In Ghana, farmers try to boost ailing cocoa production
12 February 2019 | 10:46 am
Cocoa farming is the first step in making the world's most popular sweet treat: chocolate. But in one top cocoa producing nation, yields have been plummeting for years. What can be done to boost production in Ghana?
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Ghana and Cote d'Ivoire plan to raise the price farmers get paid for cocoa by about 21 per cent. Both countries account for over 60 per cent of the global production of the cocoa bean. Chike Nwagwu, CEO of Novus Agro, joins CNBC Africa’s Esther Awoniyi for more.
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Ghana has announced an increase of the guaranteed cocoa price it pays to farmers by 28% per ton for the new growing season. It's the West African nation's latest attempt to improve the livelihoods of its farmers.
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