Cocoa Capital PLC, a wholly owned subsidiary of Ghana Cocoa Board (COCOBOD), is raising up to GHS16.3 billion through the Domestic Cocoa Notes Programme to support cocoa purchases and strengthen the financial position of the cocoa sector. Of the aggregate financing target, GHS 14 billion will be issued via Commercial Paper (CP) to fund short-term […]
The Chief Executive of COCOBOD, Dr. Ransford Abbey, and his Deputy in charge of Finance & Administration, Mr. Ato Boateng, held a strategic engagement with leading international cocoa trading companies in London as part of preparations for Ghana’s 2026/27 cocoa season. The meeting, convened by Ghana Cocoa Marketing Company (UK) Ltd. (GCMC UK), brought together […]
The Ghana Cocoa Board (COCOBOD) wishes to inform bondholders, investors, cocoa industry stakeholders, and the general public that it has settled an amount of GHS2,306,202,372.09, completing its mandatory payment obligations to holders of bonds affected by the Domestic Debt Exchange Programme (DDEP) for the year 2026. Earlier in March 2026, a coupon amount of GH¢376,325,910.09 […]
The Minister of Finance, Dr. Cassiel Ato Forson, has called for the harmonization of cocoa producer prices between Ghana and Côte d’Ivoire as a strategic measure to combat cross-border smuggling, protect farmer incomes, and strengthen collaboration within the global cocoa industry. Speaking in his capacity as Chairman of the Steering Committee of the Côte d’Ivoire–Ghana […]
The Government of Ghana, through the Ghana Cocoa Board (COBOD), has announced that the producer price of cocoa for the 2026 Light Crop Season will remain unchanged despite declining global cocoa prices. According to a circular signed by the Deputy Chief Executive in charge of Agronomy and Quality Control (A&QC), Dr. Francis Baah, purchases for […]
The Ghana Cocoa Board (COCOBOD) says it has commenced payments to Licensed Buying Companies (LBCs) to enable them to settle outstanding amounts owed to cocoa farmers for beans already delivered. The development follows growing concerns about prolonged payment delays, which have left many farmers unpaid for several months and raised fears about the sustainability of […]
The Ghana Cocoa Board (COCOBOD) has settled coupon payments worth GH¢2 billion to investors of its restructured cocoa bills. Joy Business understands that the payments were made on Monday, September 1, 2025, to investors holding these instruments. Following the Domestic Debt Exchange Programme, the restructured bills are now classified as bonds. The restructuring, which mainly […]
Bank of Ghana Governor, Dr. Johnson Asiama, has revealed that COCOBOD is expecting over $4 billion in inflows before the end of this year. He explained that the funds are part of a new financing arrangement introduced by COCOBOD to support cocoa purchases for the new crop season. Speaking in an exclusive interview with Joy […]
The Anti-Cocoa Smuggling Taskforce of the Ghana Cocoa Board (COCOBOD), in collaboration with national security, has apprehended a driver and a mate at Old Akrade in the Asuogyaman district for attempting to smuggle cocoa beans. According to a national security source, the task force received a tip-off around midnight about individuals transporting cocoa beans to […]
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 […]
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, […]
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. […]
