Ghana’s industry regulator Cocobod plans to open the 2017/18 cocoa seasons on October 13, later than usual, after receiving part of a syndicated loan it signed this month to cover its purchasing needs, two company officials said on Saturday. The world’s second-largest cocoa producer does not plan to lower the producer price at which it buys beans from farmers,…
The Dubai Chamber of Commerce and Industry has begun talks with the Ghana Cocoa Board (COCOBOD) to purchase cocoa beans from Ghana to Dubai. The discussion is also to explore how the chamber could bring investors into the country to set up a processing factory in order to add value to the cocoa beans before exporting them. “For now,…
According to research at the University of Reading, cocoa contributes between 70 to 100 percent of Ghanaian farmers’ annual household income and employs about 3.2 million workers there. Ghana is the second largest producer and exporter of cocoa beans, after Côte d’Ivoire. Taking place in Accra, Ghana, Chocothon’s short-term goal is to identify low-tech solutions to reduce sustainability challenges….
By Matthew Mpoke Bigg | ACCRA Ghana’s incoming government could give the country’s $2 billion cocoa industry a boost if it installs a more transparent executive at industry regulator Cocobod and implements reforms, industry sources said. The New Patriotic Party (NPP) said its priority is to push annual cocoa output in the world’s second-biggest producer above 1 million tonnes…
