Accra: The C´te d'Ivoire-Ghana Cocoa Initiative (CIGCI) has congratulated the Ghanaian government on the official opening of its 2025/2026 cocoa season, highlighting the announcement of a new producer price as a significant step towards a sustainable cocoa economy.
According to Ghana News Agency, the government has increased the producer price of cocoa from US$3,100 per tonne to US$5,040 per tonne. This record-level price is seen as a commitment to supporting cocoa farmers and strengthening the foundation for a fairer and more resilient cocoa economy. The Ghana Cocoa Board (COCOBOD) was praised for its efforts in this endeavor.
The statement from CIGCI emphasized the collaboration between C´te d'Ivoire and Ghana, which together account for over 60 percent of global cocoa production. Over the past four years, the two countries have worked to align policies on farmgate pricing, market transparency, and value distribution. The new producer price reflects this ongoing cooperation and shared vision of transformation within the cocoa sector.
Mr. Alex Assanvo, Executive Secretary of CIGCI, noted that since 2019, both nations have addressed market failures affecting cocoa producers. He stated that achieving a fair price for farmers is crucial for creating a sustainable cocoa sector. The initiative aims to make cocoa a truly sustainable commodity, focusing on environmental soundness, economic viability, and social justice.
The transformation of the cocoa sector is rooted in fairness and profitability for all, particularly for cocoa farmers, who are essential to the production of cocoa and chocolate.
