Cocoa Chamber seeks reforms to boost sector growth

Ghana's Chamber of Cocoa Marketers is advocating for significant reforms to invigorate the nation's vital cocoa sector. The organization is calling for enhanced collaboration among stakeholders, improved access to financing for cocoa businesses, and a greater focus on value addition to move beyond raw bean exports.

Samuel Adomado, the Acting President of the Chamber, highlighted the importance of responsible governance as a cornerstone for the sector's advancement. The recent transition of the Licensed Cocoa Buyers Association of Ghana (LICOBAG) into the Chamber of Cocoa Marketers is seen as a strategic move to strengthen the industry's collective voice and operational efficiency.

This push for reform aims to unlock the full potential of Ghana's cocoa production, ensuring greater economic benefits for the country. By addressing financing, value addition, and governance, the Chamber seeks to build a more resilient and prosperous cocoa industry.