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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.

Summary by GBC Ghana Online
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 […]

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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 [...]

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allAfrica broke the news in Washington, United States on Thursday, October 8, 2026.
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