• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, January 20, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Smuggling of Cocoa Advances To The National Capital, COCOBOD Intercepts 1500 Bags Being Smuggled

M.Cby M.C
March 20, 2023
Reading Time: 4 mins read
Cocoa smuggled out of Ghana on the rampancy

Cocoa smuggled out of Ghana on the rampancy

Smuggling of cocoa beans to neighboring countries has advanced from an activity dominant among border towns to the national capital, Accra.

According to Fiifi Boafo, Head of Public Affairs at COCOBOD, the illegal activity has become widespread that, even foreigners are engaged in it. This, he attributed to the strengthening of the cfa of Côte d’Ivoire.

“You will realize that it has gone beyond the border towns where now we have people even in Accra. They package it together and try to smuggle it out but the challenge now is that we even see foreigners, who are now involved in this business. So they come, they get the cocoa, and then they package it into different sacks which ordinarily, you will not assume that the content is even cocoa and they get it out of town into our neighboring countries.

“So that’s the challenge we are facing now. Of course, we’ve been able to make arrest just this March, about 1500 bags, which is about 93-94 metric tons and that is about over $200,000 worth of cocoa.”

Fiifi Boafo
92167743
Fiifi Boafo, Head of Public Affairs at Ghana COCOBOD

The revelation comes on the back of the retrieval of 1500 bags of cocoa by the Anti-Smuggling Taskforce of Ghana COCOBOD. The statistics have revealed that Ghana’s cocoa exports dropped from a million bags in 2020/2021 to 600,000 bags last year, 2022.

RelatedPosts

Minerals Commission Engages Tanzanian Delegation on Regulatory Governance

GIPC Maps Out Central Region Investment Opportunities

FSRP Secures Ghana’s Tomato Supply Through Strategic Partnerships

The cocoa industry has experienced a myriad of challenges in past years and fears are that smugglers would worsen the shortfall in the current crop year if not nipped in the bud.

The level of smuggling is so serious that some districts, particularly, in the Western North region, are not reporting any proper purchases. It is reported that people are paying the farmers, but they are not sending the cocoa to the right place. For instance, people pay 800cedis for a bag of cocoa and then move on to sell it in Côte d’Ivoire because of the relative strength of the cfa.

cocoabags
The smuggling of cocoa in Ghana is so serious that it affects the purchases reports of some districts

“Past 5-6 years, Ghana has had better price than these neighboring countries but the cfa’s strength this year has given these smugglers the window they are dashing into. Yes, they will buy it 800 cedis from the farmer, so the farmer is not getting anything extra and then they take it across the borders…”

Fiifi Boafo

Ghana, in partnership with other countries to fight the smuggling of cocoa

This being the case, Fiifi Boafo indicated that Ghana is collaborating with her neighboring countries to fight the smuggling maniacs.

ADVERTISEMENT

“The Ivoirians when they [the smugglers] started, drew our attention to it that they have realized that there are some people who are taking these cocoa from Ghana to Côte d’Ivoire. So yes, we are collaborating with them. Apart from that, we do not have that strong relationship with Togo; so that relationship doesn’t help much. But because of the relationship we have with Côte d’Ivoire, we are counting on [it] even though it does not yield the results we are looking for.

“One of the things we are also doing now, at least to ensure that the people, who when they see this will report to us is that; so for example, if you see someone who has loaded a truck with load or has cocoa moving from Ghana to Côte d’Ivoire, the value of that cocoa, [is then], given to the persons who report to the security agencies, who arrest them.”

Fiifi Boafo
71039642
1500 bags of cocoa recently retrieved by the Anti-Smuggling taskforce

This, he said has incentivized people, as they are now willing and ready to immediately come out and provide the necessary details of smugglers they sight, who are then arrested by security agencies reported to.

READ ALSO: Ken Ofori-Atta Leaves For China To Discuss Debt Restructuring With Officials

Tags: AccraCOCOBOD Anti-Smuggling TaskforceCôte d'IvoireFiifi BoafoghanaGhana COCOBOD
ShareTweetShareSendSend
Please login to join discussion
Previous Post

Swiss Rival Bank, UBS Rescues Credit Suisse In a Government-Backed Deal

Next Post

Kejetia Market Fire: Govt Pledges To Support Affected Traders

Related Posts

Minerals Commission with Tanzania Delegation
Extractives/Energy

Minerals Commission Engages Tanzanian Delegation on Regulatory Governance

January 20, 2026
Kwame Kesse-Agyepong, GIPC Deputy Director, at Akwaaba Feeds in Bawjiase, with Representatives
Vaultz Business

GIPC Maps Out Central Region Investment Opportunities

January 20, 2026
Mr. Osei Owusu Agyeman, Project Coordinator for the West Africa Food System Resilience Programme, Ghana
Agribusiness

FSRP Secures Ghana’s Tomato Supply Through Strategic Partnerships

January 20, 2026
Williams Okofu-Dateh, CEO of the Ghana Integrated Iron and Steel Development Corporation
Vaultz Business

GIISDEC Formalizes Ghana’s Scrap Metal Trade

January 20, 2026
Whisk 73db79d798d7868b354438c9f626b338dr
Extractives/Energy

Ghana Set to Refine One Tonne of Gold Weekly

January 20, 2026
Seidu Abdulai Mubarak, President of the National Seed Trade Association of Ghana
Agribusiness

NASTAG Slashes Seed Prices to Combat Market Glut

January 20, 2026
Minerals Commission with Tanzania Delegation
Extractives/Energy

Minerals Commission Engages Tanzanian Delegation on Regulatory Governance

by Bless Banir YarayeJanuary 20, 2026
Kwame Kesse-Agyepong, GIPC Deputy Director, at Akwaaba Feeds in Bawjiase, with Representatives
Vaultz Business

GIPC Maps Out Central Region Investment Opportunities

by Silas Kafui AssemJanuary 20, 2026
Asia

Israel Targets Two UN Facilities In Latest Crackdown

by Comfort AmpomaaJanuary 20, 2026
Africa

Health of Jailed Ugandan Opposition Figure Besigye Deteriorates

by Comfort AmpomaaJanuary 20, 2026
Ghana's Vice President Professor Jane Naana Opoku Agyemang a meeting with Heads of International Monetary Fund country and regional offices in Africa
General News

Ghana-IMF Ties Must Evolve Beyond Bailouts – Vice President

by Evans Junior OwuJanuary 20, 2026
Mr. Osei Owusu Agyeman, Project Coordinator for the West Africa Food System Resilience Programme, Ghana
Agribusiness

FSRP Secures Ghana’s Tomato Supply Through Strategic Partnerships

by Silas Kafui AssemJanuary 20, 2026
Minerals Commission with Tanzania Delegation
Kwame Kesse-Agyepong, GIPC Deputy Director, at Akwaaba Feeds in Bawjiase, with Representatives
Ghana's Vice President Professor Jane Naana Opoku Agyemang a meeting with Heads of International Monetary Fund country and regional offices in Africa
Mr. Osei Owusu Agyeman, Project Coordinator for the West Africa Food System Resilience Programme, Ghana

Recent News

Minerals Commission with Tanzania Delegation

Minerals Commission Engages Tanzanian Delegation on Regulatory Governance

January 20, 2026
Kwame Kesse-Agyepong, GIPC Deputy Director, at Akwaaba Feeds in Bawjiase, with Representatives

GIPC Maps Out Central Region Investment Opportunities

January 20, 2026
download 34

Israel Targets Two UN Facilities In Latest Crackdown

January 20, 2026
download 33 1

Health of Jailed Ugandan Opposition Figure Besigye Deteriorates

January 20, 2026
Ghana's Vice President Professor Jane Naana Opoku Agyemang a meeting with Heads of International Monetary Fund country and regional offices in Africa

Ghana-IMF Ties Must Evolve Beyond Bailouts – Vice President

January 20, 2026
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address