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COCOBOD dismisses claims of international market exclusion, defends $1.4bn domestic financing shift

By GhanaSummary Newsroom1 min read
COCOBOD dismisses claims of international market exclusion, defends $1.4bn domestic financing shift

4 billion from domestic investors to finance cocoa purchases for the 2026/2027 season is because it has been shut out of the international market.3 billion, marks a shift from COCOBOD’s traditional reliance on international borrowing to pre-finance cocoa purchases.

He said COCOBOD therefore decided to reduce its dependence on international financing and explore domestic sources to fund cocoa purchases.

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