Tag Archives: COCOBOD

COCOBOD to scrap scholarship scheme

The Ghana Cocoa Board (COCOBOD) plans to channel funds, set aside for its Farmers Scholarship Trust for beneficiaries entering senior high schools (SHS), into developing school infrastructure for needy communities. For almost 50 years, the COCOBOD, through its scholarship scheme, has provided scholarship for children of cocoa farmers in SHS, …

Read More »

Citizen Watch commends gov’t for swift action on farmgate price for cocoa

Citizen Watch, one of the leading think tank groups in the country, has commended Nana Addo Dankwa Akufo-Addo’s government for reviewing the farmgate price for cocoa farmers. The government has agreed to pay $1,820 (GHC9,800) per tonne to Ghanaian cocoa farmers which represent 70% of the floor price of $2,600 …

Read More »

COCOBOD to sign $1.5b loan syndication agreement next month

COCOBOD is set to sign its annual cocoa loan syndication deal with some 20 French banks in September 2019. This was after it secured Parliament’s approval to borrow up to $1.5 billion to aid cocoa purchases for the 2019/2020 crop season. Details of the deal Joy Business understands that COCOBOD …

Read More »