COCOBOD Repositions to Maximise Gains Under 24-Hour Economy Policy

The Ghana Cocoa Board (COCOBOD) is set to re-calibrate its operations to fully harness opportunities under the government’s newly launched 24-hour economy agenda.

The policy seeks to stimulate productivity, accelerate exports, and unlock inclusive economic growth across critical sectors including agriculture, pharmaceuticals, manufacturing, infrastructure, logistics, and textiles.

Speaking to journalists during an inspection of COCOBOD’s facilities in Tema, Board Chairman Samuel Ofosu Ampofo underscored the strategic imperative for operational realignment to drive productivity.

“The 24-hour economy policy was launched, and the President’s emphasis is also on the ports. The ports is going to operate 24 hours and COCOBOD has its warehouses here, do exports here, do quality control here and so if we are to take advantage of the 24-hour economy the infrastructure and logistical that will enable us to reposition COCOBOD to take full advantage of the 24-hour economy to increase productivity, keep quality assurance and at the same time expand the base of production and create more jobs for our teeming youth,” Dr. Ampofo stated.

According to him, leveraging the policy framework will not only boost export earnings and quality standards but also drive job creation across the cocoa value chain, aligning with COCOBOD’s broader mandate to enhance the sector’s global competitiveness.

The Board’s upcoming strategy, he hinted, will prioritise infrastructure upgrades and extended operational hours at its export and quality control units within the port enclave to align with Ghana’s round-the-clock economic ambition.

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