Ghana and Ivory Coast, source of most of the world’s cocoa, agreed in June 2026 to align cocoa pricing and crop calendars to lift farmer incomes.
WEST AFRICA · COMMODITIES
Key Facts
—The deal: Presidents John Mahama of Ghana and Alassane Ouattara of Ivory Coast signed a Joint Declaration in Abidjan on June 16, 2026.
—Market weight: The two neighbours supply more than 60% of the world’s cocoa between them.
—Aligned prices: Both will set farm-gate prices in dollar terms, narrowing the gap that has long driven cross-border smuggling.
How the cocoa price crash is crushing West African farmers
Cocoa, coffee farmers seek African bloc, $6,000 floor price to end foreign control
Ajuste internacional: ‘cacao sigue teniendo un precio relativamente bueno hasta el momento’
Africa’s top 15 agro-exports driving trade growth
Citi convenes West African leaders as CBN pushes reforms for AfCFTA trade - Businessday NG
IMF approves $832M disbursement for Ivory Coast
Cameroon’s richest woman gets late cocoa boost after disappointing season for Africa’s fourth-largest producer
Ghana and Côte d’Ivoire have agreed to align cocoa producer pricing policies from the 2026/2027 season, as the world’s two…
The two countries together account for 60% of global cocoa production
From cocoa to fishing to finance, Africa is moving from price-taker to price-setter, coordinating across borders to keep more of…
Africa Intelligence Brief for Friday: from Ghana and Ivory Coast aligning cocoa prices to fifteen nations uniting against illegal…
Chocolate bars may have shot up in price but West Africa's cocoa farmers are facing economic ruin.
Cocoa prices reached a peak in 2024 before plummeting by nearly 75%, dealing a financial blow to millions of farmers in Ghana and…
