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COCOBOD raises GH¢3.39bn at 11% in first Commercial Paper tranche

By GhanaSummary Newsroom1 min read
COCOBOD raises GH¢3.39bn at 11% in first Commercial Paper tranche

Of the total financing target, GH¢14 billion will be raised through Commercial Papers to meet short-term liquidity requirements for cocoa purchases during the 2026/27 crop season.

The move gives COCOBOD a dedicated vehicle for accessing the domestic capital market and raising funds under the Cocoa Notes Programme.

How the Funds Will Be Secured Repayment obligations under the programme will be supported by receivables from selected executed cocoa forward sales contracts assigned to Cocoa Capital PLC.

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