The government of Ghana has announced a new cocoa price at the opening of the 2023–2024 cocoa season.
A bag of cocoa has now moved from GH¢800.00 per bag to GH¢1,308.00 per bag.
This new price has moved the price per ton from GH 12,800.00 to GH¢ 20,943.00.
The new price represents a 63.5 percent increment over the previous one, as indicated by the president
This new announcement was made at Tepa today by President Nana Addo Dankwa Akufo-Addo.
He said this new price will be the highest in the sub region in the last 15 years and is meant to improve the livelihoods of the farmers and provide a fair and financially worthwhile price for their efforts.
