But there could be a more sinister contributing factor. Ghana’s illegal gold mining sector, locally called ‘galamsey’, is having a significant impact on cocoa prices, the FT reported. Many cocoa ...

Ghana’s cocoa production dropped by nearly 50 per cent in the past three years, Dr Cassiel Ato Forson, Minister of Finance, said on Tuesday. Presenting the 2025 Budget and Economic Policy Statement in ...

The increase in illegal gold mining – known as ‘galamsey’ in Ghana – has also resulted in the pollution of cocoa-bearing land, said the newspaper. Galamsey’s insatiable rise is intensifying a crisis ...

Cocoa farmers in the Ivory Coast and Ghana, the world's two biggest cocoa-producing countries, said spotty rainfall over the past two weeks has been insufficient for tree regeneration and flowering.

Ghana’s cocoa sector, a cornerstone of the nation’s economy, has been faltering over the years with cocoa output for the 2023/24 falling to its lowest since 2016. The Ghana Cocoa Board ...