COCOBOD Raises GH¢3.39 Billion to Boost Cocoa Purchases
The first tranche is part of a 16.3 billion-cedi domestic financing plan after COCOBOD’s international borrowing model collapsed.
6 Articles
6 Articles
The world’s second-largest cocoa producer is facing a cash crunch as Ghana’s cocoa regulator raises $288 million to keep farmers selling
Ghana’s cocoa regulator has raised 3.39 billion cedis ($288 million) through a short-term domestic debt sale, giving it fresh funding to resume payments to cocoa buyers and support purchases from farmers during the new season.
Africa: Same Cocoa Crash, Opposite Answers - What Ghana and Côte d'Ivoire Reveal About Power in Global Trade
Analysis - The world's two biggest cocoa producers faced the same price collapse this year and made opposite choices. The reason is not economics alone. It is who holds power in each cocoa sector -- a lesson aid and trade partners keep missing.
COCOBOD raises GH¢3.39 billion to boost cocoa purchases
By Marcella Mwinkoma Babing The Ghana Cocoa Board (COCOBOD) has raised GH¢3.39 billion, equivalent to approximately US$288 million, through a short-term domestic debt issuance to support cocoa purchases from farmers during the 2026/2027 crop season. The funds were secured through Cocoa Capital PLC, a special-purpose vehicle established by COCOBOD to mobilise financing for the cocoa […]
Ghana falls $52m short as COCOBOD raises $288m for cocoa buying - TV360 Nigeria
11% debt will mature in June 2027 as cash-strapped cocoa sector turns to domestic financing….. Ghana’s cocoa regulator has raised 3.39 billion cedis, equivalent to about $288.02 million, through a short-term domestic debt issuance to finance cocoa purchases from farmers as the new crop season gets underway. The amount raised by the Ghana Cocoa Board, …
At the announcement, on 25 September, by Ransford Anertey Abbey, "Randy Abbey", the boss of the Ghana Cocoa Board (Cocobod), of the official price of 42,400 cedis ($3,590) per ton of cocoa paid to Ghanaian peasant, the actors of the sector in Accra [...]
Ghana/Ivory Coast • Accra and Abidjan go separate ways on cocoa as crucial EU regulation looms
Cocoa industry players in Accra and Abidjan quickly got out their calculators when Ransford Anertey Abbey, known as "Randy Abbey", head of the Ghana Cocoa Board (Cocobod), announced on 25 September an official price of 42,400 cedis ($3,590) per tonne [...]
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