Global cocoa prices soared but Ghanaian farmers gained little – Randy Abbey

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Global cocoa prices soared but Ghanaian farmers gained little – Randy Abbey

The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Randy Abbey, has expressed deep concern over the inability of both cocoa farmers and COCOBOD to benefit from the unprecedented surge in global cocoa prices that lasted for about eighteen months.

According to Abbey, despite the historic rise in world market prices, the period instead left cocoa farmers and the state cocoa regulator grappling with excessive debt.Read D Original / Full Story .

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