The Chief Executive of the Ghana Cocoa Board (COCOBOD), Dr. Ransford Abbey, together with his Deputy in charge of Finance and Administration, Mr. Ato Boateng, has held a strategic engagement with leading international cocoa trading companies in London as Ghana prepares for the 2026/27 cocoa season.
The meeting, convened by Ghana Cocoa Marketing Company (UK) Ltd. (GCMC UK), brought together representatives of major international cocoa trading and processing companies with longstanding commercial relationships with Ghana’s cocoa sector.
The engagement formed part of COCOBOD’s efforts to maintain open dialogue with key stakeholders and keep trading partners informed as Ghana implements reforms aimed at strengthening the sustainability, efficiency and competitiveness of the cocoa sector.
Key issues discussed
Discussions focused on the newly enacted Ghana Cocoa Board Act, 2026 (Act 1182), the proposed cocoa sector financing framework, preparations for the 2026/27 cocoa season, and other operational and commercial matters relevant to industry participants.
Among the key areas discussed were the proposed commercial paper and bond financing programme, liquidity arrangements for the new season, the role of private-sector financing in supporting Licensed Buying Companies (LBCs), readiness for implementation of the European Union Deforestation Regulation (EUDR), and opportunities to strengthen collaboration between COCOBOD and international trading partners.
The discussions were characterised by open, constructive and forward-looking exchanges between COCOBOD leadership and representatives of the international cocoa trade.
Trading partners engage COCOBOD leadership
Participants welcomed the opportunity to engage directly with COCOBOD’s leadership and exchange perspectives on strengthening Ghana’s cocoa sector and supporting a successful start to the new cocoa season.
COCOBOD reaffirmed its commitment to transparency, stakeholder engagement and continuous collaboration with its international trading partners as implementation arrangements for the new financing framework continue to evolve.
The meeting also reinforced the longstanding relationship between Ghana and the international cocoa trade and highlighted a shared commitment to maintaining Ghana’s position as a trusted origin of premium cocoa.
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