{"id":740272,"date":"2019-11-07T21:05:13","date_gmt":"2019-11-07T21:05:13","guid":{"rendered":"https:\/\/ghana-mma.com\/2019\/11\/07\/ghanaian-ivorian-cocoa-farmers-to-get-400-per-tonne-from-2021-akufo-addo\/"},"modified":"2019-11-07T21:05:13","modified_gmt":"2019-11-07T21:05:13","slug":"ghanaian-ivorian-cocoa-farmers-to-get-400-per-tonne-from-2021-akufo-addo","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/11\/07\/ghanaian-ivorian-cocoa-farmers-to-get-400-per-tonne-from-2021-akufo-addo\/","title":{"rendered":"Ghanaian, Ivorian cocoa farmers to get $400 per tonne from 2021 \u2013 Akufo-Addo"},"content":{"rendered":"

<\/p>\n

\n
\n
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President Nana Akufo-Addo<\/figcaption><\/figure>\n<\/div>\n

President Nana Akufo-Addo has announced cocoa farmers in Ghana and Ivory Coast will from the start of the 2021 crop season be paid a Living Income Differential (LIB) of $400 per tonne of cocoa.<\/p>\n

The President revealed this when he addressed the UNDP High Level Dialogue with African Influencers at the Kempinski Gold Coast Hotel under the theme, \u2018Africa\u2019s Money For African Development : A Future Beyond Aid.\u2019<\/p>\n

ALSO READ: $600m loan to revamp cocoa sector \u2013 NPP explains<\/strong><\/p>\n

The President in his address indicated that Ivory Coast and
\nGhana have agreed on initial deals to sell cocoa with a living income premium
\nof $400 in a bid to reform the global cocoa price.<\/p>\n

\u00a0\u201cLIB of $400 per tonne will be paid to farmers for all categories of cocoa beans from Ghana and Cote D\u2019Ivoire starting from the 2021 cocoa crop season; when our two countries begin to apply a new price mechanism for the sale of cocoa at $2,600 dollars per tonne,\u201d President Akufo Addo said.<\/p>\n

ALSO READ: Police confiscates 120 cartons of fake alcoholic beverages<\/strong><\/p>\n

The president added the policy has found support from major chocolate producers like Mars who recognise the need to make the industry sustainable.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

President Nana Akufo-Addo President Nana Akufo-Addo has announced cocoa farmers in Ghana and Ivory Coast will from the start of the 2021 crop season be paid a Living Income Differential (LIB) of $400 per tonne of cocoa. The President revealed this when he addressed the UNDP High Level Dialogue with African Influencers at the Kempinski […]<\/p>\n","protected":false},"author":1,"featured_media":740273,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-740272","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\nGhanaian, Ivorian cocoa farmers to get $400 per tonne from 2021 \u2013 Akufo-Addo - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/11\/07\/ghanaian-ivorian-cocoa-farmers-to-get-400-per-tonne-from-2021-akufo-addo\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ghanaian, Ivorian cocoa farmers to get $400 per tonne from 2021 \u2013 Akufo-Addo - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"President Nana Akufo-Addo President Nana Akufo-Addo has announced cocoa farmers in Ghana and Ivory Coast will from the start of the 2021 crop season be paid a Living Income Differential (LIB) of $400 per tonne of cocoa. 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