President John Dramani Mahama is set to hold an emergency Cabinet meeting on Wednesday, February 11, 2026, to address growing concerns in Ghana’s cocoa sector.
The announcement was made by the Minister for Government Communications, Felix Kwakye Ofosu, in a post on X, formerly Twitter, on Tuesday.
The meeting is expected to focus on issues affecting cocoa production, marketing and the welfare of farmers.
President Mahama has called an EMERGENCY CABINET SESSION for tomorrow, Wednesday, 11th February, 2026, to address all issues affecting the Cocoa sector.
— Felix Kwakye Ofosu (@FelixKwakyeOfo1) February 10, 2026
The emergency engagement is being held at a time when Ghana’s cocoa industry is under intense strain, driven largely by financing difficulties that have slowed payments to farmers and actors along the value chain, raising fears about the sector’s sustainability.
Industry players say liquidity constraints and delays in settling obligations to cocoa farmers and Licensed Buying Companies (LBCs) are deepening uncertainty and could disrupt operations if urgent steps are not taken.
The Licensed Cocoa Buyers Association of Ghana (LICOBAG) has warned that government must quickly secure funds to purchase about 300,000 tonnes of cocoa beans between now and September to prevent serious shocks to the industry.
The Ghana Cocoa Board (COCOBOD), which oversees cocoa pricing, purchasing and exports, has admitted to the funding shortfall and says it is engaging the Ministry of Finance on possible remedies. These include reconsidering the long-used syndicated loan system that supports cocoa procurement.
Meanwhile, farmers are unhappy with the producer price announced for the 2025/2026 season, arguing that it does not meet expectations and could fuel smuggling while eroding incomes across cocoa-growing communities.
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