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IMF Order COCOBOD To Stop Road Projects; CEO Says No More ‘Cocoa Roads’

  • The Ghana Cocoa Board (COCOBOD) has announced its determination to suspend cocoa road construction once ongoing projects are completed. COCOBOD launched the Cocoa Road Programme to address transportation issues for delivering agro-inputs to cocoa growers and facilitating cocoa bean evacuation. CEO Joseph Boahen Aidoo indicated at the Cocoa Clinic’s 50th Anniversary Celebration symposium that this policy move is the result of negotiations with the European Union and the International Monetary Fund (IMF). He claimed that both groups questioned COCOBOD’s involvement in road development, demanding a focus on essential functions.         “The EU sent a team last year to do due diligence on sustainable production …

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