Business News of Thursday, 19 February 2026Source: www.ghanaweb.comThe Ghana Cocoa Board (COCOBOD) has so far paid Licensed Buying Companies (LBCs) a total of GH¢1.091 billion, Head of Corporate Communications Jerome Kwaku Sam has announced. As of Thursday, February 19, 2026, an additional GH¢854 million has been disbursed to the LBCs. “COCOBOD this morning, 19th Feb, 2026, has made payment of GH¢854m, bringing the total to GH¢1.091bn paid to LBCs,” Sam posted on Facebook. He noted that COCOBOD has had to rely on international buyers to finance cocoa purchases, with conditions requiring LBCs to pre-finance farmer payments before reimbursement. Under this arrangement, LBCs receive 80 percent of funds upfront to cover farmer payments and handling costs, while the remaining 20 percent is settled upon delivery to COCOBOD.

Source: GhanaWeb February 19, 2026 16:53 UTC