Tag Archives: COCOA PRODUCTION

The Ghana Cocoa Board (COCOBOD) has signed a syndicated loan agreement of $1.3billion for the purchase of cocoa beans in the 2020/2021 crop season. The Chief Executive Officer (CEO) of COCOBOD, Mr Joseph Aidoo, explained that Ghana would receive the money when the agreement is signed, adding that cocoa farmers …

The Akufo-Addo government has indebted Ghana’s cocoa trees to the tune of $600 million, opposition lawmaker Eric Opoku has said. The Asunafo South Constituency MP told Accra-based Asempa FM that: “For the first time in the history of cocoa in Ghana, the NPP government has used Ghana’s cocoa to go …

Ghana’s parliament on Wednesday, 6 November 2019 approved the $600-million loan agreement for the Cocoa Productivity Enhancement Project. Several initiatives such as mass cocoa-spraying exercises, agronomic support and input subsidies are expected to be undertaken under the project. The loan is sourced from AfDB. The House approved the loan through …

Parliament has deferred the approval of a 600 million dollar loan facility for the Ghana Cocoa Board’s (COCOBOD) cocoa productivity enhancement programme. This was after the Minority Leader, Haruna Iddrisu questioned the utilization of 68 million dollars for hand pollination, 5 million dollars as part of the school feeding programme …