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Story perspectives

Urgent Call to Action: Cocoa Crisis Threatens Farmers

2/5/2025

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Story summary
  • The Cocoa Farmers Association Alliance of Africa calls on African leaders to tackle cocoa development challenges.
  • Ghana's Cocoa Board (COCOBOD) struggles with a GH¢5.37 billion debt, affecting farmer payments.
  • Cocoa bean smuggling jeopardizes Ghana's revenue; COCOBOD prioritizes timely payments to farmers.
  • COCOBOD aims to enhance production while addressing climate change and illegal mining issues.
  • Cocoa production has dropped from 1.033 million tonnes in 2020/2021 to 550,000 tonnes in 2023/2024.