Ghana plans sweeping cocoa sector reforms through a new COCOBOD Bill, including a 70% minimum FOB price guarantee and expanded local cocoa processing.
The agreement is expected to improve market access, support farmer incomes and strengthen agricultural trade within West Africa.
Financial projections indicate that the secured off-taker agreement is expected to generate approximately US$3.5 million annually.
Dolphyne succeeds Claude Aman, who previously held the role.
The latest disbursement includes GH¢1.4 billion to clear outstanding cocoa purchase debts, reinforcing efforts to protect farmer incomes and strengthen Ghana’s cocoa marketing system.