Cocoa buyers unable to secure seasonal financing due to unpaid debts blocking access to working capital

Licensed cocoa buyers in Ghana face a critical cash flow crisis where GH¢4 billion in outstanding debts prevents them from accessing domestic financing needed to purchase beans for the upcoming season. Banks and investors are demanding higher returns due to perceived risk, making it nearly impossible for buyers to raise the $350 million required for seasonal operations. Without immediate working capital solutions, buyers cannot fulfill farmer contracts, disrupting the entire supply chain.