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The Ghana Cocoa Board (COCOBOD) is a Ghanaian government-controlled institution[1] that fixes the buying price for cocoa in Ghana. Farmers are protected from the volatile prices on the world market through the price-fixing.[2] Besides, the higher quality hybrid seeds are sold by the organization and some research on cocoa plant-related diseases are also carried out.[3]
Between 1947 and 1979, the institution was known as the Cocoa Marketing Board. 60% of Ghana’s cocoa beans are sent to the UK.[4] The Board is however, a government organisation whose sole responsibility is to support production, marketing and processing of cocoa in the county.[5]
- ^ Mireri, Julian (2021-08-12). "Ghana COCOBOD: history, departments, CEO, directors, recruitment portal". Yen.com.gh – Ghana news. Retrieved 2023-07-19.
- ^ "Ghana – Ghana Cocoa Board". projectsportal.afdb.org. Retrieved 2023-07-19.
- ^ "Ghana Cocoa Board – COCOBOD". www.cocoainitiative.org. Retrieved 2023-07-19.
- ^ Simon (2019-09-30). "Top 6 Cocoa Exports in Ghana". Ghana Trade. Retrieved 2023-07-12.
- ^ "Ghana Cocoa Board – COCOBOD". www.cocoainitiative.org. Retrieved 2023-09-13.
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