Tag: syndicated loan
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Banks have not held back support for 2020/2021 syndicated loan – COCOBOD clarifies
The Chief Executive of Ghana COCOBOD, Joseph Boahen Aidoo, has described as false media reports suggesting that banks have refused to finance a 1.3 billion dollar syndicated loan for the 2020/2021 crop season. Media reports in recent times said investors have withdrawn from financing COCOBOD due to the COVID-19 pandemic. But reacting to the reports…
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Army worm invasion will not reduce cocoa output – COCOBOD
The Ghana COCOBOD has ruled out any significant impact of the army worm infestation on the output for cocoa for the 2016/2017 crop season. COCOBOD explains to Citi Business News it has managed the situation to prevent a widespread infestation. The Public Affairs Manager of COCOBOD, Noah Amenyah however admitted that the pests have affected…