Ghana’s Cocoa Crisis: Farmers Hit by 30% Price Cut
Автор: News Central TV
Загружено: 2026-02-27
Просмотров: 51
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Ghana, the world’s second-largest cocoa producer, is facing severe financial strain in its cocoa sector. Private buyers reportedly owe banks about $750 million and farmers over $200 million following a drop in global prices and reduced harvests.
Ghana Cocoa Board is under pressure as the government cuts farmgate prices by nearly 30% to stabilise liquidity and prevent wider collapse. With more than 800,000 smallholder families dependent on cocoa, the consequences stretch beyond farms to national revenue and economic stability.
We examine the economic, agricultural and security implications with Prof. Daniel Ugwu, Dr. Frank Kwekucher Ackah, and Shadrach Kundi.
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