{"id":3067,"date":"2026-02-10T01:23:14","date_gmt":"2026-02-10T01:23:14","guid":{"rendered":"https:\/\/rendergh.net\/?p=3067"},"modified":"2026-02-10T01:23:14","modified_gmt":"2026-02-10T01:23:14","slug":"secure-funding-to-purchase-300000-tonnes-cocoa-buyers-association-to-govt","status":"publish","type":"post","link":"https:\/\/rendergh.net\/fr\/secure-funding-to-purchase-300000-tonnes-cocoa-buyers-association-to-govt\/","title":{"rendered":"Secure funding to purchase 300,000 tonnes cocoa – Buyers Association to govt"},"content":{"rendered":"

The Licensed Cocoa Buyers Association of Ghana (LICOBAG)<\/strong> has called on the government to urgently secure funding to pay for an estimated 300,000 tonnes of cocoa<\/strong> in phases between now and September<\/strong>, warning that failure to do so could deepen the crisis currently confronting the cocoa sector.<\/p>\n

Addressing the media in Accra last Thursday, the Executive Secretary of LICOBAG, Mr Victus Dzah<\/strong>, said any funds raised for cocoa purchases must be ring-fenced<\/strong> and used strictly for that purpose.<\/p>\n

\u201cWe suggest a review of the current funding model to a hybrid of the old system, where a syndicated facility\u2014local or international\u2014is secured to enable real-time payment for cocoa purchased and delivered to the ports by Licensed Buying Companies (LBCs),\u201d he said.<\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n