President John Dramani Mahama has pledged to expand Ghana’s cocoa sector by adding 200,000 hectares of cocoa farms to the country’s production capacity.
This move aims to revive the once-thriving industry and increase farmers’ income.
Revamping the Cocoa Sector
During his national Thank You tour in the Ahafo Region, President Mahama emphasized his government’s commitment to reviving the cocoa sector.
He assured farmers that incentives would be provided to boost production and announced that a new, favorable cocoa producer price would be revealed in August.
Encouraging Farmers
The President encouraged individuals without cocoa farms to start planting, highlighting the potential for economic growth and job creation in cocoa-growing communities.
This initiative aims to restore confidence among farmers and increase foreign exchange earnings.
Addressing Challenges
Ghana’s cocoa sector has faced challenges, including declining yields, smuggling, and pricing issues.
President Mahama’s plan is seen as a key step toward transforming agriculture and ensuring economic sustainability through strategic investment in one of Ghana’s most valuable export commodities.
