Ghana's cocoa crisis deepens as buyers owe banks $750 Million
Ghana's licensed cocoa buyers are staggering under up to $750 million in debt to banks, the Licensed Cocoa Buyers Association revealed Thursday, as delayed payments from regulator Cocobod and falling global prices squeeze the sector supplying half the world's cocoa.
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Ghana's licensed cocoa buyers are staggering under up to $750 million in debt to banks, the Licensed Cocoa Buyers Association revealed Thursday, as delayed payments from regulator Cocobod and falling global prices squeeze the sector supplying half the world's cocoa.
READ MORE : http://www.africanews.com/2026/02/26/ghanas-cocoa-crisis-deepens-as-buyers-owe-banks-750-million
Subscribe on our Youtube channel https://www.youtube.com/c/africanews?sub_confirmation=1 and receive all the latest news from the continent.
Africanews is available in English and French.
Website : www.africanews.com
Facebook : https://www.facebook.com/africanews.channel/
Twitter : https://twitter.com/africanews
#AfNews
- Category
- Ghana
- Tags
- Cocoa, Ghana, Ivory Coast
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