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Ghana’s 2024 cocoa export revenue crashes to $1.7 billion—lowest in 15 years

Ghana, the world’s second-largest producer of cocoa, has seen its 2024 export earnings plummet to $1.7 billion—the lowest in 15 years. An analysis of data from the Bank of Ghana shows that cocoa export earnings have fallen below the $2 billion mark, representing a sharp 25.4% decline in just a year. This drop is largely attributed to dwindling production, which has shrunk by over 11% within the ...

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GHC1.5b petroleum revenue not accounted for since 2017 – PIAC

An amount of GHC1.5 billion petroleum revenue cannot be accounted for in the 2019 fiscal year, the Public Interest and Accountability Committee (PIAC) has disclosed. According to the committee, out of the 2.7 billion cedis accrued into the annual budget funding amount, the state only used 1.2 billion cedis with the remaining 1.5 billion not utilized and not accounted for. ...

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