President Mahama introduces Scholarship Scheme for Cocoa farmers’ children

President Mahama introduces Scholarship Scheme for Cocoa farmers’ children

The Minister of Finance, Dr. Cassiel Ato Forson, has announced a significant development in the government’s efforts to support cocoa farmers. According to the Minister, President Mahama has introduced a Tertiary Education Scholarship Scheme specifically for the children of cocoa farmers.

This initiative aims to provide financial assistance to students from cocoa farming families, enabling them to pursue higher education without the burden of financial constraints. The scholarship scheme is expected to have a positive impact on the lives of many students and contribute to the development of the country’s human resources.

Implementation Details

The Minister disclosed on Monday, August 4, 2025 that the Cocoa Tertiary Scholarship Scheme will be implemented by the Ghana Cocoa Board (COCOBOD) in the 2025/26 season. The modalities for the scheme are currently being developed, and it is expected to take effect from the 2026/27 academic year.

This initiative is a testament to President Mahama’s commitment to supporting the welfare of cocoa farmers and their families. The scholarship scheme is expected to benefit many students and contribute to the country’s development.

Impact on Cocoa Farmers

The introduction of the scholarship scheme is likely to bring relief to many cocoa farmers who struggle to support their children’s education. It will also serve as a motivation for young people to pursue careers in agriculture and related fields, potentially leading to the next generation of cocoa farmers and industry leaders.

The government’s efforts to support cocoa farmers and their families are expected to have a positive impact on the country’s economy and contribute to the development of the cocoa industry.

SOURCE: Coverghana.com.gh