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COCOBOD made GH₵2bn profit in 2022/2023 – CEO

The Chief Executive Officer of Cocoa Board (Cocobod), Joseph Boahen Aidoo, has revealed that his outfit has made a significant profit of over GH₵2 billion for the 2022/2023 fiscal year. Speaking on Joy FM’s Super Morning Show, Mr Aidoo said despite the financial challenges he faced when he assumed office, …

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Cocobod will borrow up to $1.5bn for 2024-25 cocoa purchases, sources say

  Ghana’s cocoa regulator will borrow up to $1.5 billion by September to finance 2024/25 cocoa purchases and compensate for low output, two COCOBOD sources with knowledge of the arrangement said on Sunday. The world’s second-largest cocoa producer after neighbouring Ivory Coast uses an annual syndicated loan to finance bean …

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