The Ghana Civil-society Cocoa Platform (GCCP) has urged the Ghana Cocoa Board (COCOBOD) to reconsider its forward sales cocoa marketing system in light of the surging market prices. This system entails contractual agreements between cocoa producers and buyers for the exchange of cocoa beans or products at a predetermined price at a future date, serving […]
Ghana’s cocoa farmers are expressing dissatisfaction with their financial situation, attributing their plight to the Cocoa Board (Cocobod), the entity mandated by law for their produce transactions. Farmers argue that Cocobod, responsible for purchasing their cocoa, has treated them unfairly, with Anane Boateng, the president of the Ghana National Cocoa Farmers Association, asserting that despite
Ghanaian cocoa farmers face challenges due to shortage of funds, according to BBC report Read More »
Rainforest Alliance, an international non-governmental organization, along with its partners, the International Cocoa Initiative (ICI) and Solidaridad Ghana, supported beneficiaries residing in seven communities: Asakyiri, Dejanso, Kusease, Subriso Savior, Asokore, Bodoma, and Aboaso in the Bekwai cocoa district in the Ashanti Region. This support, funded by NORAD, aimed to empower individuals to start their businesses,
Ivory Coast’s cocoa regulatory body is encountering difficulties in selling cocoa export contracts for the 2024/25 season, as multinational cocoa buyers are insisting on lower prices, despite the current market conditions affected by supply shortages, according to Reuters. Ivory Coast, the world’s leading cocoa producer, together with neighboring Ghana, contributes to about two-thirds of the
Multinational buyers of cocoa are refusing to pay the current market prices Read More »
On October 31, 2023, the Baakoye Cooperative Cocoa Farmers Union, located in the Bekwai municipality, generously provided assistance to deserving students in the area. The support items, including school bags, exercise books, various supplies, and cash, were distributed to these bright yet underprivileged students. This charitable initiative reached several towns within the Bekwai Municipality, namely
BAAKOYE COOPERATIVE COCOA FARMERS PROVIDE ASSISTANCE TO NEEDY BUT BRILLIANT STUDENTS Read More »
President Akufo-Addo’s latest announcement marks an unprecedented 63.6% increase in cocoa prices. This substantial surge takes cocoa prices from GHC 12,800 per metric tonne to GHC 20,943 per metric tonne, or from GHC 800.00 to GHC 1,308.99 per bag. This move demonstrates a strong commitment to supporting Ghana’s cocoa farmers. Delivering this news from Tepa
President Akufo-Addo declares a 63% increase in the cocoa farmgate price. Read More »
Cocoa farmers in Ghana are urgently appealing to the government for a significant increase in the farmgate price of their cocoa produce. Their primary reasons include addressing poverty among farmers, curbing cross-border smuggling, and combating illegal mining activities on cocoa farms. These farmers, organized under the Ghana Civil-society Cocoa Platform (GCCP), recently held a press
Cocoa Farmers in Ghana want 72% increase in farm-gate price Read More »
Cocoa farmers are pressing for a farm-gate price of GH¢1,380 per 62.5kg bag of cocoa beans, marking a substantial 72.5 percent rise from the current GH¢800 rate. With COCOBOD poised to unveil new prices for the upcoming 2023/2024 cocoa season in the coming days, the Ghana Civil Society Cocoa Platform (GCCP) conveyed their stance during
Ghanaian cocoa farmers ask for farm-gate price increase Read More »
European cocoa buyers must be ready to pay more for cocoa beans that meet the region’s looming sustainability rules, key grower Ghana warned. Ivory Coast and Ghana which produce two-thirds of the chocolate ingredient, are having to set up systems to comply with new European Union (EU) regulations that ensure products are not grown on
Ghana asks European cocoa buyers to pay more for sustainable cocoa Read More »
