The government has declared its intention to require that at least 50% of Ghana’s cocoa beans be processed locally.

30

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Government has announced plans to mandate the local processing of at least 50% of Ghana’s cocoa beans, beginning from the 2026/2027 crop season, as part of efforts to deepen value addition in the sector.

Finance Minister Dr Cassiel Ato Forson disclosed this at a press briefing on Thursday, February 12, following an emergency Cabinet meeting convened a day earlier to address persistent challenges in the cocoa industry.

He said Cabinet has further approved the immediate revival of two key state-owned entities – the Produce Buying Company (PBC) and the Cocoa Processing Company (CPC) to strengthen domestic participation across the cocoa value chain.

Source: newsthemegh.com