“We Will Stop Selling Raw Cocoa” — Ghana’s President Pushes for Local Processing Revolution

Ghana’s President has announced a bold new direction for the country’s cocoa industry, declaring that the government intends to halt the export of raw cocoa beans and instead prioritize local purchasing and processing.

Ending the Era of Raw Cocoa Exports

In a statement that could redefine Ghana’s economic structure, the President emphasized that the country must move beyond being a raw material exporter. “We will stop selling cocoa to foreign countries, and we will buy our own crop and process it locally,” he stated.

Ghana is the world’s second-largest cocoa producer, yet much of the value addition happens abroad. For decades, multinational companies have purchased raw beans, processed them into chocolate and related products overseas, and sold finished goods at significantly higher margins.

Boosting Local Industry and Jobs

The proposed shift is expected to strengthen domestic manufacturing, create employment opportunities, and retain more revenue within Ghana’s economy.

By investing in local processing plants, Ghana could increase exports of finished cocoa products such as cocoa butter, powder, and chocolate instead of raw beans.

Economic Impact and Industrialization Drive

Analysts say the move aligns with broader industrialization efforts aimed at reducing dependence on raw commodity exports. If implemented effectively, it could transform Ghana into a regional cocoa processing hub.

However, the policy would require significant capital investment, strong private-sector partnerships, and improved infrastructure to compete globally in processed cocoa markets.

A Bold Step Toward Value Addition

The President’s declaration signals a long-term vision to ensure Ghana benefits more directly from one of its most valuable natural resources.

If successful, the shift could mark a historic turning point in Ghana’s agricultural and economic strategy — moving from exporter of raw materials to producer of finished goods.

GhanaMedia.net will continue to follow developments and provide updates as policy details emerge.