Government to absorb COCOBOD’s $150m losses as Cabinet directs immediate cocoa purchases – Finance Ministry
For the first time since at least 2020, Ghana has reduced the cocoa farmgate price by 28% in response to
Economy
Cocoa Producer Price cut to GH¢41,392 per tonne from GH¢51,660
The government has announced a new producer price for cocoa, setting it at GH¢41,392 per tonne for the remainder of
Indonesia, Nigeria, and Ecuador to overtake Ghana as the world’s second-largest cocoa producer.
Ghana’s ongoing cocoa production decline and financial challenges are fueling concerns that the country may lose its status as the
Cabinet approves emergency measures to fast-track cocoa farmer payments
The government has approved emergency measures aimed at expediting payments to cocoa farmers across the country, following a lengthy Cabinet
NACOC to begin licensing for medicinal and industrial cannabis cultivation
The Narcotics Control Commission (NACOC) will soon begin implementing Ghana’s licensing regime for medicinal and industrial cannabis cultivation, following Parliament’s
Egypt’s Sisi appoints a new defence minister in a minor cabinet reshuffle.
Egyptian President Abdel Fattah al-Sisi on Wednesday administered the oath of office to several new ministers in a limited cabinet
Libya awards exploration licenses to foreign oil companies.
The move is part of efforts to attract major international energy firms back to the country and increase daily oil
Copper exports from Congo climb 10%, with Chinese firms spearheading the increase.
Copper exports from the Democratic Republic of Congo rose by almost 10% in 2025, strengthening its standing as the world’s
Senegal unveils a $100 million onshore oil and gas initiative following the cancellation of licenses from inactive operators.
Senegal’s state-owned oil company, Petrosen, plans to roll out a $100 million onshore oil and gas exploration program this year,
Zambia seeks new agreement with the International Monetary Fund (IMF).
Zambia is preparing to begin discussions on a new economic programme with the IMF, but authorities say the agreement will