The Ghana Cocoa Board (COCOBOD) CEO, Joseph Boahene Aidoo, has disclosed that Ghana lost an alarming 120,000 metric tons of cocoa beans to smuggling between 2022 and 2023. This significant loss poses a serious threat to Ghana’s cocoa industry, which is a key contributor to the national economy. The smuggling of cocoa beans has long […]
The Ghana Cocoa Board (COCOBOD) spent almost a billion Ghana cedis last year to rehabilitate aged cocoa farms and those ravaged by swollen shoot virus disease (SSVD) to help increase national production in the short to medium term. The money was used to fund the cutting down of diseased and aged cocoa trees, nursing and […]
The government has increased the price paid to cocoa farmers at the farm gate to GH¢33,120 per tonne. This marks a 58.26 per cent increase over the GH¢20,928 per tonne paid to the farmers at the farm gate, also known as the producer price. The Ghana Cocoa Board (COCOBOD) announced this in a statement issued […]
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 […]
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 […]
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 […]
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 […]
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) 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 […]
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 […]
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, […]
