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Tag Archives: COCOA

Customs intercepts smuggled cocoa beans

Customs officials from Ave-Havi Station of the Aflao Command of Customs Division of the Ghana Revenue Authority (GRA) have intercepted 53 rice bags of raw cocoa beans being smuggled from Ghana to Togo. The cocoa beans were packaged in 16 bags (65kg) and 37 bags (30kg) with total weight of …

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Chocolate danger: Ghana’s cocoa output hit hard by dry, hot winds

Overly dry and hot winds in West Africa are damaging prospects for cocoa output for the second year in Ghana, the world’s second-largest producer, sources told Reuters News Agency. Cocoa futures on Intercontinental Exchange are near their highest in three years, driven in part by the adverse weather, which has …

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All about the man whose 140-year-old farm is still making Ghana rich – Tetteh

It’s just about 4 days away from Valentine’s day, what now has become themed, “Chocolate Day” in Ghana. Various shapes and sizes of chocolate and cocoa products will dominate on the day, with loved ones sending gifts as expressions of love to their loved ones. Perhaps now is a good …

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Armed robbers seize truck carrying 220 bags of cocoa

A gang of armed robbers has reportedly seized and fled with a KIA truck, loaded with 220 bags of cocoa, on the Bogoso-Tarkwa-Nsuaem road. The truck, with registration number AS 8864 – 19, was carrying the cocoa to the Takoradi Port. The incident happened at about 0200 hours on January …

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Make cocoa industry more attractive by supporting farmers – WCFO President tells gov’t

The President of the World Cocoa Farmers organization (WCFO) Mr. Abraham K. Adusei has appealed to the government to urgently address some of the major challenges facing the cocoa industry with with provision of basic social amenities to the cocoa growing areas to make the industry attractive. According to Mr …

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Challenges within Ghana cocoa sector go beyond pricing mechanism – IMF

The IMF is advising Ghana to consider other essentials and not just the pricing mechanism in building a strong cocoa sector. The IMF Resident Representative to Ghana, Dr. Albert Touna, made this statement at the launch of IMANI’s report within the cocoa sector. According to Touna, although price is a …

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300 Companies bid for 43 cocoa roads

Three hundred construction companies have submitted bids to the Ghana Cocoa Board (COCOBOD) for the construction and rehabilitation of roads in cocoa growing communities nationwide. The firms are competing to be selected as contractors for the first phase of the cocoa road projects, which resumed this year after it was …

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German investor to build cocoa processing plant in Suhum Ghana

A German investor is set to build a cocoa processing plant in Suhum in the Eastern region, according to the German Ambassador to Ghana, Christoph Retzlaff. He said under the Compact with Africa (CwA) there will be more German investments in ‘Do The Right Thing’ (DTRT) textile factory which is …

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Life Returns To Abandoned Village After Cocoa Farm Rehabilitation Programme

Cocoa farmers who were forced some two years ago by the ravaging impact of the Cocoa Swollen Shoot Virus Disease (CSSVD) to desert their farms and hamlets in parts of the Western North Cocoa Region are beginning to return to their villages to resume farming. This trend of farmer returns …

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Parliament to approve US$600 mn cocoa stimulus loan despite minority’s concerns

Parliament is today expected to approve the US$600 million credit facility meant for the Cocobod cocoa sector stimulus programme despite concerns raised by the minority over certain aspects of the facility. The stimulus package which is being financed with a loan facility from the African Development Bank will, among other …

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