Entrance of Cocoa Processing Company
The Minister of Finance, Dr Cassiel Ato Forson, has announced plans by the government to revive the Cocoa Processing Company (CPC) and position it as Ghana’s leading cocoa processor.
Speaking at a press briefing on Thursday, February 12, 2026, Dr Forson underscored the crucial role CPC plays in the country’s cocoa industry.
He explained that the revival comes at a time when the government is determined to strengthen the cocoa value chain, boost production capacity, and create more jobs.
“Reviving CPC is a strategic step to strengthen our cocoa value chain. By processing more cocoa locally, we add value to our produce, create jobs, and ensure that Ghana benefits more from its resources,” he said.
Cabinet instructs COCOBOD to begin repayment to all affected cocoa farmers.
The revival plan will include operational upgrades, expansion of production capacity, and reforms aimed at improving efficiency.
Dr Forson added that the government envisions CPC not only as a processor but also as a benchmark for sustainable and competitive cocoa processing in Ghana.
Ghana, the world’s second-largest cocoa producer, has historically exported most of its cocoa beans in raw form.
According to the government, this model limits the country’s potential earnings and leaves it vulnerable to global price fluctuations.
Dr Forson stressed that the initiative would reduce raw cocoa exports, promote local processing, and ensure that Ghana derives maximum benefit from its cocoa resources.
SA/MA
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