Ghana's cocoa supply chain receives investment from the International Finance Corporation

       According to a report by Ghana's "City News" website on January 20th. The Ghanaian cocoa industry is going through one of the most challenging periods in years. The International Finance Corporation (IFC) said that it has stepped in to fill a critical financing gap threatening the cocoa supply chain and plans to inject $300 million to keep qualified purchasing companies and farmers afloat. Ghana is the world's second-largest cocoa bean producer, and the transportation of its cocoa beans from farms to export markets heavily relies on a closely linked financing structure. However, the disruption of this financing channel, combined with challenges on the production side, has intensified the liquidity pressure across the entire value chain. To stabilize the system, the IFC said that it has been working closely with local banks, regulators, the Bank of Ghana, and the Ministry of Finance to provide funds in the local currency to maintain operations. According to the IFC, it has provided over $100 million in funds, and the total support this year could reach $300 million, aiming to ensure the normal operation of the cocoa supply chain. (Economic and Commercial Office of the Embassy of the People's Republic of China in the Republic of Ghana)