Ghana struggles to fund 2026/27 cocoa season amid debt and rising rates
Ghana is struggling to raise money domestically to finance cocoa purchases for the 2026/27 season, with licensed buyers warning that GH¢4 billion in unpaid debts could prevent them from buying beans from farmers. Local institutional investors are demanding higher risk premiums and coupon rates; syndicated international funding has dried up since Ghana's 2022 economic crisis and 2023 debt exchange.
2 hours ago · Joy Online →