Cocoa Rehabilitation

COCOBOD Invests ¢943M In Cocoa Rehabilitation, Confident Of Producing 800k Tons Next Year
12 Aug

COCOBOD Invests ¢943M In Cocoa Rehabilitation, Confident Of Producing 800k Tons Next Year

Wontumi1Business,
The Ghana Cocoa Board (COCOBOD) has invested almost a billion cedis last year to rehabilitate aged cocoa farms and those ravaged by swollen shoot diseases to help increase national production in the short to medium term. The amount adds to similar spending in previous years to replace farms attacked by the virus, leading to reduced cocoa production in recent years. The Chief Executive Officer of COCOBOD, Joseph Boahen Aidoo, said in an interview that the initiative was part of efforts to sustain cocoa production and the livelihoods of farmers. He was, therefore, confident that the country would produce more than…
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COCOBOD Secures $100M World Bank Support For Cocoa Rehabilitation
05 Jul

COCOBOD Secures $100M World Bank Support For Cocoa Rehabilitation

Wontumi1Business, ,
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 in the country. The beneficiary cocoa-growing districts of the project include Assin Fosu, New Edubiase, Nkawkaw, and Juaso. The four-year project would support the cutting down of cocoa trees, which have lived 20 years and above, land preparations, and the provision of planting materials, including seedlings and suckers. Mr Joseph Boahen Aidoo, Chief Executive Officer (CEO), of COCOBOD, made this disclosure in an interview with journalists as part of a field trip to some farms in…
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