Kofi Ahovi

  Cocoa farmer associations have called for negotiations between Ghana and Ivory Coast to establish proper regulations on cocoa supply to the world market in a bid to secure better prices for producers. The farmers believe coordinated action between the two leading cocoa-producing countries would help stabilise supply and strengthen their bargaining power on the international market. Speaking to Citi News on Monday, February 23, 2026, the President of the Mankrong Cocoa Cooperative Farmers Association, Francis Teinor, said reliable data must guide decisions on pricing and supply. Currently, when you have to make any argument, it has to be based on fact and data. But the data as we have now is not favourable, so how do we push for more?” he questioned. He stressed that the government has the authority to help regulate supply levels in collaboration with its Ivorian counterparts. The government, in this case, also has the power to control the supply. So, they should look at all other...

 Ivory Coast is considering reducing the guaranteed farm gate price paid to its cocoa farmers to align with Ghana, as the world’s two largest cocoa producers grapple with a deepening crisis in the sector, according to a Reuters report. The report said senior Ivorian officials indicated that all options are under consideration as the government debates whether to follow Ghana’s recent decision to cut its producer price by 28.6% for the remainder of the 2025/2026 main crop season. Ghana announced the reduction as part of efforts to adjust to the sharp decline in global cocoa prices, in coordination with Abidjan. The discussions between Ghana and the Ivory Coast, as well as internal deliberations within the Ivorian government, had not previously been made public, Reuters reported. Under the Ivory Coast–Ghana Cocoa Initiative (ICCIG), the two countries — which together account for about 60% of global cocoa output — have been working closely since the onset of the crisis. We have put al...