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Peter Mac Manu picks up “Board Chairmanship” role of Cocobod

3Aug

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Peter Mac Manu picks up “Board Chairmanship” role of Cocobod

One time National Chairman of the New Patriotic Party (NPP) and campaign manager for President Akufo-Addo’s successful bid for the Presidency in 2016 and 2020 elections, Peter Mac Manu, has been appointed the Board Chairman of Cocobod. Mr. Mac Manu is expected to take over the role from Hackman Owusu-Agyemang, who served as the Board Chairman of Cocobod during President Akufo-Addo’s first term in office. The Minister responsible for Food and Agriculture, Owusu Afriyie Akoto (MP), is expected to swear in the new Cocobod Board of Directors by Friday 6th of August 2021. Ghana Cocoa Board The Ghana Cocoa Board (Cocobod), was established by ordinance in 1947 with the sum of ¢ 27 million (being Ghana’s share of the net profit of the West African Produce Control Board) ...

COCOBOD embarks on cocoa rehabilitation Programme in Boako District

Mr Prince Philip Akwensie, Sefwi-Boako District Extension Coordinator of the Cocoa Health and Extension Division of the Ghana Cocoa Board, has expressed satisfaction about the ongoing Cocoa rehabilitation Programme in the Western North Region. The cocoa rehabilitation programme is to, among others, treat Cocoa swollen shoot virus disease (CSSVD), aged Cocoa trees and farms. Speaking to the Ghana News Agency (GNA) at Anyinabrim on the success of the Cocoa rehabilitation Programme, Mr Akwensie indicated that the programme has been a success and assured that the programme would help boost Cocoa production in the area. Mr Akwensie said a total of 391 cocoa farms which cover 334.71 hectares of farm land had been rehabilitated in the District. He said his outfit has also distributed...

Ghana Cocoa Board signs $1.3billion syndicated loan for 2020/21 cocoa purchases

Ghana Cocoa Board on Tuesday signed a $1.3 billion syndicated loan agreement with local and international banks for the purchase of cocoa for the 2020/21 season. Parliament in August approved the syndicated loan, which comes with an interest rate of 1.75 per cent.It was the first time that the agreement had to be signed virtually with the 24 international banks and four local ones because of the coronavirus pandemic. The International banks include Amro Bank, Bank of China Limited in London, Standard Chartered Bank, Industrial and Commercial Bank of China and Ghana International Bank, Cooperative Rabobank, UA and Societe General. The local banks are Ecobank Ghana Limited, Societe Generale Ghana Limited, Absa Ghana Limited and Stanbic Bank Ghana Limited. Mr Joseph Boahen Ai...