A $600m Loan to Boost Cocoa Productivity in Ghana

Ghanaian President, Nana Addo Dankwa Akufo-Addo, the President of AfDB Dr. Akinwumi A. Adesina, senior officials from Credit Suisse and ICBC, oversaw the signing of the facility, at a ceremony held at the 2019 Africa Investment Forum (AIF). At a press conference following the signing, President Akufo-Addo said the agreement would help to ensure higher incomes for Ghana’s cocoa farmers. The government has been looking for a mechanism to scale up the value chain of farmers, and that’s how AfDB came into place.

SOURCE: VENTURES AFRICA

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