Côte d’Ivoire, Ghana cocoa farmers to reap from the newly introduced premium living income

WEST AFRICA – Ghana and Côte d’Ivoire have agreed to sell cocoa with a premium Living Income of $400 a tonne added to the price in a bid to address a perceived imbalance between farmers’ […]

World Bank and Ghana join forces to combat carbon emissions in cocoa producing regions

GHANA – The World Bank and Ghana have agreed to work together in a five-year programme that seeks to reduce carbon emission and promote climate-smart cocoa production. The five-year Emission Reductions Payment Agreement (ERPA) under […]

The International Cocoa Organisation determined to forge ahead with relocated African headquarters

IVORY COAST – With the recently relocated International Cocoa Organisation (ICCO) headquarters from London to Abidjan, in Ivory Coast, the ICCO is poised to deliver more on its goals. The ICCO headquarters were moved to […]

Stock Exchange to suspend Ghana’s cocoa trading company PBC

GHANA – The Ghana Stock Exchange (GSE) is set to suspend the listing status of licensed cocoa buyer, Produce Buying Company (PBC) Limited, from the bourse. GSE said that the suspension of PBC from the […]

Ghana to increase cocoa farmgate price by 5.2% amid strong sales prospects

GHANA – Ghana is set to raise cocoa farmgate prices by 5.2% for the 2019/20 season, the first increase in four years, supported by strong sales of export contracts to chocolate makers and cocoa houses. […]

Ghana teams up with Israel on scientific research of cocoa swollen shoot disease

GHANA – Ghana Cocoa Board (COCOBOD) and the Volcani Centre of Israel have signed a Memorandum of Understanding (MoU) for a scientific research collaboration that seeks to eliminate the Cocoa Swollen Shoot Virus Disease (CSSVD). […]

Ghanaian cocoa regulator to raise US$1.3bn to finance its 2019/20 operations

GHANA – Ghana Cocoa Board (COCOBOD) has unveiled that it will be raising US$1.3 billion (GHȼ 6.96 billion) in syndicated loans for its operations in the 2019/2020 season. The Minister of Finance, Mr Ken Ofori-Atta, […]

COCOCBOD embarks on efforts to stimulate growth in Ghana’s cocoa industry

GHANA – After successfully setting cocoa flour prices, Ghana’s Cocoa Board  (COCOBOD) is now set to drive growth in volumes of the commodity as it seeks to net more revenues from the international market.   […]

PBC, AMG launch cocoa sensitization programme in Ghana to boost productivity

GHANA – The Produce Buying Company (PBC) LTD one of the leading cocoa marketers in Ghana in partnership with the Agricultural Manufacturing Group Limited (AMG) have launched an intensive cocoa sensitization program in Ashanti region […]

Ghana, Cote d’Ivoire to begin implementing cocoa floor price in 2020/2021

WEST AFRICA – Ghana and Cote d’Ivoire have scheduled the 2020/2021 season as takeoff for implementation of the agreed minimum price for cocoa produced in the two countries. As per the provisions of the agreement, […]