Joseph Boahen Aidoo Archives

16 Oct

Zero Borrowing Arrangement Makes Cocoa Sector More Sustainable – COCOBOD CEO

Wontumi1BusinessCOCOBOD, Joseph Boahen Aidoo

Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, says the decision to finance cocoa purchase for the 2024/2025 crop season through zero borrowing arrangement formed part of government’s plan to make the sector more viable and sustainable. He explained that the zero borrowing arrangement marked a major shift from the existing system of financing cocoa purchase over the years through loans from external sources, and constituted a new financing innovation designed to reduce the cost of borrowing to the board. Taking his turn at the bi-weekly Minister’s Briefing organised by the Ministry of Information in Accra…

14 Sep

Government Declares War On Cocoa Smuggling Following Drop In Output

Wontumi1ArticlesCOCOBOD, Joseph Boahen Aidoo, Minority

Government has declared a war on cocoa smuggling to neighboring countries. This follows a drop in the latest production output of about four hundred thousand metric tons which translates into almost 600 million dollars in loss to the state. Documents available to JoyNews suggest the drop was a result of the smuggling of the beans to neighboring countries, especially Cote d’Ivoire, Burkina Faso, and Togo. Subsequently, government adjusted the producer price in the hope of encouraging farmers and preventing smuggling. Speaking during an interview, the Food and Agricultural Minister, Bryan Acheampong said steps have also been taken to deal with…

15 Aug

Ongoing Cocoa Road Projects Will Be Completed — COCOBOD CEO

Wontumi2NewsCOCOBOD, Joseph Boahen Aidoo

The Ghana Cocoa Board (COCOBOD) says it will complete all ongoing cocoa road projects across the country. It also said no new project would be initiated due to the current Government financial bailout programme with the International Monetary Fund (IMF). Mr Joseph Boahen Aidoo, the Chief Executive Officer (CEO) of COCOBOD explained that due diligence sustainable production by the European Union (EU) and the IMF programme permitted continuation of existing projects. He was speaking to journalists at a symposium to mark the 50th Anniversary Celebration of the Cocoa Clinic. The construction of cocoa roads is to help resolve transport issues…

07 Oct

Chairman Wontumi Congratulates COCOBOD CEO After Grabbing Award In Côte d’Ivoire

Kakra NunuBusiness, FeaturedCOCOBOD, Joseph Boahen Aidoo, LID, President Akufo-Addo, President Alassane Dramane Ouattara

Businessman and owner of the Wontumi Communication Empire, Mr. Bernard Antwi-Boasiako, has congratulated the Chief Executive Officer (CEO) of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, for his sterling performance in the industry and the recent award he picked up in Côte d’Ivoire. In an exclusive interview with Wontumionline.com, Mr. Antwi-Boasiako, who is also the Ashanti Regional Chairman of the New Patriotic Party, stated that the success of Mr. Boahen Aidoo, is a true reflection of the premium the government of President Akufo-Addo places on the cocoa sector. He congratulated the COCOBOD CEO and urged him to continue his good…