COCOBOD SIGNS $1.13 BILLION SYNDICATED LOAN FOR 2022-2023 COCOA SEASON
Ghana’s Cocoa regulator, COCOBOD, has agreed on a $1.13 billion syndicated loan to fund their Cocoa purchases for the 2022-2023 Cocoa season, which began October 7th. Every year Ghana’s Cocoa purchases, mainly beans, are financed by loans from international banks. The leading banks involved with the loan include Cooperative Rabobank, the Industrial and Commercial Bank …
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