Cocobod to take increase for record PXF

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04 August 2010

Ghana Cocoa Board (Cocobod) raises record level of commitments for annual pre-export finance.

Ghana Cocoa Board (Cocobod) has raised a record level of commitments for its annual pre-export finance and despite some scale back looks likely to increase the loan from its initial target amount of $1.2 billion.

The 10-month loan launched at the end of May and “exceeded expectations” according to bankers by raising just over $1.8 billion, a new record for the borrower.

Cocobod’s previous record was set last year when it raised $1.8 billion...

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