According to President Akufo-Addo, since his assumption of office in January 2017, he has worked with his Ivorian counterpart, President Alassane Outtara, to provide the necessary leadership for technical and political co-operation that addresses effectively the international cocoa price decline in the short-to-medium term.

“We are fashioning far reaching policies towards achieving a shared vision of an industrialized and prosperous domestic cocoa economy. This, I am sure, will reduce our vulnerability to the volatility of the markets, and help deliver prosperity to our farmers and people,” the President added.

President Akufo-Addo made this known on Monday,when he delivered a speech at this year’s World Cocoa Day celebration, at the Jubilee Park in Kumasi, an event which coincided with the 70^th anniversary celebration of the establishment of the Ghana Cocoa Board.

With price volatilities on the international cocoa market representing perhaps the biggest threat to cocoa producers, President Akufo-Addo bemoaned the fact that the fortunes of Ghanaian farmers, unfortunately, have become tied to the volatile cocoa bean market.

Nonetheless, and in spite of the over 40% drop in world cocoa prices, President Akufo-Addo stated that, his government will ensure that the price review for the coming season will not leave farmers short-changed.

“Indeed, government will make sure that producer prices paid to Ghanaian cocoa farmers remain unchanged, and will be in sync with those of Ivorian farmers,” he said.

Government, the President added, “is also working on the cocoa pension scheme for cocoa farmers, the first of its kind in our history. This will not only benefit cocoa farmers, but all involved in the cocoa value chain.”

Again, with Ghana and Cote d’Ivoire accounting for more than 60% of the world’s cocoa output, and yet earning together, some $5.75 billion out of the sale of cocoa beans, President Akufo-Addo lamented that “the farmers whose toil and sweat produced 60% plus of the world’s cocoa, earned 5.75% of the global value of their activity”, which was a little over $100 billion in 2015.

“This cannot, and should not continue. It is manifest injustice. We have to devise ways of ensuring that our farmers reap much greater value from their toil,” he said.

To this end, the President revealed that he has amongst other measures, directed the Minister for Food and Agriculture to direct COCOBOD to work towards increasing domestic processing of cocoa up from the current levels to a minimum of 50% of annual production by 2020.

This, he stressed, will significantly increase export revenues and foreign exchange earnings from cocoa.

“Processing of cocoa must also go beyond just grinding of the beans, to tertiary manufacturing for table consumption. Chocolate and cocoa products from Ghana should be accessible anywhere on the globe,” he said.

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By: citifmonline.com/Ghana

The post Ghana, Ivory Coast to tackle int’l cocoa price decline – Akufo-Addo appeared first on Citi 97.3 FM - Relevant Radio. Always.

Yaya Touré believes he is undervalued as a player because he is African and that the standings in the game of his fellow Ivorian Didier Drogba and Cameroon’s Samuel Eto’o have suffered for the same reason.

His Manchester City team-mate Samir Nasri claimed recently that Touré would be celebrated as one of the world’s best midfielders if he was not African. In an interview for Football Focus on BBC World News, Touré said: “I think what Samir was saying was definitely true.

“To be honest, proper recognition has only come from the fans,” said Touré, three times the African player of the year. “I don’t want to be hard and I don’t want to be negative, but I want to be honest.

“If we play well and we don’t have the recognition from the media, we are not going to be where we want to be,” he said.

Touré is also unhappy that Lionel Messi, his former team-mate at Barcelona, is recognised around the world but African players are not. He said: “If you go to any part of Africa now, people will say, ‘yes, we know him [Messi]’, but when you come to Europe and say ‘Yaya Touré’ people will say, ‘who is that?’ Some will say they know my name but not know my face. But they will know Messi’s face.”

Asked if players such as Eto’o and Drogba felt under-appreciated, Touré replied: “Definitely. I am very proud to be African, I want to defend African people and I want to show to the world that African players can be as good as the Europeans and South Americans.”

Touré also says he will be disappointed if he is not named player of the year by the Professional Footballers’ Association.

He is one of six on the shortlist with Chelsea’s Eden Hazard, Southampton’s Adam Lallana and the Liverpool trio of Luis Suárez, Steven Gerrard and Daniel Sturridge.

Asked if he would be unhappy not to win the award, Touré replied: “Definitely. As a champion, as a winner, I always want to win.”

You can listen to Yaya’s views on our FC Africa podcast

By Gary Al-Smith/Citifmonline.com/Ghana

Follow @garyalsmith

The post I don’t get recognition because I’m African – Yaya Toure appeared first on Citi 97.3 FM - Relevant Radio. Always.