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Kofi Bentil: Collapse COCOBOD to Save Cocoa Farmers

Vice-President of IMANI Africa, Kofi Bentil, has strongly criticized the management of Ghana’s cocoa sector, arguing that the Ghana Cocoa Board (COCOBOD) has shifted from being a support system for farmers to becoming a financial burden on them. Speaking on JoyNews’ Newsfile, Bentil said the institution has strayed far from its founding purpose and now primarily serves a bloated bureaucracy rather than the hardworking farmers sustaining the industry. Bentil drew a sharp contrast between Ghana’s past and present use of cocoa resources. He recalled that the University of Ghana was built from cocoa revenues. A portion of money from each cocoa bag was allocated to fund the project, leading to the establishment of Akuafo Hall, a landmark tribute to farmers’ contributions. This, he said, showed how cocoa income was once strategically used for nation-building. Bentil lamented that today’s cocoa system […]

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Farmers commend COCOBOD over decision to announce new prices in August

Farmers in Sehwi Aboagyekrom in the Western North Region have lauded the Ghana Cocoa Board (COCOBOD) following the announcement that a new cocoa producer price will be declared in August 2025. The anticipated price is expected to surpass that of neighbouring Ivory Coast, a move the farmers believe will enhance their livelihoods and address key challenges facing the cocoa industry. The Chief Executive Officer of COCOBOD, Dr. Ransford Abbey, made the announcement during a three-day working tour of the Western North and Western South Regions. Addressing a gathering of cocoa farmers at Aboagyekrom in the Sehwi Wiawso Municipality, Dr. Abbey explained that the planned price increment is part of the government’s effort to support cocoa farmers and reduce the temptation to smuggle produce across borders, where prices are currently more favourable. He emphasized that the decision aligns with a broader […]

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