
Cocobod trial: A-G’s witness fumbles under cross-examination
There was drama in court when a special adviser to the Minister of Agriculture fumbled, for greater part of cross-examination, as he tried strenuously without much success to remember names of American NGOs he claimed he worked with between 2014 and 2016. Dr. Yaw Adu-Ampomah had in previous sitting told the Accra High Court presided […]
COCOBOD prunes 12 thousand hectares of Cocoa farms in Bono, Bono East and Ahafo regions
As part of its Productivity Enhancement Programme (PEP), the Ghana Cocoa Board (COCOBOD) has pruned about 12, 424.4 hectares of cocoa farms this year in the Bono, Bono East and Ahafo regions. The mass pruning exercise, which started in March 2019 and is expected to end this month, forms part of the implementation of various […]
COCOBOD signs $300m loan to refinance bills, finance programmes
Ghana Cocoa Board (COCOBOD) signed a $300 million three-year loan with several international lenders yesterday to refinance central bank-raised cocoa bills and finance production enhancement programmes. Last September, COCOBOD announced that it was in talks with international lenders for such a loan. That month, COCOBOD signed a $1.3 billion loan with international banks to finance […]
Cedi rebounds ahead of Eurobond proceeds, COCOBOD loan facility and others
EVEN as government awaits proceeds from its recent over-subscribed $3 billion Eurobond, in addition to other interventions that will inject some foreign exchange onto the market the cedi has already started making some gains on the forex market. The local currency has since March 13, 2019 regained some 5.86 per cent value against the US […]
Opuni, Agongo trial: another major setback as Judge rejects motion for stay of proceedings
The defence in the ongoing trial of Dr Stephen Kwabena Opuni, a former Chief Executive of COCOBOD, and Mr Seidu Agongo, the CEO of Agricult Ghana Limited, yesterday suffered yet another major blow when the high court rejected a motion for stay of proceedings filed by Mr Benson Nutsukpui, the lawyer for Mr Seidu Agongo. […]