Ghana’s Cocoa Industry Faces Revenue Decline Amid Bean Shortage

• Ghana’s cocoa export earnings fell by 8.9% last year, exacerbated by an ongoing shortage impacting local processors.
• Cocobod strategizes to mitigate bean scarcity and bolster production, despite challenges from disease and smuggling.

Ghana’s export sector is bracing for a potential second-year revenue slump as local cocoa processing companies grapple with an ongoing shortage of beans.