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flag Ghana's cocoa sector faces collapse as local buyers lack financing for the upcoming season.

flag The Acting CEO of Ghana Cocoa Board (Cocobod) warns that local cocoa buying companies could go extinct due to a lack of financing. flag The board has not secured a syndicated loan for the upcoming cocoa season, leaving local firms without the funds needed to buy cocoa beans. flag Dr. Randy Anerley Abbey proposes using a portion of the Bank of Ghana’s Cash Reserve Ratio to support these companies.

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