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Ghana's Cocoa Sector Gets Sweet Shot in Arm

The African Development Bank, Credit Suisse AG, the Industrial and Commercial Bank of China Limited and Ghana Cocoa Board has signed a U.S.$600 million loan to boost cocoa productivity in Ghana, the world's second-largest cocoa producer.

Ghana: Ghana to Seal U.S.$600 Million Cocoa Loan

This Day, 13 November 2019

Ghana's cocoa regulator will this week finalise a $600 million loan to finance new warehouses, rehabilitate plantations and support the processing sector, officials said on Monday. Read more »

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cocoa products (file photo)

Ghana: Ghana Sells 200,000 Tonnes of Cocoa With Farmer Premium

Ghanaian Times, 14 November 2019

Ghana has sold nearly 200,000 tonnes of cocoa for the 2020/21 season, with prices including a new premium to support farmers, the head of the cocoa regulator told Reuters. Read more »
Africa: Africa Investment Forum 2019: Unveiling the Boardroom: $67.6 Billion Dollars of Deals Tabled, $40.1 Billion Investor Interest Secured

African Development Bank, 13 November 2019

Africa is winning…Africa is bankable- African Development Bank President Akinwumi Adesina Read more »
Ghana: AfDB, Others Sign U.S.$600 Million Loan for Cocoa Production

Daily Trust, 13 November 2019

The African Development Bank (AfDB), Credit Suisse AG, the Industrial and Commercial Bank of China Limited and Ghana Cocoa Board (COCOBOD) Tuesday signed a $600 million syndicated… Read more »
Ghana: Financing Cocoa Productivity - Cocobod Bags U.S.$600 Million Loan Facility... From AfDB, Credit Suisse Group AG

Ghanaian Times, 13 November 2019

Cocobod has received a $600 million syndicated loan facility from the African Development Bank (AfDB) and Credit Suisse Group AG to finance its productivity programmes. Read more »

InFocus

Ghana, Cote d'Ivoire Join Forces on World Cocoa Pricing Regime

Ghana President Akufo-Addo has said that he and his Ivorian counterpart President Ouattara have decided to work together to address the impact of international pricing of cocoa on ... Read more »
- Africa: Ghana, Cote d'Ivoire Move to Address Unfavorable Cocoa Pricing Regime
- West Africa: Is Your Chocolate Bar Fuelling Deforestation in West Africa?
Breakthrough for Ghana's Cocoa Farmers

Ccocoa farmers in Ghana have obtained official ownership of valuable timber trees on their farms. Supporting the effort to make this happen was an international consortium ... Read more »
- Ghana: Farmers Granted First-Time Ownership of Timber Trees
- Ghana: Ghana to Add Value to Cocoa, Gold Within Five Years - Veep
Rising Cocoa Prices May Bring End to Child Labour in Ghana

With Ghana having a high volume of cocoa beans to trade with the world, the higher price for the commodity could see poor farmers able to employ labourers to assist them. Read more »
- West Africa: Ghana, Côte d'Ivoire Cocoa Floor Price Seen As Small Step Toward Ending Child Labour
- Ghana: A Sweet Deal? Study Shows Higher Cocoa Prices Could End Child Labour

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