Drought but no doubt: Cocobod seals PXF with 36% oversubscription

Region:

Middle East & Africa

Callum Burroughs

Reporter

Despite a crop-damaging drought and fears about production levels, the Ghana Cocoa Board (Cocobod) has refinanced its annual PXF in a vastly oversubscribed facility. The deal is set to finance the 2016/17 harvest and remains one of Sub-Saharan Africa’s largest commodity finance deals.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Uzbekistan fires energy ambitions with CCGT upgrades

Perspective

03 October 2025

Uzbekistan fires energy ambitions with CCGT upgrades

Uzbekistan’s growing energy market provides plenty of opportunities for infrastructure development, and ECAs are showing enthusiasm. Gas remains essential to its ecosystem,...

Green shoots for green hydrogen as EIFO backs UK production

Perspective

10 October 2025

Green shoots for green hydrogen as EIFO backs UK production

The outlook for the green hydrogen market has been challenged in recent years despite positive rhetoric from industry stakeholders. A consistent financing pipeline is yet to...

Must See

Video

26 September 2025

Exiled: Madiha Aslam, Innovo

Today’s Exile is Madiha Aslam, Director and Head of Structured Finance At Innovo Group. Madiha admires people who forge their own path, drawing on their experience without being restricted by what’s gone before.

Perspective

03 October 2025

Uzbekistan fires energy ambitions with CCGT upgrades

Uzbekistan’s growing energy market provides plenty of opportunities for infrastructure development, and ECAs are showing enthusiasm. Gas remains essential to its ecosystem, but Uzbekistan’s ambitions in hydrogen have helped to offset any concerns over long-term fossil fuel financing.

Perspective

10 October 2025

Green shoots for green hydrogen as EIFO backs UK production

The outlook for the green hydrogen market has been challenged in recent years despite positive rhetoric from industry stakeholders. A consistent financing pipeline is yet to materialise, most notably within the export finance market. EIFO has changed the narrative with a deal for UK production, but the roadmap to commercial bankability is long and complex.