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Tag Archives: COCOBOD

Ghana Deploys Automated Drip Irrigation to Boost Cocoa Production

Cocoa production in Ghana is expected to increase with the completion of an automated drip irrigation schemes. The 28.3 hectares Automated Drip Irrigation Schemes were developed by the Mennonite Economic Development Associates (MEDA). The Project was funded by the Global Affairs Canada (GAC), a Canadian Government Agency, at the cost …

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Ghana to Borrow US$1.3billion for Cocoa Farming

Ghanaian Parliament on Wednesday approved a syndicated loan amount of US$1.3 billion to finance the purchase of cocoa for the 2020/2021 crop season by the Ghana Cocoa Board. The amount represents a Trade Finance Facility between the Ghana Cocoa Board and a Consortium of Banks and Financial Institutions. The House …

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Ghanaian Cocoa Farmers Celebrate $200million Loan

Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of $200 million of a syndicated loan facility to boost cocoa productivity in the world’s second-largest producer. The occasion was marked by a ceremony held in Accra, Ghana on Tuesday 23 June, followed online by hundreds of observers across the …

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