Category: Agribusiness
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Government pledges to intensify efforts in adding value to cocoa
As Ghana prepares to celebrate the National Chocolate week, stakeholders in the cocoa sector have pledged to intensify efforts to add more value to the country’s cocoa. According to them, this would be done by focusing more on making beans available to local entrepreneurs to enhance their value addition ventures. Cocoa farming has for many…
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We’ll settle debts to LBCs in the coming weeks – COCOBOD
The Public Affairs Manager of the Ghana Cocoa Board (COCOBOD), Fiifi Boafo has assured that his outfit will in a few weeks secure about $200 million dollars to settle the arrears owed some License Buying Companies (LBCs) and farmers across the country. This follows yesterday’s summoning of the CEO of COCOBOD, Joseph Boahen Aidoo by…
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Lack of UK-GH Brexit deal threatening jobs in tuna industry
The lack of a new trade deal between Ghana and the United Kingdom (UK) post-Brexit, is threatening thousands of jobs in the tuna industry in Ghana. So far, the UK has inked post-Brexit trade deals with 13 African countries including Kenya, Ivory Coast and South Africa among others, which allows them to export some of…
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Give LBCs money to buy our cocoa seeds – Cocoa farmers appeal to government
Cocoa Farmers in the Western North Region are calling on government to release funds to the Local Buying Companies (LBCs) to enable them pay for their produce. Shortage of money at cocoa buying companies is causing a lot of financial constraints to farmers as they seek to settle their wards for school. Over the years,…
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Kawa Moka strives to transform Ghana’s coffee industry
The global chocolate industry is worth $100 billion. Multi-national companies such as Mars, Mondelez International, and Nestle rake in billions of dollars of revenue each year. Ghana, one of the leading producers of cocoa globally, makes a mere $2 billion from the industry. Last year, the Minister of Agriculture, Dr. Owusu Afriyie Akoto, informed the…
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Producers of poultry products lament shortage of feed
Consumers of poultry and its related products may have to revise their budget this festive season as producers anticipate an increase in the prices of poultry products. These producers of poultry in some parts of the country attribute it to the increase in the price of poultry feed which in some areas has even become…
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Cocoa Barometer 2020 demands system change to end poverty within cocoa sector
A new report released by the Cocoa Barometer analysing trends within the cocoa sector has highlighted the need for government and industry stakeholders as well as farmers and civil society organisations, to outline policies to end deforestation and human rights abuses within the cocoa supply chain. According to the report dubbed, ‘Cocoa Barometer 2020’, after…
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New cocoa pension scheme will attract youth into sector – Concerned Farmers Association
Following President Nana Addo Dankwa Akufo-Addo launch of a pension scheme for the country’s cocoa farmers, the President of the Concerned Farmers Association of Ghana, Nana Oboadie Boateng Opambour has welcomed the new scheme, but says an independent body with strong representation from cocoa farmers needs to manage the scheme to ensure it succeeds. Speaking…
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1D1F: Akufo-Addo commissions Bodukwan multi-fruit processing factory
The President, Nana Addo Dankwa Akufo-Addo, has commissioned the Bodukwan Multi-Fruit processing Factory, a project operating under government’s One-District-One-Factory (1D1F) initiative. The fruit processing plant, which has an installed capacity of 72 metric tonnes per day, will process seven varieties of fruits and vegetables including mango, pineapple, watermelon, and tomatoes into concentrates for exports and…
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Akufo-Addo launches pension scheme for cocoa farmers
President Nana Addo Dankwa Akufo-Addo, on Tuesday, 1st December 2020, launched a pension scheme for the country’s 1.5 million cocoa farmers. According to President Akufo-Addo, “the Pension Scheme will enable cocoa farmers to make voluntary contributions towards their retirement, whilst COCOBOD makes a supplementary contribution on behalf of the farmers as well.” This, he explained,…