1d ago•4 min read
US$1billion cocoa financing plan to deepen domestic bond market - BoG
Summary
The Bank of Ghana is planning a major shift in cocoa financing - but what does it mean for the local economy?
The Bank of Ghana (BoG) is planning a new cocoa financing model. It involves raising $1 billion from the local bond market to finance cocoa purchases for the 2026/2027 crop season - part of efforts to strengthen the cocoa financing system. The proposed funding model comes amid efforts to revive the cocoa sector - but what impact will it have?