Banks court Cocobod for pre-export financing

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22 January 2010

Banks have been approaching state-owned cocoa board Ghana Cocobod as they discuss the cocoa producer’s perennial pre-export financing.

Banks have been approaching Ghanaian state-owned cocoa board Ghana Cocobod as they discuss the cocoa producer’s perennial pre-export financing.

The deal is still in its earliest stages. Rumours abound that an RFP is being discussed but given the number of banks already interested some market insiders wonder if Cocobod may be tempted to bypass this process.

The deal has become a...

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