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Ghana Cocobod needs $400mn to finance rest of cocoa season

  ABIDJAN: Ghana's Cocobod requires around $400 million in bridge financing from the central bank to cover its o
Published April 25, 2017 Updated April 25, 2017 01:38pm

 

Joseph Boahen Aidoo said much of the missing loan money had gone to road construction contracts ahead of a presidential election last year. He said Cocobod will pay back the Bank of Ghana before the next season opens in October.

 

Copyright Reuters, 2017