Tag: Stephen Opuni
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Libor rate led to rise in interests on cocoa loan – COCOBOD
The Ghana Cocoa Board has attributed the over 23 percent increase in the all inclusive rate for this year’s cocoa syndicated loan, to a rise in the Libor rate during the period. Ghana on Wednesday [September 21, 2016], signed the 1.8 billion dollars loan facility for cocoa purchases for the 2016/2017 crop year. The all…