Connect with us

Foreign

Ghana raises $1.1bn for new season cocoa purchases

Published

on

 Ghana the world s second largest cocoa producer has raised 1 1 billion U S dollars in a syndicated financial facility for cocoa purchases in the 20222023 cocoa season In a statement the Ghana Cocoa Board COCOBOD the country s cocoa industry regulator said the financing would assist it in meeting its financing needs for the 20222023 cocoa crop and other cocoa related operations The syndicating financial institutions include Rabobank Industrial and Commercial Bank of China Standard Chartered Bank and some others the statement said The world s second largest producer of cocoa beans provides about 20 per cent of the global cocoa supply The product is the West African country s second largest export revenue generator after gold It is also one of the largest employment generating sectors with around 800 000 families whose livelihoods depend on the cash crop NewsSourceCredit NAN
Ghana raises  Ghana the world s second largest cocoa producer has raised 1 1 billion U S dollars in a syndicated financial facility for cocoa purchases in the 20222023 cocoa season In a statement the Ghana Cocoa Board COCOBOD the country s cocoa industry regulator said the financing would assist it in meeting its financing needs for the 20222023 cocoa crop and other cocoa related operations The syndicating financial institutions include Rabobank Industrial and Commercial Bank of China Standard Chartered Bank and some others the statement said The world s second largest producer of cocoa beans provides about 20 per cent of the global cocoa supply The product is the West African country s second largest export revenue generator after gold It is also one of the largest employment generating sectors with around 800 000 families whose livelihoods depend on the cash crop NewsSourceCredit NAN .1bn for new season cocoa purchases

Ghana, the world’s second-largest cocoa producer, has raised 1.1 billion U.

best blogger outreach companies latest nigerian breaking news

S. dollars in a syndicated financial facility for cocoa purchases in the 20222023 cocoa season.

latest nigerian breaking news

Ghana Cocoa Board

In a statement, the Ghana Cocoa Board (COCOBOD), the country’s cocoa industry regulator, said the financing would assist it in meeting its financing needs for the 20222023 cocoa crop and other cocoa-related operations.

latest nigerian breaking news

Industrial and Commercial Bank

The syndicating financial institutions include Rabobank, Industrial and Commercial Bank of China, Standard Chartered Bank, and some others, the statement said.

The world’s second-largest producer of cocoa beans, provides about 20 per cent of the global cocoa supply.

West African

The product is the West African country’s second-largest export revenue generator, after gold.

It is also one of the largest employment generating sectors, with around 800,000 families whose livelihoods depend on the cash crop. 

NewsSourceCredit: NAN

9jabet legits hausa link shortner bitly Imgur downloader

NNN is an online Nigerian news portal that publishes breaking news in Nigeria and the world.Contacti: editor @ nnn.ng. Disclaimer.