Cocoa prices soar as Ghana, Cote d’Ivoire threaten supply cut

June 13, 2019 Cocoa prices rose sharply on Wednesday after key producers Cote d’Ivoire and Ghana threatened to stop selling their production to buyers unwilling to meet a minimum price. The threat...

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June 13, 2019 / Comments (0)

Ghana, Côte d’Ivoire propose US$2,600 as maiden floor price for cocoa beans

June 12, 2019 Ghana and Cote d’Ivoire have resolved not to sell their cocoa on the international market if they fail to obtain proposed price for the produce. The two countries, which supply more...

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June 12, 2019 / Comments (0)

COCOBOD plans to raise $2bn from 20-yr bond

May 31, 2019 The Ghana Cocoa Board (COCOBOD) plans to reduce its reliance on short-term debts, particularly the annual cocoa loan, in favour of long-term bonds to help provide breathing space for the...

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May 31, 2019 / Comments (0)

‘Adopt climate-smart options to enhance coffee yields’

May 23, 2019 Climate change and deforestation are putting more than half the world’s wild coffee species at risk of extinction, including the popular commercial coffees Arabica and Robusta, Deputy CEO...

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May 23, 2019 / Comments (0)

Government won’t reduce producer price of cocoa – President Akufo-Addo assures farmers

May 13, 2019 President Nana Addo Dankwa Akufo-Addo has assured cocoa farmers that the government will not reduce the current producer price of cocoa, in spite of the plummeting world market price. The...

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May 13, 2019 / Comments (0)

COCOBOD programme improves cocoa yield

May 9, 2019 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 as part of its Productivity Enhancement Programme...

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May 9, 2019 / Comments (0)

Domestic cocoa processing hits 300,000 tonnes

November 28, 2018 Domestic processing of cocoa hit 300,000 tonnes in the 2017/2018 cocoa season, a 19 per cent jump from the 252,000 tonnes processed the previous season. That brings to 34 per cent of the...

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November 28, 2018 / Comments (0)

Government engages cocoa farmers to strengthen ties

November 20, 2018 The Government has commenced engagements with cocoa farmers across the country as it seeks to strengthen ties with players in the cocoa sector. The engagements began yesterday, at Akyem...

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November 20, 2018 / Comments (0)

Cocoa producer price maintained at GH¢7,600 per tonne

October 3, 2018 Government has maintained the amount of money it pays cocoa farmers for the 2018/19 season at GH¢7,600.00 per tonne – the same as paid in the 2017/18 season, Dr. Owusu Akoto Afriyie, the...

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October 3, 2018 / Comments (0)

Oil revenue outstrips cocoa as 2nd biggest foreign exchange earner ; Peaks at US$2.9bn in August

October 2, 2018 Oil export proceeds have overtaken cocoa as the country’s second biggest foreign exchange earner. Figures from the Bank of Ghana (BoG) has indicated that the country has been earning more...

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October 2, 2018 / Comments (0)