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Tag Archives: Ray Ankrah

Cocobod Borrows ¢11.7 Billion To Finance Cocoa Purchases; Production Exceeds Target

Ghana Cocoa Board has sold a record ¢11.7 billion ($2 billion) of six months cocoa bills between January and May 2021 to finance cocoa purchases. The cocoa regulator normally borrows from abroad to fund cocoa beans purchases. But indications are that the 2020/21 production has exceeded target, stretching the $1.3 …

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