Ghana Cocoa Board formally signs annual pre-export financing for $1.8 billion

Region:

Middle East & Africa

Jonathan Bell

Ghana Cocoa Board (Cocobod) has today formally signed its annual pre-export receivables backed trade finance facility for a total amount of $1.8 billion. This was the initial amount underwritten and despite heavy oversubscription during general syndication Cocobod has decided not to take any increase.

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