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Ghana IntelBrief

February 19, 2026
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Accountability Forum calls for forensic audit in COCOBOD finance

Money
Policy
Growth

Key Points

  • The Ghana Accountability Forum (GAF) has called for a forensic audit into the finances of the Ghana Cocoa Board (COCOBOD).
  • GAF demands the government establish an independent committee to publish its findings to strengthen public sector transparency and accountability, alongside enhanced parliamentary oversight.
  • These calls come as Ghana's cocoa sector undergoes structural reforms, facing issues like financial strain, declining output, and growing farmer concerns.
  • The forum emphasizes that accountability in the cocoa sector is a national responsibility crucial for safeguarding Ghana's iconic agricultural sector.
  • Declining cocoa production, linked to illegal mining, ageing farms, and inadequate farmer support, is seen as a threat to rural livelihoods and the broader economy.

Why This Matters

Ghana's cocoa sector is a cornerstone of its economy and national identity, directly impacting rural livelihoods and overall economic stability. The demand for a forensic audit and increased transparency at COCOBOD signals deep-seated financial and governance issues that, if not addressed, could severely undermine the sector's sustainability, farmer welfare, and Ghana's economic future amid declining production and rising debt.

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