The Produce Buying Company (PBC) has secured a GH₵30 million financing facility backed by credited cocoa stock to enable prompt payments to cocoa farmers, according to a company statement. The move addresses ongoing liquidity challenges within Ghana's cocoa sector.
PBC, a major cocoa purchasing company in Ghana, stated that the facility will help clear outstanding debts owed to farmers for the 2025/2026 crop season. The company emphasized the importance of timely payments to maintain farmer confidence and stabilize the supply chain.
Ghana's cocoa sector has faced financial strain due to global price fluctuations and domestic production challenges. The Ghana Cocoa Board (COCOBOD) has been implementing measures to support farmers, including input subsidies and price stabilization programs.
Industry analysts note that prompt payment to farmers is critical for sustaining cocoa production, which is a key driver of Ghana's economy. The PBC facility is expected to benefit thousands of smallholder farmers across major cocoa-growing regions.
