URGENT
🇬🇭 GhanaBusiness

Ghana targets 100% locally processed cocoa by 2030

By , based on Starr FM

Ghana targets 100% locally processed cocoa by 2030KokoDZ · CC BY-SA 4.0

Ghana aims to process 100% of its cocoa locally by 2030, after an interim target of 50% in 2028, Finance Minister Cassiel Ato Forson announced. The plan will expand local production to cocoa derivatives and prepare for an end to raw bean exports, according to Starr FM.

Ghana plans to expand local cocoa processing beyond primary grinding to produce butter, powder, chocolate and cosmetics, among other products. Finance Minister Cassiel Ato Forson presented this policy on Thursday 12 November 2026 before Parliament during the presentation of the 2027 budget, according to Starr FM.

The government aims to process at least 50% of cocoa production locally in 2028, before reaching 100% in 2030. The scheme is intended to increase the share of value retained in the country and encourage Ghanaian companies, researchers, brands and skilled workers to participate across the cocoa value chain, according to Starr FM.

The measure is part of the $3 billion allocation for commercial agriculture under the government’s New Economy programme, which also seeks to strengthen domestic production, agro-industry, import substitution and employment. The programme covers eight integrated value chains, including rice, sugar, poultry, maize, soybeans for animal feed, aquaculture, palm oil and vegetables, according to Starr FM.

The presentation came on the same day as the announcement of an end to raw cocoa exports in 2030, already published in the announcement on raw cocoa exports.

Share this article

Related stories

Ghana to end raw cocoa exports by 2030

Ghana will end exports of raw cocoa beans by 2030, according to Finance Minister Cassiel Ato Forson. The country wants to process at least half of its cocoa locally from 2028, then develop finished and cosmetic products, 3News reported.

🇬🇭 Ghana · Source: 3News ·

Ghana to invest $1.5 billion in mineral processing

Ghana will invest $1.5 billion in the local processing of manganese, bauxite, lithium and gold, Finance Minister Cassiel Ato Forson announced on 12 November 2026. The plan provides for a ban on exports of raw artisanal gold from 2028 and raw manganese and bauxite from 2030, according to 3News.

🇬🇭 Ghana · Source: 3News ·

Ghana targets 8% growth and unemployment below 8%

Ghana is targeting real GDP growth of about 8% and unemployment below 8% by 2030, Finance Minister Cassiel Ato Forson announced. The government also wants a path towards an investment-grade sovereign rating, according to MyJoyOnline.

🇬🇭 Ghana · Source: MyJoyOnline ·

Ghana to invest $300 million in artificial intelligence

The Ghanaian government plans to invest $300 million between 2027 and 2028 to create a National Artificial Intelligence Centre and upgrade rural mobile networks from 2G to 4G. The announcement, made during the presentation of the 2027 budget, also targets digital training and research, according to Finance Minister Cassiel Ato Forson.

🇬🇭 Ghana · Source: MyJoyOnline ·

🇬🇭 Latest from Ghana

Map: GhanaGhana invests $1 billion in Pwalugu damGhana will allocate $1 billion to build the Pwalugu multipurpose dam, according to Finance Minister Cassiel Ato Forson. The project is to irrigate more than 25,000 hectares, accommodate 1,000 fish cages and generate 70 megawatts of electricity, according to his 2027 budget presentation.All Ghana news →

Business in West Africa

Sanwo-Olu calls for investment across the food chainSanwo-Olu calls for investment across the food chainLagos Governor Babajide Sanwo-Olu calls for stronger investment across the food chain to improve food security. He also backs implementation of Lagos’s five-year agricultural and food systems roadmap with the private sector and other levels of government.All Business news →

The week in Africa

This week’s highlights

  1. SADC prepares regional plan against Ebola🇨🇩 DR Congo
  2. Dangote IPO attracts 5.85 trillion naira in subscriptions🇳🇬 Nigeria
  3. Trump threatens Iran with destruction after attack🇺🇸 United States
  4. Colette Kress takes interim leadership of Nvidia🇺🇸 United States
  5. Dakar 2026 Youth Olympics: Senegal totals 10 medals, including 5 gold🇸🇳 Senegal
All of this week’s highlights →

Africa in your inbox

Be the first to get our letter in English: the essentials from every region of the continent, free.

Free · one email a week · unsubscribe in one click. Your address is only used to send you the letter, never sold. Personal data

← Back to the news