Tag Archives: COCOBOD

Ghana Is World’s Second Highest Producer Of Cocoa

The Management of Ghana Cocoa Board (COCOBOD) has urged the general public to dismiss former president John Mahama’s claims that the cocoa industry is collapsing. According to the management, contrary to the former president’s claims, the industry saw the highest-ever cocoa production volume in the 2020/21 season, adding that cocoa …

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Cocoa Sector Not Collapsing – COCOBOD Exposes Mahama Lies

Management of Ghana Cocoa Board (COCOBOD) has refuted claims by former president John Dramani Mahama that president Akufo-Addo’s mismanagement is collapsing Ghana’s cocoa sector. Former president Mahama while addressing party supporters and branch executives in the Western North Region on a campaign tour on Tuesday, April 25 said the cocoa …

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Cocobod $1.13bn Cash Hits Account

Barring any unforseen circumstances, an amount of US$1.13billion is expected by government following Ghana Cocoa Board (COCOBOD) pre-export receivables backed trade finance facility agreement with a consortium of international financial institutions to finance cocoa purchases for the 2022/2023 cocoa season. The money will hit the accounts of Bank of Ghana …

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COCOBOD Will Not Default In Repaying Loans; Syndicated Loan To Be Successful – Redd Intelligence

Despite the escalating debt woes of Ghana, Ghana Cocoa Board (COCOBOD) is still expected to attract international banks to its annual one-year pre-export finance (PXF) or otherwise the Cocoa Syndicated Loan.   According to international research firm, Redd Intelligence, it is almost impossible for COCOBOD to default.   Defaulting on …

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GRA Impounds 15 Trucks Of “Smuggled” Fertiliser; Owner Cites Agric. Ministry For Authorisation

A joint team from the Counter-Terrorism Unit of the Ghana Revenue Authority (GRA) and the Special Services Unit of the Ghana Cocoa Board (COCOBOD ) has impounded 15 trucks loaded with alleged smuggled fertiliser. The team also discovered a warehouse and a factory, Fertagro Ghana Limited, where the smuggled fertilisers …

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Cocoa Fertilizer Smugglers Arrested At Samreboi

The Ghana Cocoa Board (COCOBOD), has arrested four persons for possessing about 328 bags of ‘Cocoa Eduane fertilizers ‘ unlawfully at Samreboi in the Western Region. They had loaded the fertilizers on an articulated truck ostensibly to transport them outside the area to sell to unsuspecting farmers at exorbitant prices …

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COCOBOD Closes Purchases For 2021/2022 Main Crop Cocoa Season

This year’s main crop cocoa season has been closed from today, Thursday, May 26, 2022. “It is hereby notified for the general public’s information that purchases for 2021/2022 Main Crop Season will close on Thursday, 26th May 2022,” a statement from the Ghana Cocoa Board (COCOBOD) noted. Ghana’s cocoa season …

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COCOBOD CEO To Farmers: Fertilizer Shortage Looms, Find Chicken Poop

The Chief Executive officer of COCOBOD, Joseph Boahen Aidoo, has asked Cocoa farmers in the country to search for chicken poop to fertilize their cocoa farms warning of an imminent acute shortage of fertilizer in the country. He said the looming shortage is a result of the Russia and Ukraine …

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Cedi Now Selling Above ¢6, But Analysts Assure There’s No Cause For Alarm

The Ghana cedi is now trading above 6 cedis as demand for the American ‘greenback’ continues to surge. Data from Reuters and Databank Research indicates that a dollar is going for more than ¢6. Also, the forex bureaux are selling the local currency between ¢6.1 and ¢6.14 to a dollar. …

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Ghana Attains Highest Cocoa Production In History

Ghana has produced the highest volume of cocoa beans in history, exceeding over one million metric tonnes with over ten weeks left until the end of the season, according to official data. Data on the grading of beans by Quality Control Company of COCOBOD sighted by The Finder shows that …

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