Business in Ghana

Ghana Cocoa Board to sign trade finance loan with 31 local and international banks


The Ghana Cocoa Board will on Wednesday September 12 sign the receivable backed trade finance loan for the 2012/2013 cocoa season.



The facility which will be spearheaded by 31 local and international banks was preceded by a groundbreaking ceremony on Tuesday for the construction of a six unit classroom block at Ofoase in the Agona West District of the Central Region.


Speaking to Gold Business Report ahead of the signing ceremony, Public Affairs Manager at the Ghana Cocoa Board, Noah Amenya said the international banks believe in the credentials of Cocoa Board which is to deliver on its policies and programes, hence the signing of the trade finance loan.


He also expressed enthusiasm over how the agreement will boost the activities of the Cocoa Board both locally and internationally.


Source: Gold Business Report || Henry George Martinson