Tag: Syndicated Loans
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Economist Praises COCOBOD’s Shift to Local Financing
Ghana's cocoa purchasing authority has transformed its financing model away from foreign syndicated loans, earning praise from economists who see the change as beneficial...
Afreximbank Leads Landmark US$1.35bn Refinery Financing for Dangote
The African Export-Import Bank (Afreximbank) has secured a $1.35 billion syndicated facility for Nigeria’s Dangote Petroleum Refinery Africa’s largest industrial project as part of...
IEA Research Director Supports COCOBOD’s Shift from Syndicated Loans
Dr. John Kwakye, Director of Research at the Institute of Economic Affairs (IEA), has endorsed the Ghana Cocoa Board's (COCOBOD) decision to abandon syndicated...
Ghana’s Reliance on Syndicated Loans for Cocoa Purchases Sparks Urgent Calls for Financial Independence
The once-celebrated cocoa producer, Ghana, finds itself mired in a troubling dependence on syndicated loans to purchase cocoa from its hard working farmers. The...
