Ghana’s cocoa industry is on the brink of crisis as local Licensed Buying Companies (LBCs) face potential collapse, threatening the livelihoods of smallholder farmers and destabilising the country’s cocoa supply chain, the Ghana Civil Society Cocoa Platform (GCCP) warned. Reflecting on the challenges of the 2023/2024 cocoa season, the GCCP highlighted the precarious situation of local LBCs, especially those without the financial support of larger entities. According to the Business & Financial Times, the group cautioned that without intervention these companies could fail, leading to dire cons…