Editorial: Côte d’Ivoire-Ghana Cocoa Initiative pleased with new producer price

The Côte d’Ivoire-Ghana Cocoa Initiative (CIGCI) congratulates the government of Ghana on officially opening its 2025/2026 cocoa season and for its announcement of a new producer price that reflects sustained commitment to the welfare of cocoa farmers.

CIGCI commended the Ghana Cocoa Board (COCOBOD) and applauded the bold step as an essential contribution in ongoing efforts to create a more equitable and sustainable global cocoa market.
“Government increased the producer price of cocoa from US$3.100/tonne to US$5.040/tonne, which is a record level and clear demonstration of our members’ commitment to uphold their promise to cocoa farmers and strengthen the foundation for a fairer and more resilient cocoa economy.”

For the past four years, Côte d’Ivoire and Ghana – representing over 60% of global cocoa production – have worked in close collaboration to align policies on farmgate pricing, market transparency and value distribution.

It is in this spirit of cooperation and coordination that the new producer price was announced. This level of cooperation between major producing countries is unprecedented on the African continent and reflects a shared vision of transformation in the cocoa sector.

Alex Assanvo, Executive Secretary-CIGCI, noted that a fair price for farmers is the first milestone in achieving a sustainable cocoa sector.

He added: “We are working to make cocoa the world’s first truly sustainable commodity – one that is environmentally sound, economically viable and socially just.

“Transformation of the cocoa sector can only be achieved if it is rooted in fairness and profitability for all, especially the cocoa farmer – without whom there is no cocoa and no chocolate.”

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