I’ll prioritise welfare of cocoa farmers – Akufo-Addo assures

President Nana Addo Dankwa Akufo-Addo has reaffirmed his commitment to developing a resilient cocoa industry that prioritises the welfare of cocoa farmers.

He made the comments during the official opening of the permanent office of the Cote d’Ivoire-Ghana Cocoa Initiative in Accra.

Underlining his government’s accomplishments President Akufo-Addo stressed that his administration has instituted the highest cocoa producer price in the nation’s history.

“In 2019, Ghana and Cote d’Ivoire met in Accra where we held a dialogue on an important subject, which was critical to the survival of the global cocoa industry supply chain

That meeting, culminated in the adoption of a living income deferential for cocoa producers in the two countries which involves the additional payment of cocoa farmers of $400 per ton on the world market price for every cocoa sold by the two nations effective by the 2020/2021 season.

“The international cocoa market justifies our course of action

However, President Akufo-Addo also stressed the critical need for collaborative efforts between Ghana and Cote d’Ivoire to address the myriad of challenges confronting the cocoa industry.