Management of Ghana Cocoa Board has rubbished allegations of nepotism against the Chief Executive Officer (CEO) Hon Joseph Boahen Aidoo. A statement issued and signed by the Head of Public Affairs of COCOBOD, Fiifi Boafo indicated that the CEO is not in anyway related to owners of Agri-Plus who have been awarded a contract. “We […]
For the first time in 28 years, the Ghana Cocoa Board (COCOBOD) has signed a US$1.3 billion syndicated loan through a virtual platform with lenders and lead arrangers abroad. The meeting which was organized via a video conferencing due to the COVID-19 pandemic saw 28 banks participate in this year’s syndication. The funds, which will […]
To stop the illegal adjustments of scales used to weigh cocoa beans at sheds (cocoa purchasing and weighing points) run by Licenced Buying Companies (LBCs), the Ghana Cocoa Board (COCOBOD) will distribute tamper-proof electronic sealable weighing scales to LBCs. The new electronic scales were recommended by the Ghana Standards Authority, following an inspection of the […]
The Ministry of Food and Agriculture (MoFA) is set to begin exercising formal ministerial responsibility over Ghana Cocoa Board (COCOBOD) as processes to legalize the new regime are nearing completion. This follows the second reading of the Ghana Cocoa Board (Amendment) Bill, 2017 last week in parliament. Although, ministerial responsibility is already being exercised by […]
The Chief Executive of the Ghana Cocoa Board (COCOBOD), Hon. Joseph Boahen Aidoo and his three deputies have donated 50 percent of their salaries for three months and a cash amount of GH₵ 200,000.00 to support the fight against COVID-19 in the country. In addition, Hon. Aidoo on behalf of COCOBOD presented 5000 gallons of […]
Former President Flt. Lt. Jerry John Rawlings has commended the Ghana Cocoa Board (COCOBOD) for the introduction of motorized slashers and pruners for effective control of weeds on cocoa farms as well as the removal of excess branches and mistletoes on cocoa trees. Interacting with a delegation from COCOBOD led by the Executive Director of […]
Chief Executive of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has cautioned cocoa farmers that giving up their farms to galamsey operators will negatively affect COCOBOD’s capacity to build cocoa roads and continue with other development projects in cocoa farming communities. Beyond its business of regulating Ghana’s cocoa industry and marketing cocoa beans, COCOBOD undertakes […]
The Ghana Cocoa Board (COCOBOD) is optimistic that government’s plan to secure a $600 million facility from the African Development Bank (AfDB) to expand the country’s cocoa sector will be passed the next time it comes up in the House. This comes after the minority in the house raised some concerns that forced Parliament to […]
The Seed Production Division of COCOBOD, in collaboration with the Dormaa Central Municipal Assembly, has distributed 123,360 coffee seedlings to 226 farmers in the Municipality at a cost of GH¢10,000 The beneficiary communities of the seedlings for the third quarter, under Government’s Planting for Export and Rural Development, were Benekwakrom, Asunsu Number Two, Agyemankrom, Asunsu […]
The Ghana Cocoa Board (COCOBOD) has signed an agreement with the China General Technology (Group) Holding (Genertec) for the establishment of a cocoa processing factory in Ghana. The factory, which will be located at Sefwi-Wiawso in the Western North Region will be operated by COCOBOD and Genertec through a Public Private Partnership (PPP). Implementation of […]
Ghana Cocoa Board will raise $1.3 billion in syndicated loans for its operations in the 2019/2020 season, the Minister of Finance Mr Ken Ofori-Atta announced in Parliament on Monday. In addition to the annual syndicated loan of US$ 1.3 billion, COCOBOD has initiated processes with the African Development Bank (AfDB) to raise additional US$600 million, […]
Ghana and Ivory Coast, the world’s largest producers of cocoa, will soon set up a Cocoa Stabilisation Fund Account under the respective cocoa initiatives of both countries. Two accounts will be created – one in Ghana and the other in Ivory Coast, both of which are provided for in the Ghana-Cote d’Ivoire Co-operation Charter. Chief […]
