AfDB to support Ghana-Cote D’Ivoire Cocoa with $1.2b

The African Development Bank-AfDB will this year inject 1.2 billion dollars into Ghana and Cote d’Ivoire’s Cocoa sectors. This was disclosed by the President of the African Development Bank Mr. Akinwumi Adesina, when he held talks with President Akufo-Addo at the Flagstaff House in Accra. Mr. Adesina, said the initiative aims to add value to cocoa beans and establish a cocoa stabilisation fund to cushion the two countries against price fluctuations on the world market.