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.
