BoG Backs IFC–Access Bank US$134 Million Injection into Cocoa Value Chain

On January 24, 2026, Ghana’s cocoa sector received a significant financing boost following the signing of a US$134 million risk sharing arrangement between Access Bank Ghana PLC and the International Finance Corporation. The initiative is aimed at strengthening liquidity across the cocoa value chain, with a particular focus on Licensed Buying Companies, which play a central role in domestic cocoa purchasing. Speaking at the signing ceremony in Accra, the Second Deputy Governor of the Bank of Ghana, Matilda Asante Asiedu, described the scheme as a strategic intervention to support the backbone of Ghana’s cocoa system. She emphasized that ensuring the liquidity of Licensed Buying Companies is a national economic priority, as their stability safeguards rural livelihoods, strengthens export earnings, and supports exchange rate resilience. She further noted that the partnership aligns with Ghana’s broader development priorities, including financial inclusion, private sector participation, and economic diversification. The initiative also reflects Ghana’s improving macroeconomic conditions, supported by prudent monetary and fiscal management.