COCOA TRADE 2024 Q1-Q2

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Commodity Name: Cocoa Trade

Description: Cocoa, is popularly known as the main component of Chocolate. It has the botanical name Theobroma cacao and is widely consumed across the world as chocolate bars or drinks. Did you know that Ghana and Côte d’Ivoire produce 60 -70% of the world's Cocoa? That means 60 - 70% of the chocolate you eat or drink is coming from Ghana where Grow For Me is headquartered. Now you have a wonderful opportunity to pay farmers well for the cocoa they produced, by participating in cocoa trades on Grow For Me. When you finance a cocoa trade, the money is used to purchase cocoa from farmers through the Ghana Cocoa Board (GCB). The GCB works with primary dealers to raise the needed money for purchasing cocoa from farmers. One of such amazing dealers is Obsidian Achernar (OA). We work with OA to fund the GCB with the needed money through the purchase of cocoa bonds via OB issued by the Bank of Ghana regularly. This is a government of Ghana guarantee bond and has successfully operated for the past nineteen (19) years. The bonds we purchase run for six (6) months. Now for the first time in history, you will be able to change the narrative of Africa not being able to fund its own, feed its own and buy its own. By playing an active role in cocoa trading in Ghana and Africa. Buy your first cocoa bag on www.growforme.com or dial *800*008# Read more about Cocoa Board here: https://cocobod.gh/news/cocoa-producer-price-goes-up-28-from-gh515-to-gh660-per-bag

Cost per Unit: GHȼ1309

Operational Charge: 0%

Estimated Revenue per Unit: 7.31% - 21.98%

Duration: 30th Nov 2023 - 30th May 2024

Business:


Trade a Commodity Now

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Contact:


: +1 38 532 73478

: +447 86 881 3772

: +233 24 243 6884

: sales@growforme.com

: Head Office: Agbogba Avenue, Haatso, Greater Accra, Ghana. GM-049-2052

: Kosmos Innovation Center, Nii Nortei Nyanchi St, Accra

: 30 N Orange Street Unit A-425, Salt Lake City, Utah, 84116, USA.

: No 10 Ga West Road, Near Happy Home Academy, Pokuase GW 0171-8598, Ghana.

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