The cocoa sector, which is the single most important source of income for farmers in Ghana, faces several challenges.
There is a decline in world prices affecting the financial situation of the organization managing the sector, COCOBOD.
There are also structural problems such as the large number of aging or diseased trees, which need to be replaced, the low level of productivity, which discourages farmers from remaining in the sector, and smuggling.
The project aims to finance:
The primary beneficiaries will be cocoa farmers, many of whom are producing below the productive capacity of their cocoa farms and will therefore see their income increase through improved performance in the cocoa sector.
Total cost: 5000000
Source(s) of financing
Task Manager: IBRAHIM Amadou, ECGF / no contact details provided at the time of disclosure
ACCOUNTABILITY MECHANISM OF AfDB
The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing email@example.com, firstname.lastname@example.org, email@example.com, and/or firstname.lastname@example.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/.