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Cocoa Crisis: Farmers Struggle as Prices Soar

3/10/2026

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Story summary
  • The cocoa industry in West Africa faces a crisis as chocolate prices rise, while farmers in Ghana and Ivory Coast do not benefit.
  • Akosua Frimpong, a Ghanaian farmer, reports payment delays that leave families in dire financial situations.
  • Ghana's Cocoa Board (Cocobod) has set high guaranteed prices, but international prices have fallen and debt grows.
  • Cocobod plans to cut the guaranteed price and boost domestic processing, prompting farmer concern.