• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, October 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

World Bank’s $100M Boost for Ghana’s Cocoa Farms, A New Dawn for Sustainability

M.Cby M.C
July 5, 2024
Reading Time: 3 mins read
M.Cby M.C
in Agribusiness, Sub Top Stories1
0
World Bank’s $100M Boost for Ghana’s Cocoa Farms, A New Dawn for Sustainability

In efforts to revitalize Ghana’s cocoa industry, the Ghana Cocoa Board (COCOBOD) has secured a US$100 million financing facility from the World Bank.

This substantial support aims to rejuvenate old cocoa farms across six key cocoa-growing districts in the country, including Assin Fosu, New Edubiase, Nkawkaw, and Juaso.

The four-year project is designed to address the pressing need for farm rehabilitation, focusing on cocoa trees that have surpassed 20 years of age. These aged trees, while not diseased, have outlived their productive lifespan, becoming ‘moribund’ and unproductive.

RelatedPosts

NAFCO crippled as Rice Glut Threatens Farmers

Africans Must Own the Future of the World – Speaker Bagbin

MoFA Boosts School Farm Production With 25,000 Fertilizer Bags

As COCOBOD CEO, Joseph Boahen Aidoo, emphasized during a recent field trip to Assin Fosu, “Once cocoa hits 20 years and above, it has spent its lifespan, and from that stage, you realize that it bears no fruits, no pods, and the flowers don’t come, yet the farmer would be maintaining such a farm, and this is not productive.”

The rehabilitation initiative will involve the cutting down of these old cocoa trees, land preparation, and the provision of essential planting materials, including seedlings and plantain suckers. Recognizing the extensive labor and resources required for such a transformation, COCOBOD is committed to providing comprehensive support to the beneficiary farmers.

This includes not only the supply of seedlings but also plantain suckers, labor for planting, and the deployment of extension officers to educate and assist farmers in managing their rejuvenated farms for optimal yields.

ADVERTISEMENT

During the field visit, Boahen Aidoo highlighted the importance of this multifaceted support, stating, “If you cut the trees from this 30-hectare land, and you want the farmer to provide plantain suckers within one year, they cannot. That’s why we’re supporting them.”

Learning from Past Initiatives

Ghana has previously implemented similar projects with support from the African Development Bank (AfDB) under the Cocoa Rehabilitation Programme, which focused on eradicating the Cocoa Swollen Shoot Virus Disease (CSSVD). The lessons learned from these past initiatives will inform the current project, ensuring that the interventions are effective and sustainable.

During the field trip, farmers expressed their concerns about the deplorable state of roads in cocoa-growing areas, which hampers the transportation of produce post-harvest, leading to significant losses. Nana Kweku Appotoi IV, Aboabohene of Assin Nyankomase, urged COCOBOD to take decisive action to improve the road infrastructure in these communities.

In response, Boahen Aidoo assured that the government, buoyed by recent increases in cocoa prices, would allocate funds to address these infrastructural deficiencies. He also underscored the vital role of extension officers, noting that COCOBOD has increased the ratio of officers to farmers from one-to-three thousand to one-to-six hundred, nearing the FAO’s standard of one-to-five hundred.

Best Practices for Sustainable Cocoa Farming

Boahen Aidoo also took the opportunity to advise farmers on sustainable farming practices. He cautioned against growing cocoa in unsuitable soils such as sandy or clay, burning weeds, and using harmful weedicides like ’round up’ and glyphosate. These practices, he explained, damage the soil’s essential nutrients and reduce crop yields. Instead, he recommended leaving pruned branches on farms to serve as mulch and enrich the soil.

To further support farmers, COCOBOD has procured about 100,000 motorized slashers and pruners since 2020, which are available at district offices. These tools are intended to aid in clearing cocoa farms efficiently, thereby increasing productivity.

COCOBOD’s $100 million rehabilitation project, backed by the World Bank, represents a crucial investment in the future of Ghana’s cocoa industry. By providing comprehensive support, improving infrastructure, and promoting sustainable farming practices, COCOBOD aims to significantly enhance cocoa yields and the livelihoods of farmers across the six targeted districts. As this project unfolds, it holds the promise of not only rejuvenating old farms but also setting a precedent for sustainable agricultural development in Ghana.

READ ALSO: Atlantic Lithium Tops Gainers with 7.58% Surge on a No-Loser Day for GSE

Tags: CocoaCocoa FarmingCOCOBODWorld Bank
Please login to join discussion
Previous Post

Modi To Meet Putin In Russia

Next Post

Next Government to Face Hefty Debt Burden, Warns Former Finance Minister Terkper

Subscription Form

Related Posts

NAFCO crippled as Rice Glut Threatens Farmers
Agribusiness

NAFCO crippled as Rice Glut Threatens Farmers

October 22, 2025
Speaker of Ghana’s Parliament, Rt. Hon. Alban Kingsford Sumana Bagbin
General News

Africans Must Own the Future of the World – Speaker Bagbin

October 22, 2025
MoFA Boosts School Farm Production With 25,000 Fertilizer Bags
Agribusiness

MoFA Boosts School Farm Production With 25,000 Fertilizer Bags

October 22, 2025
Former Chief Justice Sophia Akuffo
Extractives/Energy

Sophia Akuffo Calls for Ethical Resource Use to Shift “From IMF Bailout to Breakthrough” 

October 22, 2025
Yields Climb as Treasury Struggles to Hit Targets in Latest Auction
Securities/Markets

Yields Climb as Treasury Struggles to Hit Targets in Latest Auction

October 22, 2025
Ghana’s Rising Food Insecurity Demands Urgent Systemic Reform
Agribusiness

Ghana’s Rising Food Insecurity Demands Urgent Systemic Reform

October 21, 2025
King Charles III and Pope Leo XIV
Europe

King Charles III, Pope Leo XIV Make History With Joint Prayers

by Comfort AmpomaaOctober 23, 2025
NAIMOS Extends Galamsey Operation to Western North and Ashanti Regions
Extractives/Energy

NAIMOS Extends Galamsey Operation to Western North and Ashanti Regions

by Bless Banir YarayeOctober 23, 2025
Former First Lady Nana Konadu Agyeman-Rawlings Passes at 76
General News

Former First Lady Nana Konadu Agyeman-Rawlings Passes at 76

by Silas Kafui AssemOctober 23, 2025
Professor Stephen Kwaku Asare
General News

Buying Public Land Below Value a Crime – CDD-Ghana Fellow Fumes

by evansjrOctober 23, 2025
Protect ‘Stronger’ Women’s Role in Informal Trade – GSS
Economy

Protect ‘Stronger’ Women’s Role in Informal Trade – GSS

by Michael Teye-Bio NaduteyOctober 23, 2025
GNPC and SONATRACH Advance Strategic Partnership
Extractives/Energy

GNPC, SONATRACH Forge to Boost Energy Research and Innovation in Africa 

by Prince AgyapongOctober 23, 2025
King Charles III and Pope Leo XIV
NAIMOS Extends Galamsey Operation to Western North and Ashanti Regions
Former First Lady Nana Konadu Agyeman-Rawlings Passes at 76
Professor Stephen Kwaku Asare
Protect ‘Stronger’ Women’s Role in Informal Trade – GSS
GNPC and SONATRACH Advance Strategic Partnership

Recent News

King Charles III and Pope Leo XIV

King Charles III, Pope Leo XIV Make History With Joint Prayers

October 23, 2025
NAIMOS Extends Galamsey Operation to Western North and Ashanti Regions

NAIMOS Extends Galamsey Operation to Western North and Ashanti Regions

October 23, 2025
Former First Lady Nana Konadu Agyeman-Rawlings Passes at 76

Former First Lady Nana Konadu Agyeman-Rawlings Passes at 76

October 23, 2025
Professor Stephen Kwaku Asare

Buying Public Land Below Value a Crime – CDD-Ghana Fellow Fumes

October 23, 2025
Protect ‘Stronger’ Women’s Role in Informal Trade – GSS

Protect ‘Stronger’ Women’s Role in Informal Trade – GSS

October 23, 2025
GNPC and SONATRACH Advance Strategic Partnership

GNPC, SONATRACH Forge to Boost Energy Research and Innovation in Africa 

October 23, 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