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Tag Archives: COCOBOD

Cocobod Secures $200 Million from Cocoa Traders to Navigate Funding Delay in 2023/24 Season

Ghana’s Cocobod has reportedly secured a financial boost of $150 million to $200 million from cocoa traders to cover the funding gap caused by delays in obtaining a bank loan for bean purchases in the 2023/24 season. Typically, the industry regulator secures an international syndicated loan every September to finance …

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CEO of COCOBOD Has Written an Open Letter to Mahama Over Comments on Prices of Cocoa

The Ghana Cocoa Board (COCOBOD) has strongly criticized former President John Dramani Mahama for his criticism of the government’s decision to raise the price of a cocoa bag to GH₵1,300. Mahama had called the government “insensitive” to farmers’ concerns, arguing that the increase was insufficient. In a statement issued on …

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