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Ghana: Cocoa Price Hike Benefits Farmers
DW, 13 October 2020
Ghana has announced an increase of the guaranteed the cocoa price it pays to farmers by 28% per ton for the new growing season. It's the West African nation's latest attempt to… Read more »
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Ghana: Cocoa Producer Price Up By 8.42 Percent
Ghanaian Times, 2 October 2019
Government has announced a new producer price of cocoa for the 2019/2020 crop season from GH¢7,640 to GH¢8,240 per tonne. Read more »
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Ghana: Insurance for Cocoa Farmers - An Idea Whose Time Has Come
Ghanaian Times, 22 September 2020
My father was a cocoa farmer all his life. He helped his father grow cocoa and then, when he became a man, he grew his own. I helped him do that, as a child. Read more »
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Ghana: U.S.$200 Million Boost for Cocoa Production
Ghanaian Times, 24 June 2020
The Ghana Cocoa Board (COCOBOD), has received US$200 million loan facility from a consortium of banks for the take-off of the Productivity Enhancement Programmes (PEPs). Read more »
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Africa: Price Hikes Make Coronavirus Crisis Worse
DW, 18 March 2020
Prices for basic food staples are rising in Africa, as shoppers stock on essentials and sellers seek profits amid the coronavirus scare. Across the continent, people are calling… Read more »
A Sweet Deal for Ghanaian Farmers as Cocoa Prices Hiked
Ghana has announced an increase of the guaranteed cocoa price it pays to farmers - 28% per ton for the new growing season - an attempt to improve the livelihoods of its farmers. Ghana is the world's second-largest exporter of cocoa, after Cote d'Ivoire, exporting around 850,000 metric tons annually. Most of this is unprocessed, ready to be turned into chocolate and other products in Europe and the U.S. "The increase in the price of cocoa beans will boost farmers' morale and the Ghana's leadership must be commended for this initiative," the World Cocoa Farmers Organization's Moses Asiedu has said. In recent years production fell by around 30% because of ageing cocoa trees, poorly-managed plantations and drought. However, the latest increment means that farmers can afford to plant new cocoa and also employ skilled workers, rather than child labour.
InFocus
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With Ghana having a high volume of cocoa beans to trade with the world, the higher price for the commodity could see poor farmers able to employ labourers to assist them. Read more »
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Ghana President Akufo-Addo has said that he and his Ivorian counterpart President Ouattara have decided to work together to address the impact of international pricing of cocoa on ... Read more »
