Which buyer will take your cocoa at $5,400 when the crop is available elsewhere for $4,100? – Randy Abbey

Chief Executive Officer of the Ghana Cocoa Board, Dr Randy Abbey, says Ghana’s cocoa sector is grappling with deep financial challenges rooted in rollover contracts, delayed syndicated loans and a buyer-funded model that has strained payments to farmers. According to him, for the first time in COCOBOD’s history, funds from the syndicated loan arrived “four […] Read Full Story