The Licensed Cocoa Buyers Association (LCBA) has raised the alarm over a deepening funding crisis in Ghana’s cocoa sector, warning that delays and shortages in financing could threaten the livelihoods of millions of farmers and destabilize the country’s cocoa industry.
According to the association, the lack of timely funds is already causing disruptions in cocoa purchases, putting farmers at risk of unpaid dues and creating uncertainty across the supply chain. “If urgent action is not taken, this could escalate into a national crisis,” LCBA officials reportedly said.
The warning has sent shockwaves through political and agricultural circles, sparking urgent calls for intervention from government agencies, financiers, and cocoa industry stakeholders. Analysts say the situation could affect Ghana’s position as a leading cocoa exporter if not addressed immediately.
With farmers’ livelihoods hanging in the balance, the LCBA’s alarm underscores the critical importance of sustainable funding and support for Ghana’s cocoa sector—an industry vital to the nation’s economy and global cocoa supply.
