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Ghana lost 160K tons of cocoa to smuggling in 2023/24 season, Cocobod official says
Ghana has lost more than a third of its 2023/24 cocoa output to smuggling, a top official from the cocoa marketing board (Cocobod) told...
COCOBOD is financially viable to purchase cocoa beans – Bryan Acheampong assures
Minister for Food and Agriculture, Bryan Acheampong, has firmly rejected claims that the Ghana Cocoa Board (COCOBOD) lacks the funds to purchase cocoa beans...
COCOBOD revises 2024/25 cocoa production target down by 19.8% due to unprecedented dry spell
The Ghana Cocoa Board (COCOBOD) says the new cocoa crop season which starts tomorrow, September 10, 2024 will be opened with its proposed self-financing...
COCOBOD to open new cocoa season with self-financing plan on Sept 10
The Ghana Cocoa Board (COCOBOD) says the new cocoa crop season will be opened with its proposed self-financing plan without the usual syndicated loan...
Fact Check: NDC Manifesto: Mahama’s claims on budget deficit, COCOBOD false
The National Democratic Congress (NDC) unveiled its manifesto on Saturday, August 24, 2024, presenting a detailed strategy aimed at revitalizing Ghana’s economy, reducing economic...
Finance Minister contradicts COCOBOD’s self-financing plan for 2024/2025 cocoa season
The Minister of Finance, Dr. Mohammed Amin Adam, has refuted recent claims by the Ghana Cocoa Board (COCOBOD) regarding the self-financing of the upcoming...
COCOBOD’s self-financing for crop season spin story: Is Joseph Boahen Aidoo the worst CEO...
Have you ever wondered why COCOBOD remains dependent on loans to purchase cocoa beans year after year?
The truth is, COCOBOD’s challenges run deep, and...
Nana Yaa Jantuah calls for greater investment in the cocoa industry amid COCOBOD loan...
Former General Secretary of the Convention People's Party (CPP), Nana Yaa Jantuah, has expressed concerns about Ghana's inability to effectively promote its cocoa industry.She...
COCOBOD refutes Minority claims on funding rejection
The Ghana Cocoa Board (COCOBOD) has dismissed claims by the Minority that international banks have rejected COCOBOD’s request and that COCOBOD was “chased away”...
We were not rejected by international banks – COCOBOD replies Minority
The Ghana Cocoa Board (COCOBOD) has strongly refuted allegations that it was turned down by international banks while seeking a $1.5 billion loan for...
COCOBOD struggled to payback last year’s syndicated loan – Dr Jasaw discloses
The Deputy Ranking Member on Parliament's Food and Agriculture Committee, Dr Seidu Jasaw, has revealed that COCOBOD encountered serious challenges in repaying last year's...
COCOBOD unable to produce cocoa to meet international obligations – Ato Forson
The Minority Leader in Parliament, Dr. Cassiel Ato Forson, has raised serious concerns about COCOBOD's ability to fulfill its international obligations.According to Dr. Forson,...
Minority: COCOBOD’s self-financing decision a “face-saving” move to mask crisis
The Minority in Parliament has strongly criticized the Ghana Cocoa Board (COCOBOD) for its recent decision to switch to self-financing for the 2024/2025 cocoa...
International Banks rejected COCOBOD’s loan request to purchase cocoa for 2024/25 crop season –...
The Minority in Parliament has raised concerns over COCOBOD's financial health, claiming that international banks have rejected the organisation's request for a loan to...
COCOBOD announces date for 2024/2025 crop season
The Ghana Cocoa Board (COCOBOD) has announced September 1 as the start date for purchasing cocoa for the 2024/2024 main crop season.The Chief Executive...
COCOBOD cancels six cocoa road projects due to financial constraints
The Ghana Cocoa Board (COCOBOD) has announced the cancellation of six cocoa road projects due to financial challenges.These projects are part of 14 road...
High COCOBOD expenditure: CEO defends increase in administrative spending [Video]
The Ghana Cocoa Board (COCOBOD) has stated that the increase in its administrative expenditure for the year 2023 is due to the rehabilitation of...
COCOBOD sets record straight on loan default
The Ghana Cocoa Board (COCOBOD) has addressed inaccuracies regarding the repayment of a GH¢1.99 billion cocoa bill arranged between 2010 and 2013.In a statement,...
COCOBOD invests ¢943m in cocoa rehabilitation, confident of producing 800k tons next year
The Ghana Cocoa Board (COCOBOD) has invested almost a billion cedis last year to rehabilitate aged cocoa farms and those ravaged by swollen shoot...
Minority tackles COCOBOD over GH¢3.4bn head office cost
The Minority in Parliament has raised concerns about the management of the Ghana Cocoa Board (COCOBOD), criticising the rising administrative expenditures amidst declining cocoa...
Loan default: COCOBOD responds to Adom News questions
Ghana's number one radio and TV station, Adom FM/TV reached out to Ghana Cocoa Board (COCOBOD) to explain why it has consistently defaulted on...
COCOBOD refutes claims of consistent loan defaults
The Ghana Cocoa Board (COCOBOD) has responded to claims of consistent default on its loans, clarifying its financial obligations and repayment status.According to COCOBOD,...
COCOBOD attributes profit to impact of debt restructuring of cocoa bills
The Ghana Cocoa Board (COCOBOD) has attributed its profit posted for the 2022/2023 crop season to the restructuring of the cocoa bills worth ¢7.9...
Restructured debt helps Cocobod post $149.8m profit – Auditor General’s report
Ghana's cocoa marketing board (Cocobod) made a GH¢2.3 billion ($149.84 million) profit in 2022/23, helped by the restructuring of its debt, the Auditor General...
Forward sales strategy of cocoa beans aimed at reducing price risks – COCOBOD
The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD) Joseph Boahen Aidoo has explained that, the forward sales strategy of cocoa beans is...
COCOBOD cautions cocoa farmers to refrain from using inappropriate weedicides
The Chief Executive Officer of the Ghana Cocoa Board, Joseph Boahen Aidoo, has warned cocoa growers against using unsuitable weedicides on their crops.Speaking at...
COCOBOD secures $100m World Bank support for cocoa rehabilitation
The Ghana Cocoa Board (COCOBOD) has secured a US$100 million financing facility from the World Bank to rehabilitate old farms across six cocoa-growing districts...
COCOBOD to pilot farmers pension scheme in three districts
The Ghana Cocoa Board (COCOCBOD) is set to enrol 796,000 cocoa farmers in a pension scheme, marking a significant milestone in the country's cocoa...
Don’t blame me for the decline in cocoa production and low yield – COCOBOD...
Chief Executive Officer of Ghana COCOBOD, Joseph Boahen Aidoo, has addressed calls for his resignation for the decline in cocoa production and low yields.He...
You lied – Eric Opoku tells Cocobod CEO for saying there was no money...
The National Democratic Congress’ Member of Parliament for Asunafo South, Eric Opoku, has accused Joseph Boahen Aidoo, the Chief Executive Officer of the Ghana...
Dr. Opuni challenges COCOBOD CEO over empty coffers claims
The former Chief Executive of COCOBOD, Dr. Stephen Kwabena Opuni has flatly dismissed allegations by his successor, Joseph Boahen Aidoo that COCOBOD was facing...
Cocobod failed to motivate and incentivise farmers – Nyaaba on low cocoa production
The President of the Peasant Farmers Association of Ghana, Dr Charles Nyaaba, has disputed the reasons outlined by the Ghana Cocobod for the low...
You’re still dazed after Asiedu Nketia beat you – COCOBOD CEO fires Ofosu Ampofo
Former National Chairman of the National Democratic Congress (NDC), Samuel Ofosu Ampofo, has incurred the wrath of the Chief Executive Officer (CEO) of the...
COCOBOD CEO sets record straight on successes and challenges in Ghana’s cocoa sector [Listen]
The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, has set the record straight about the challenges and achievements during...
Akufo-Addo should have sacked COCOBOD CEO by now – Ofosu Ampofo
Former National Chairman of the National Democratic Congress (NDC), Samuel Ofosu Ampofo is surprised the CEO of Ghana Cocoa Board (COCOBOD), Joseph Aidoo Boahen...
Nation wreckers smuggling Ghana cocoa and selling to Russians in neighbouring countries – Cocobod...
Ghana Cocobod CEO Joseph Boahen Aidoo, has revealed a decrease in cocoa production in the first quarter of 2024 compared to last year, resulting...
Farmers are rising against galamsey – Cocobod CEO
The Chief Executive Officer of the Ghana Cocoa Board, Joseph Boahene Aidoo, has highlighted that farmers are increasingly opposing galamsey because they see...
We made GH₵2bn profit in 2022/2023 – Cocobod CEO reveals
The Chief Executive Officer of Cocoa Board (Cocobod), Joseph Boahen Aidoo, has revealed that his outfit has made a significant profit of over GH₵2...
COCOBOD made GH₵2bn profit in 2022/2023 – CEO
The Chief Executive Officer of Cocoa Board (Cocobod), Joseph Boahen Aidoo, has revealed that his outfit has made a significant profit of over GH₵2...
There was no money when I assumed office in 2017 – Cocobod CEO
The Chief Executive Officer of the Ghana Cocoa Board, Joseph Boahen Aidoo, has said he faced significant financial challenges when he assumed office in...