- COCOBOD to fund cocoa purchases domestically for the first time in over three decades
- Decision aims to save over $150 million in interest payments and stabilize the sector
Accra, Ghana – The Ghana Cocoa Board (COCOBOD) has announced a significant shift in its funding strategy, ending a 32-year practice of securing financing from international financial markets. Beginning with the 2024/25 crop season in September, COCOBOD will source funds domestically to purchase cocoa from farmers.
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