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February 20, 2026
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Heavy politicisation of cocoa industry has affected sector – Professor Peprah
Money
Policy
Opportunity
Growth
Key Points
- A US-based Finance Professor, Williams Peprah, expressed concern over the heavy politicization of Ghana's cocoa industry.
- He stated that politicization hinders the true benefits of cocoa policies and implementations.
- Professor Peprah emphasized the high price sensitivity of commodities like cocoa, urging careful government policy prescriptions.
- He proposed establishing a Commodity Stabilisation Fund to manage liquidity issues and support farmers during global price fluctuations.
- The fund would involve setting aside a percentage of earnings from various commodities, including cocoa, gold, and oil.
Why This Matters
This matters for Ghana because the cocoa industry is a cornerstone of its economy, providing significant foreign exchange earnings and livelihoods for many farmers. Politicization and price volatility threaten the stability and profitability of this vital sector, impacting national revenue and farmer welfare. A proposed Commodity Stabilisation Fund could offer a crucial mechanism to mitigate these risks and ensure sustainable growth for Ghana's key export commodities.
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