Search results
Results from the WOW.Com Content Network
Ghana Cocoa Board logo The Ghana Cocoa Board ( COCOBOD ) is a Ghanaian government-controlled institution [ 1 ] that fixes the buying price for cocoa in Ghana. Farmers are protected from the volatile prices on the world market through the price-fixing. [ 2 ]
Côte d'Ivoire and Ghana are the world's largest and second largest cocoa producers, respectively, together accounting for 65% of the global cocoa supply as of 2024. [1] In 2017, a 20% drop in global cocoa prices negatively impacted the livelihoods of millions of cocoa farmers in Côte d'Ivoire and Ghana, prompting the presidents of both countries to sign an agreement for a strategic ...
Cocoa beans and cocoa harvest processing. Ghana's cocoa production grew an average of 16 per cent between 2000 and 2003. [18] Cocoa has a long production cycle, far longer than many other tropical crops, and new hybrid varieties need over five years to come into production, and a further 10 to 15 years for the tree to reach its full bearing potential.
Cocoa was the top-performing commodity of 2024. The price of the bean surged as headwinds battered key producers. Prices are likely to stay high into 2025, analysts at ING said.
Harry Amoo Dodoo (8 August 1918 – 10 February 2000) was a Ghanaian chartered accountant, public servant and businessman who led the Ghana Cocoa Board at different times as chief accountant, general manager, managing director, chief executive and chairman.
Additionally, Ghanaian cocoa must be inspected, graded, and sealed by a government inspector before it can be exported, per section 3 of the Cocoa Industry Regulations Act, 1968 (NLCD278). The supreme authority of COCOBOD over cocoa-related matters is enshrined by the Ghana Cocoa Board Act, 1984 (PNDCL81). [1] [2] [3]
According to findings from a 2023 study, cocoa bean production in city is relatively low due to poor land management as a result of sharp increases in the city's population and forest degradation. [19] The Cocoa House, located in Sunyani and built by the Ghana Cocoa Board, pays respect to the cocoa industry of the country as a whole. [20]
WASHINGTON (Reuters) -U.S. President-elect Donald Trump on Saturday named his social media platform CEO Devin Nunes to lead an intelligence advisory panel and said his former intelligence chief ...