President John Dramani Mahama is set to chair an emergency Cabinet meeting on Wednesday, February 11, 2026, to address growing challenges confronting Ghana’s cocoa industry.
The announcement was made on Tuesday by the Minister for Government Communications, Felix Kwakye Ofosu, in a post on X (formerly Twitter).
According to him, the high-level engagement will focus on critical issues affecting cocoa production, marketing, financing, and the welfare of farmers across the country.
The meeting comes at a time when Ghana’s cocoa sector is under intense pressure, largely due to financing difficulties that have delayed payments to farmers and other stakeholders along the value chain.
Industry observers warn that the situation could threaten the sustainability of one of the country’s most important export sectors if urgent measures are not implemented.
Government is reportedly considering strategies to secure adequate funding and stabilize the industry, including plans to ensure the purchase and smooth marketing of an estimated 300,000 tonnes of cocoa beans between now and September to prevent major disruptions.
The Ghana Cocoa Board (COCOBOD), which oversees cocoa pricing, purchasing, and exports, has acknowledged the funding shortfall and indicated that it is in active discussions with the Ministry of Finance to explore solutions.
Among the options under consideration is a possible review of the long-standing syndicated loan system that has traditionally supported cocoa procurement.
Meanwhile, cocoa farmers have expressed dissatisfaction with the producer price announced for the 2025/2026 season, arguing that it falls short of expectations.
Many warn that low prices could encourage cross-border smuggling and further reduce incomes within cocoa-growing communities.
The outcome of Wednesday’s emergency Cabinet meeting is expected to shape the government’s immediate response to the crisis and outline measures aimed at restoring confidence and stability in Ghana’s cocoa sector.
