• Latest
  • Trending
Finance Minister contradicts COCOBOD, confirms external funding for 2024/2025 cocoa season

Finance Minister contradicts COCOBOD, confirms external funding for 2024/2025 cocoa season

August 29, 2024
Ahiagbah raises alarm over Chief Justice removal effort

Ahiagbah raises alarm over Chief Justice removal effort

June 28, 2025
Shea Expo 2025 to Spotlight Ghana’s Rural Industrialisation Drive — Dr. Otokunor

Shea Expo 2025 to Spotlight Ghana’s Rural Industrialisation Drive — Dr. Otokunor

June 28, 2025
OSP Director Advocates for Independent Oversight of Political Party Funding

OSP Director Advocates for Independent Oversight of Political Party Funding

June 28, 2025
NADMO to launch nationwide audit of ageing building

NADMO to launch nationwide audit of ageing buildings

June 28, 2025
One dead at Nkwanta Senior High School following resurgence of tribal violence; GES orders closure of school

One dead at Nkwanta Senior High School following resurgence of tribal violence; GES orders closure of school

June 28, 2025
Misconceptions are winning the argument against the cause of vandalism-Greater Accra Vice President of Old Vandals Association

Misconceptions are winning the argument against the cause of vandalism-Greater Accra Vice President of Old Vandals Association

June 28, 2025
Old Vandals Jamboree postponed to 4th of July, 2025.

Old Vandals Jamboree postponed to 4th of July, 2025.

June 27, 2025
ECG will collapse if we don’t adjust the tariffs to pay debt- Majority Leader

ECG will collapse if we don’t adjust the tariffs to pay debt- Majority Leader

June 27, 2025
Ahiafor launches Parliamentary Friendship Association of ninth parliament

Ahiafor launches Parliamentary Friendship Association of ninth parliament

June 27, 2025
KNMP commends the Government of Ghana for restoring Founder's Day

KNMP commends the Government of Ghana for restoring Founder’s Day

June 27, 2025
Vice President Calls for Urgent Investment in Drug Abuse Prevention

Vice President calls for urgent investment in drug abuse prevention

June 27, 2025
Manhyia MP Slams Asiedu Nketia Over EC Attacks

Manhyia MP slams Asiedu Nketia over EC attacks

June 27, 2025
Happy Ghana
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News

Finance Minister contradicts COCOBOD, confirms external funding for 2024/2025 cocoa season

in News, Top Story
Finance Minister contradicts COCOBOD, confirms external funding for 2024/2025 cocoa season

Finance Minister contradicts COCOBOD, confirms external funding for 2024/2025 cocoa season

Share on FacebookShare on TwitterShare on Whatsapp

Finance Minister Dr. Mohammed Amin Adam has contradicted recent claims by the Ghana Cocoa Board (COCOBOD) regarding it’s funding strategy for the upcoming 2024/2025 cocoa crop season.

During the monthly economic update in Accra on Thursday, August 29, 2024, Dr. Adam clarified that the government will indeed seek external funding to support the cocoa sector, despite COCOBOD’s earlier statements suggesting otherwise.

“I want to take this opportunity to clarify that as part of measures to improve the financial viability of COCOBOD, the government for the 2024/2025 crop season will be sourcing funds through the syndication process and other alternative sources,” he said.

COCOBOD had previously announced plans to transition to a self-financing model for the 2024/2025 season, which begins in September 2024.

According to COCOBOD’s CEO, Joseph Boahen Aidoo, this move was expected to save approximately $150 million.

However, Dr. Adam emphasized that the government will instead rely on syndicated loans and other financial instruments to secure the necessary funds for the season.

Tags: Dr. Mohammed Amin AdamGhana Cocoa Board

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Political Analyst Condemns Dr. Bawumia’s upgrade policy as a solution to Ghana’s problem

Next Post

2025 AFCON Qualifier: Ghana will play Niger in Morocco– Henry Asante Twum

Next Post
Youthfulness in Black Stars squad will yield results soon – Ghana Legend Willie Brown

2025 AFCON Qualifier: Ghana will play Niger in Morocco– Henry Asante Twum

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • Ahiagbah raises alarm over Chief Justice removal effort
  • Shea Expo 2025 to Spotlight Ghana’s Rural Industrialisation Drive — Dr. Otokunor
  • OSP Director Advocates for Independent Oversight of Political Party Funding
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.