Ghana’s Cocoa Regulator Secures $288 Million to Boost Farmer Purchases

Ghana’s cocoa regulator, the Ghana Cocoa Board (COCOBOD), has secured 3.39 billion Ghanaian cedis ($288.02 million) through a short-term domestic debt issuance to strengthen funding for cocoa purchases from farmers during the new crop season. Funding to Support Cocoa Purchases The debt was issued on Monday at an 11% interest rate and is due to […]

More Sunshine Needed To Boost Ivory Coast's Cocoa Harvest 

More Sunshine Needed To Boost Ivory Coast’s Cocoa Harvest 

Farmers across Ivory Coast, the world’s largest cocoa producer, say more sunshine is needed in the country’s key cocoa growing regions to support the development of the upcoming main crop. According to growers, below average rainfall and cooler than normal temperatures last week have slowed crop development ahead of the September to February harvest season. […]