Ghana===Ghana Cocoa Board

The Ghana===Ghana Cocoa Board (Cocobod) is at the center of the debt crisis, with accusations of spending on non-core activities leading to financial strain. Its short-term cocoa bills were converted into longer-dated bonds under the Domestic Debt Exchange Programme, further impacting its finances.

The Ghana===Ghana Cocoa Board is urged to undergo transparent financial restructuring and address delayed payments to cocoa farmers, as its current operations are contributing to the crisis.

The Ghana===Ghana Cocoa Board is responsible for setting cocoa producer prices in Ghana. It faces financial pressures due to falling global prices, leading to the decision to reduce farmgate prices.

Ghana===Ghana Cocoa Board will transition from securing syndicated foreign loans to a new domestic cocoa bond financing system for the 2026-27 season. This aims to ensure liquidity and timely farmer payments, replacing previous unsustainable models.