The new alcoholic beverage features wormwood, gentian and bitter orange, excludes caffeine, kola nuts and guarana, and targets consumers seeking herbal bittersweet flavours.
The government plans to leverage more than 500,000 tonnes of installed grinding capacity to expand processed cocoa exports amid declining global prices and production challenges.
The fundraising is part of a GH¢16.3 billion domestic cocoa financing programme aimed at supporting purchases and refinancing COCOBOD’s legacy debt.
Ghana’s higher farmgate price is supporting cocoa markets as traders assess cross-border smuggling risks, disease, weather threats and weaker production forecasts across West Africa.
COCOBOD has raised the cocoa producer price by GH¢1,008 per tonne as Ghana introduces a new pricing and financing framework for the sector.