Ghana and Ivory Coats Lift Cocoa Ban

Ghana and Ivory Coast have announced an end to the ban on cocoa sales introduced last month.

The ban on sales for the 2020/2021 season was intended to raise the price for farmers, with the countries announcing a fixed “living income differential” of $400 per tonne. Together Ghana and Ivory Coast account for the majority of global production. 

A 2018 Fairtrade International survey found that only 12 per cent of cocoa farming households in the Ivory Coast earned $2.50 per person per day.

The decision to end the ban was announced by Yves Kone-Brahima, Executive Director of the Coffee-Cocoa Council of Ivory Coast, and Joseph Boahen Aidoo, Executive Head of the Ghana Cocoa Board and cited by AFP.