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Business News of Wednesday, 6 November 2024

    

Source: Joy Business

Ghana’s overlooked cocoa farmers: The key to a fair and sustainable cocoa industry

Ghana’s overlooked cocoa farmers: The key to a fair and sustainable cocoa industry Ghana’s overlooked cocoa farmers: The key to a fair and sustainable cocoa industry

Kwame Mensah, a cocoa farmer in Ghana, symbolizes the struggle of many farmers who produce high-quality cocoa yet live in poverty. Despite Ghana’s position as a leading cocoa supplier, over a third of cocoa farmers earn below the poverty line.

Ghana’s outdated Ghana Cocoa Board (COCOBOD), established in 1947, hinders farmers’ income growth and excludes them from decision-making. Climate change, low yields, and illegal mining worsen their plight, and COCOBOD’s climate response has been minimal.

Reform advocates suggest inclusive decision-making, modern business practices, and climate resilience measures to empower farmers and enhance Ghana’s cocoa industry amid global shifts toward ethical sourcing.

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