The COVID-19 pandemic has reshaped societies and will continue to do so. Despite its salience, micro-scale evidence on how this pandemic reshapes the livelihood strategies of forest communities in sub-Saharan Africa are lacking. To bridge this lacuna, this paper analyses the dynamics around forest-based livelihood strategies in the context of the COVID-19 pandemic in the Bia West District of Ghana. Key informant interviews (n = 8) and a survey of forest-dependent households (n = 100) were conducted to generate relevant data. The study identified fuelwood harvesting, medicinal plants extraction, fruit-gathering and beekeeping as the four livelihood activities that were predominantly practised in the study communities during the COVID-19 pandemic. The analysis established an increase in the number of households that diversified into fuelwood harvesting. Regarding medicinal plants collection as a livelihood strategy, less than 10% of households either diversified or intensified this practice with similar charges recorded in fruit-gathering and beekeeping. The logistic regression disclosed gender, household size, education and income, as the socioeconomic variables that significantly predict livelihood diversification and intensification during the COVID-19 pandemic. Additionally, the financial, social and physical asset base of households significantly shaped livelihood diversification. Diversification into fuelwood collection, medicinal plants extraction and beekeeping were the strategies that showed a significant positive correlation with the well-being outcomes of forest-based households. While this paper provides fresh evidence to inform the vulnerability dimension of the sustainable livelihoods framework, it further calls for policy interventions to build pandemic-resilient livelihood strategies around forest communities.