Latest news with #GhanaCocoaBoard

Zawya
16-05-2025
- Business
- Zawya
Ghana: Government to Acquire 200000 Hectares for Cocoa Plantation
The Minister for Finance, Dr. Cassiel Ato Forson, has announced an ambitious government plan to acquire 200000 hectares of land for cocoa plantations as part of efforts to revive Ghana's struggling cocoa sector and restore production levels to 1 million metric tonnes. Speaking at the inauguration of a new eleven-member Board of Directors for the Ghana Cocoa Board (COCOBOD) at the Ministry of Finance, Dr. Forson stressed the urgent need for bold interventions to address the sharp decline in cocoa production, which has fallen from a peak of 1 million metric tonnes to about 500,000 metric tonnes in recent years. Dr. Forson, who now serves on the COCOBOD Board by virtue of a new legal provision mandating the inclusion of the Finance Minister and the Governor of the Bank of Ghana, reaffirmed government's commitment to repositioning cocoa as the cornerstone of the national economy. 'Cocoa has always been the mainstay of our economy, and that must not change,' he said. 'Unfortunately, massive mismanagement in recent years has led to a worrying downturn in both production and financial stability. It is time to act decisively.' He disclosed that government, working through COCOBOD, would establish plantation farms by acquiring about 200000 hectares of cocoa land to significantly boost production levels. This, he explained, would complement existing smallholder farmer operations and ensure sustainable growth in the sector. Dr. Forson also highlighted the need to urgently tackle diseased farms, particularly in the Western Region, which continue to hamper output and affect the livelihoods of cocoa farmers. He pledged the Finance Ministry's unwavering support for COCOBOD as it embarks on this turnaround agenda. The Chairman of the newly inaugurated board, Dr. Samuel Ofosu Ampofo, promised to reset, retool, and reposition COCOBOD as a model institution. Distributed by APO Group on behalf of Ministry of Finance - Republic of Ghana.


Bloomberg
09-05-2025
- Business
- Bloomberg
Ghana to Start Cocoa Harvest Two Months Early to Curb Smuggling
Ghana plans to start next season's cocoa harvest in August, two months ahead of schedule, to provide early cash to farmers and curb hoarding and smuggling of the beans. The country's industry regulator, the Ghana Cocoa Board, will also announce increased farmgate prices to ensure growers are paid early, according to people with knowledge of the matter, who asked not to be named discussing private information.


Business Mayor
02-05-2025
- General
- Business Mayor
ibrahim mahama wraps kunsthalle bern in jute sack veil, confronting histories of labor & trade
Ibrahim Mahama conceals the Kunsthalle Bern in Switzerland behind a veil of jute sacks, marking a moment of transition for the historic gallery. The installation coincides with the Kunsthalle's upcoming reopening and its shift toward a broader institutional reinvention, while echoing one of the most iconic moments in its history: the translucent 1968 wrap by Christo and Jeanne-Claude celebrating its 50th anniversary. Mahama's intervention transforms the building's exterior into a textured, earth-toned skin, layering global histories of labor, trade, and material exchange onto the facade. The historic jute sack, laden with connotations of colonial legacies and economic networks, becomes his primary medium, assembled to introduce a rough presence that embeds the structure within larger social conversations. The installation will remain on view through June 1st as the Kunsthalle moves toward a full reopening with an ambitious program featuring exhibitions by artists including Melvin Edwards and Tuli Mekondjo, alongside events and performances. all images courtesy Cedric Mussano ibrahim mahama questions flows of labor, value, and power This new commission arrives at a pivotal moment for Kunsthalle Bern. As the institution undergoes renovations to improve safety, accessibility, and environmental performance, it has embraced the opportunity to rethink its mission. Under the leadership of director iLiana Fokianaki, the institution has been engaged in a yearlong process of what it has termed 'fermentation', referring to a radical rethinking of its operational, curatorial, and administrative practices by drawing from the ecological principles of permaculture. As the building transforms physically, so too does the institution's vision: toward a more inclusive, model that considers its social and ecological responsibilities in the context of the environment and global cultural shifts — 'A 'work in progress' where our new vision for an institution of the future emerges: permeable and with access for all,' as the team notes. For Ibrahim Mahama, the opportunity to design a veil that marks this moment of transition signaled a chance to interrogate the flows of labor, value, and power that shape global histories, while situating the Kunsthalle within those networks. Known internationally for his large-scale installations made from found and repurposed materials, the Ghanian artist works with the histories embedded in everyday objects. His signature material, the jute sack, carries particular resonance in this project. Used in his native country to transport cocoa, the sacks bear the marks of a context deeply intertwined with Swiss economic history. Manufactured in Southeast Asia, shipped to Ghana by the Ghana Cocoa Board, used first for cocoa, then sold on to local rice and corn traders and ultimately recycled for charcoal transport, the sacks here become an archive of labor, trade, and environmental change. Ibrahim Mahama's intervention at the Kunsthalle Bern in Switzerland a record of collective labor Where Christo and Jeanne-Claude's wrap was a formal exploration of concealment and transformation, Ibrahim Mahama's version layers in histories of colonialism, global capitalism, and ecological crisis through this material. The work also asks viewers to consider how institutions are shaped by the legacies they inherit, whether in architecture, art history, or trade, and how those legacies might be opened up to critical reflection. The jute sack, as Mahama explains, becomes a record of collective labor, 'scarred' by its passage through global circuits of commerce. The material's own vulnerability, including its susceptibility to insect infestations that threaten up to 40% of harvest value, points to larger systems of extraction, overproduction, and ecological collapse. Seen in this light, even the smallest actors — insects — become agents in disrupting the flows of global capital, reframing how we understand agency and resistance in the context of environmental degradation. concealed behind a veil of jute sacks The Kunsthalle's upcoming program, culminating in a full relaunch in spring 2025, will continue to develop these questions. Fokianaki's curatorial approach, too, supports this by foregrounding the institution as a site of permeability and public accountability. The renovation phase has been used as an active chance to reconsider why the institution exists, for whom it operates, and how it can become a 'home' in an era marked by ecological and social uncertainty. used in Ghana to transport cocoa, the sacks bear a context deeply intertwined with Swiss economic history the installation coincides with the Kunsthalle's upcoming reopening and its shift toward an institutional reinvention project info: name: Kunsthalle Bern wrap artist: Ibrahim Mahama location: Switzerland photographer: Cedric Mussano