COCOBOD introduced a new self-financing model to reduce dependence on syndicated loans, enhance farmer payments, and ensure sustainability. The publication highlights sector reforms, technology upgrades, climate resilience, and initiatives improving farmer welfare.

On November 10, 2024, Ghana raised the cocoa producer price from GHS48,000 to GHS49,600 per tonne to boost farmer income and ensure fair compensation amid global market fluctuations.

Cocoa output is expected to rebound in the 2024/25 season as favourable weather improves yields, though illegal mining, smuggling, and disease outbreaks continue to challenge Ghana’s cocoa sector.

On 13^th September 2024, COCOBOD announced that purchases for the 2024 Light Crop Season would close on September 10, 2024, with final returns from Licensed Buying Companies accepted until September 19, 2024.

On September 11, 2024, Ghana announced a 129% increase in the cocoa producer price to GHS48,000 per tonne, marking a major step to strengthen the sector and improve farmer livelihoods.

On May 31, 2024, COCOBOD announced the closure of purchases for the 2023/24 Main Crop Cocoa Season effective June 6, allowing Licensed Buying Companies to finalize and reconcile their records.