COCOBOD Bill passed to provide comprehensive reform, sustainable funding for sector

Mr Ampem further stated that following the government's policy to ensure that farmers received a minimum of 70 per cent of the free-on-board (FOB) price of cocoa, the Bill sought to enshrine that policy in law.

Parliament has passed the Ghana Cocoa Board Bill, 2026, to provide a comprehensive reform for the cocoa sector governance framework and to establish a sustainable funding model for the sector."This Bill introduces a new funding model that will enable COCOBOD to source financing locally to purchase cocoa beans from our hardworking farmers," he said.