• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, December 23, 2025
  • 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

China Condemns U.S. Seizure of Venezuela-Linked Oil Tankers

Cocoa Boom Turns Bust as COCOBOD Records Losses Amid Global Price Rally

rCOMSDEP: Govt. Grants Mining Permits to 2 Communities in the Western Region

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

Whisk 4bd1192d3186a07bd444e0b38f36a614dr
Extractives/Energy

China Condemns U.S. Seizure of Venezuela-Linked Oil Tankers

December 22, 2025
Cocoa Boom Turns Bust as COCOBOD Records Losses Amid Global Price Rally
Agribusiness

Cocoa Boom Turns Bust as COCOBOD Records Losses Amid Global Price Rally

December 22, 2025
Lands and Natural Resources Minister, Hon. Armah-Kofi Buah
Extractives/Energy

rCOMSDEP: Govt. Grants Mining Permits to 2 Communities in the Western Region

December 22, 2025
Africa’s Crude Oil Demand To Hit 4.5m Barrels Daily By 2050
Extractives/Energy

Africa’s Crude Oil Demand to Double by 2050, Requiring $100bn Refining Investment

December 22, 2025
Ewoyaa Project: Atlantic Lithium Limited
Extractives/Energy

Atlantic Lithium Confirms Revised Ewoyaa Mining Lease Reaches Parliament

December 22, 2025
Hon. Samuel Abu Jinapor
Extractives/Energy

Former Lands Minister Questions Neglect of Value Addition in Revised Lithium Deal

December 22, 2025
Prof. H. Kwesi Prempeh, Chairman of the Constitutional Review Committee
General News

No Last-Minute Appointments, Contracts, and Asset Disposals after Electoral Defeat – CRC

by Evans Junior OwuDecember 22, 2025
President John Dramani Mahama receiving a summary of the CRC's report from its Chairman Professor H. Kwasi Prempeh
General News

Hold Presidential Election in Nov., Determine Election Petition within 30-Days – CRC

by Evans Junior OwuDecember 22, 2025
General News

CRC Rules Out MP-Ministers, Caps Appointment of Ministers @57

by Evans Junior OwuDecember 22, 2025
Dr. Cassiel Ato Forson, Minister of Finance
Economy

Ato Forson Pressures Public Sector Institutions to Embrace Discipline

by Michael Teye-Bio NaduteyDecember 22, 2025
Europe

Denmark Summons US Ambassador Over Greenland Envoy Appointment

by Comfort AmpomaaDecember 22, 2025
Ghana Activates Climate Insurance as ARC Payout Targets Drought-Ravaged Food Belt
Insurance

Ghana Activates Climate Insurance as ARC Payout Targets Drought-Ravaged Food Belt

by M.CDecember 22, 2025
Prof. H. Kwesi Prempeh, Chairman of the Constitutional Review Committee
President John Dramani Mahama receiving a summary of the CRC's report from its Chairman Professor H. Kwasi Prempeh
Dr. Cassiel Ato Forson, Minister of Finance
Ghana Activates Climate Insurance as ARC Payout Targets Drought-Ravaged Food Belt

Recent News

Prof. H. Kwesi Prempeh, Chairman of the Constitutional Review Committee

No Last-Minute Appointments, Contracts, and Asset Disposals after Electoral Defeat – CRC

December 22, 2025
President John Dramani Mahama receiving a summary of the CRC's report from its Chairman Professor H. Kwasi Prempeh

Hold Presidential Election in Nov., Determine Election Petition within 30-Days – CRC

December 22, 2025
CRC 9

CRC Rules Out MP-Ministers, Caps Appointment of Ministers @57

December 22, 2025
Dr. Cassiel Ato Forson, Minister of Finance

Ato Forson Pressures Public Sector Institutions to Embrace Discipline

December 22, 2025
2025 08 30T160644Z 1741014177 RC2OHGABZAT8 RTRMADP 3 EU FOREIGN 1766401507

Denmark Summons US Ambassador Over Greenland Envoy Appointment

December 22, 2025
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