30 h. ago COCOBOD Settles GH¢2 Billion Debt Arrears as Cocoa Sector Regains Financial Stability

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cocobod-settles-gh%c2%a22-billion-debt-arrears-as-cocoa-sector-regains-financial-stability/Ghana’s cocoa industry achieved a significant financial milestone as the state cocoa marketing board cleared GH¢2 billion in coupon arrears to bondholders, signaling renewed fiscal discipline in one of the country’s most critical export sectors. The Ghana Cocoa Board paid GH¢2 billion to holders of its restructured cocoa bills, now classified as bonds under the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cocobod-settles-gh%c2%a22-billion-debt-arrears-as-cocoa-sector-regains-financial-stability/

Economics

4 d. ago Bank of Ghana Channels Cocoa Revenues Directly to Commercial Banks

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-channels-cocoa-revenues-directly-to-commercial-banks/The Bank of Ghana has begun directing cocoa export revenues straight to commercial banks rather than its own reserves, a move economists say will boost market liquidity ahead of the high-demand Christmas period. The policy shift addresses chronic liquidity challenges that have plagued Ghana’s banking sector. Previously, cocoa dollars flowed directly into central bank reserves, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-channels-cocoa-revenues-directly-to-commercial-banks/

Politics

5 d. ago Global Student Debt Crisis Threatens Ghana’s Education Dreams

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/global-student-debt-crisis-threatens-ghanas-education-dreams/A worldwide education financing crisis now reaching Ghana threatens to transform higher learning from an opportunity ladder into a financial trap for young people across Africa. The World Economic Forum recently highlighted what experts call an emerging “debt tsunami” as student borrowing reaches unsustainable levels globally. Countries that once celebrated expanded university access now grapple […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/global-student-debt-crisis-threatens-ghanas-education-dreams/

Events

6 d. ago Ghana Cocoa Sector Eyes US$80 Million from Carbon Credits Deal

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-sector-eyes-us80-million-from-carbon-credits-deal/Three companies have joined forces to transform Ghana’s cocoa industry into a major source of carbon credits, potentially generating tens of millions of dollars while helping farmers adapt to climate change. The partnership between Afarinick, CJ Commodities, and Oman Carbon aims to create what they call “high-integrity carbon projects” across Ghana’s cocoa-growing regions. The deal […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-sector-eyes-us80-million-from-carbon-credits-deal/

Economics

7 d. ago Ghana’s State Cocoa Processor Faces Collapse After Years of Mounting Losses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-state-cocoa-processor-faces-collapse-after-years-of-mounting-losses/Ghana’s flagship cocoa processing company remains trapped in financial crisis despite multiple government bailouts, raising serious questions about the viability of state-owned enterprises in the country’s key agricultural sector. The Cocoa Processing Company Limited has recorded consecutive annual losses since 2021, with mounting debts and chronic cash flow problems threatening its survival as the nation’s […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-state-cocoa-processor-faces-collapse-after-years-of-mounting-losses/

Politics

1 week ago Think Tank Warns Illegal Mining Could Devastate Ghana’s Cocoa Sector

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/think-tank-warns-illegal-mining-could-devastate-ghanas-cocoa-sector/The Mahama administration faces urgent calls to intensify action against illegal mining as research reveals the practice threatens to destroy Ghana’s crucial cocoa industry within a decade. The Institute of Economic Research and Public Policy has published findings showing extensive farmland destruction as unlicensed miners expand operations across cocoa-growing regions. Some desperate farmers are now […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/think-tank-warns-illegal-mining-could-devastate-ghanas-cocoa-sector/

Events

1 week ago Collapsing COCOBOD would improve Ghana’s economy and farmers’ livelihoods – Kofi Bentil

Vice President of IMANI Africa, Kofi Bentil, has launched a critique of Ghana’s cocoa sector regulator, arguing that the Ghana Cocoa Board (COCOBOD) has become a burden on both the economy and farmers.

Politics

1 week ago Both NPP and NDC owe Ghanaians an apology big time for their handling of cocoa sector – Prof. Bokpin

Professor Godfred Alufar Bokpin, a Professor of Finance and noted economist at the University of Ghana Business School, has criticised both the New Patriotic Party (NPP) and the National Democratic Congress (NDC) for their poor management of Ghana’s cocoa sector.

Politics

1 week ago Kofi Bentil criticises COCOBOD, says farmers are being “sapped dry” while bureaucrats thrive

The Vice-President of IMANI Africa, Kofi Bentil, has criticised the management of Ghana’s cocoa sector, arguing that the Ghana Cocoa Board (COCOBOD) has become a drain on the very farmers it was established to support.

Politics

2 w. ago FEDCO Sets Gold Standard with Early Commercial Paper Redemption

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/fedco-sets-gold-standard-with-early-commercial-paper-redemption/Federated Commodities PLC (FEDCO), a major player in Ghana’s cocoa sector, has successfully redeemed its entire Commercial Paper issuance ahead of schedule. The company paid investors a total of GHC 78.36 million, covering both the principal of GHS 72.5 million raised and accrued interest. This move fulfills FEDCO’s commitment to its investors well before the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/fedco-sets-gold-standard-with-early-commercial-paper-redemption/

Politics

3 w. ago World Bank Warns Mounting Debt Threatens Ghana’s Cocoa Sector

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-warns-mounting-debt-threatens-ghanas-cocoa-sector/The World Bank has raised urgent concerns over the Ghana Cocoa Board’s (COCOBOD) financial stability, warning that rising debt and operational inefficiencies could destabilize the country’s vital cocoa industry. Despite soaring global cocoa prices, Ghana’s production remains low, with COCOBOD struggling under significant arrears to suppliers and costly “quasi-fiscal operations” outside its core mandate. In […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-warns-mounting-debt-threatens-ghanas-cocoa-sector/

Events

3 w. ago World Bank warns COCOBOD’s mounting debts threaten Ghana’s cocoa sector

The World Bank’s latest Ghana Economic Update has raised concerns over the financial stability of the Ghana Cocoa Board (COCOBOD), warning that persistent operational and fiscal challenges could undermine one of the country’s most vital export industries. According to the report, despite record-high global cocoa prices, Ghana’s cocoa production remains weak, while COCOBOD owes significant […]

Events

3 w. ago COCOBOD, Banks Chart Path for Successful 2025/26 Cocoa Season

News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/cocobod-banks-chart-path-for-successful-2025-26-cocoa-season/The Management of Ghana Cocoa Board (COCOBOD) has met with commercial banks in Ghana to discuss key issues affecting the cocoa industry and the role of the banking sector in the 2025/2026 cocoa season, which opened on August 7, 2025. Discussions at the meeting, which was attended by senior executives of COCOBOD and the Cocoa […] News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/cocobod-banks-chart-path-for-successful-2025-26-cocoa-season/

Politics

3 w. ago Cedi’s Rise Squeezes Cocoa Farmers Despite Global Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-rise-squeezes-cocoa-farmers-despite-global-price-surge/Ghana’s currency appreciation is delivering mixed blessings for its vital cocoa sector. While the cedi’s 40% gain this year bolsters national economic stability, it has sharply limited local benefits from soaring global cocoa prices. Farmers recently learned their produce will fetch only 4% more in cedis this season, despite international prices jumping over 60% in […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-rise-squeezes-cocoa-farmers-despite-global-price-surge/

Politics

4 w. ago Keep politics out of cocoa: Farmers call for fair prices and devout hands at COCOBOD

Some cocoa farmers in the Assin Fosu District of the Central Region are urging the government and stakeholders to keep politics out of the cocoa sector.

Politics