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COCOBOD Disburses Funds Amid Farmers' Payment Concerns

3/5/2026

25 4 Full Breakdown

Summary

Story summary

COCOBOD disbursed 3.62 billion cedis to Licensed Buying Companies (LBCs) to settle debts dating back to November 2025.
Farmers and purchasing clerks report they have not received these payments, prompting concerns about how funds are being used.
Samuel Adimado, president of the Licensed Cocoa Buyers Association, says delays stem from many farmers and banks' debts, and urges buyers to prioritize payments to farmers once funds arrive.

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Story summary

COCOBOD disbursed 3.62 billion cedis to Licensed Buying Companies (LBCs) to settle debts dating back to November 2025.
Farmers and purchasing clerks report they have not received these payments, prompting concerns about how funds are being used.
Samuel Adimado, president of the Licensed Cocoa Buyers Association, says delays stem from many farmers and banks' debts, and urges buyers to prioritize payments to farmers once funds arrive.