Dr Kwadjo Ahodo: Why is the Mahama government struggling to buy cocoa?

2026-02-05 - 00:07

Recently, the Mahama administration has found it increasingly difficult to purchase cocoa and pay cocoa farmers. This issue primarily stems from two factors: 1. The artificial inducement of the cedi appreciation 2. The decline in global cocoa prices At present, cocoa farmers in Ghana are paid GH¢3,625 per 64kg bag, equivalent to GH¢58,000 per tonne.