Ghana is turning to an internationally certified agro-processing facility in Dubai to add value to its cocoa and coffee and export them to the global market without hindrance. This will ensure that the country obtains more value from both commodities, about 10 times more than what it currently earns. Ghana can rake in over $10 […]
Tag: Joseph Boahen Aidoo
Cocoa production hits record high – yields 1,033 tonnes
Ghana has set a new cocoa production record with 1.033 million tonnes of beans for the 2020/2021 season. This comes six weeks before the 2020/2021 cocoa season gets to a close, which means that the figure can still go up before the harvest period ends. The previous record was 1.024 million tonnes which was recorded […]
Baseless nepotism claims against COCOBOD CEO untrue – Management denies
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 […]
COCOBOD signs US$1.3bn syndicated loan to finance 2020/2021 cocoa purchase
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 […]
COVID-19: COCOBOD CEO and deputies donate salaries, sanitizers and more to support fight
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 […]
Cocoa roads in danger if cocoa farms are given to galamseyers-Cocobod CEO sounds alarm
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 […]
COCOBOD, China signs agreement for establishment of Cocoa processing factory in Sefwi-Wiawso
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 strike first cocoa deals with $400 living income premium
Ivory Coast and Ghana have agreed initial deals to sell cocoa with a living income premium of $400 a tonne added to the price, in a bid to reform the way global cocoa is priced, industry sources and a government source told Reuters. In a move aimed at easing pervasive farmer poverty, the West African […]
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 to eliminate labour-intensive aspects of Cocoa farming-CEO
The decision by the Ghana Cocoa Board (COCOBOD) to import and distribute motorized slashers to cocoa farmers in the country was born out of the government’s recognition of the need to alleviate the labour intensive parts of cocoa farming; beginning from planting to harvesting and then on to the sale of their harvest. It is […]
Let’s be factual with discussions on Cocoa farmgate price-Fiifi Boafo urges
The Ghana Cocoa Board (COCOBOD) has advised the public to ensure that discussion on the cocoa sector and in particular, the producer price paid to cocoa farmers for their produce, was guided by facts and not sentiments. In a response to recent comments on the producer price of cocoa by Citizens Watch, a think tank, […]