Africa Business Ghana West Africa World 

Ghana signs $600mln cocoa deal with Credit Suisse

Ghana has signed a $600 million deal with Credit Suisse for the improvement of current state of processing and value addition for its cocoa. The deal was signed on the sideline of the 2019 Africa Investment Forum in South Africa. The $600 million will cover a 7 year period and would go into helping to upskill farmers, develop warehousing, and upscale in-country processing of Cocoa. This deal was tabled last year for Ghana’s cocoa regulator COCOBOD but has now reached financial close stage. Ghana is only able to process 34…

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Africa Business Ghana South Africa West Africa World 

Ghana secures $2.6bn deal for SkyTrain project

Ghana on Monday signed a concession deal with South African-based African Investment SkyTrain consortium to develop its train system. The deal is meant to cover a project called the Accra SkyTrain Project. A memorandum of understanding was signed last year. On the sidelines of the ongoing African Investment Forum in Johannesburg, officials from Ghana and the South African based consortium finalized a deal for the project which will cost $2.6 billion. The deal was signed by Ghana’s Railways Development Minister, Mr Joe Ghartey and Mr Hubert Danso, Director of AI…

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