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Tag Archives: Cocoa

Govt Increases Cocoa Price By 58.26%, Bag Up From GH¢1,308 To GH¢2,070

The Government of Ghana, in collaboration with stakeholders, has announced an upward adjustment in the Producer Price of cocoa for the remaining period of the 2023/24 crop year. The new Producer Price reflects a significant increase of 58.26%, raising it from GH¢20,928 per tonne to GH¢33,120.00 per tonne. This revision …

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Akufo-Addo: Cocoa Farmers Pension Scheme Ready To Roll Out

Government has announced plans to roll out the cocoa farmers pension fund. The scheme which was launched by President Akufo-Addo on December 2, 2020 is to provide pension for about 1.5 million cocoa farmers.   This, according to the President, will enable cocoa farmers to make voluntary contributions towards their …

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There Is No Ban On Ghana’s Cocoa – EU

The European Union has dismissed reports that Ghana’s cocoa will be banned by members of the union. Speaking on behalf at the EU Ambassador to Ghana, Irchad Razaarly, at the 2022 Orange Cocoa Day, a Director at the EU Office in Ghana, Celine Madsen Prud’homme, said the EU rather wants …

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Côte d’Ivoire And Ghana To No Longer Sell Cocoa At Origin Differentials Below Zero

Côte d’Ivoire and Ghana have decided to no longer sell their cocoa at origin differentials below zero, from as much as 125 pounds below the ICE terminal market, joint Côte d’Ivoire-Ghana Cocoa Initiative (CIGCI) announced in Accra Friday.   The origin differential is an additional country quality premium that has …

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Cocoa Production In Western North Reduces From 400,000 To 150,000 Metric Tonnes – Dr Kwaku Afriyie

The Minister for Environment, Science, Technology and Innovation (MESTI), Dr Kwaku Afriyie, has noted with concern how cocoa production in the Western North region has whittled down from 400,000–150,000 metric tonnes due to climate change. Dr Afriyie who was speaking at a news conference in Accra yesterday bemoaned the toll …

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