The Produce Buying Company (PBC) Limited has revealed that it has secured a financing facility backed by 30 million credited cocoa stocks to pay farmers.
The move comes at a time when several Licensed Buying Companies (LBCs) continue to battle severe cash constraints and delayed payments to cocoa farmers, raising tensions across Ghana’s cocoa supply chain.
Speaking at the signing of a Memorandum of Understanding between PBC and the Ghana National Cocoa Farmers Association (GNACOFA), the Deputy Managing Director in charge of Finance, Thomas Ayisi, described the facility as a critical step in restoring trust among farmers and repositioning the company after years of financial strain.
“This particular act of paying for farmers’ credited stocks is going to restore credibility and rebuild the trust at the grassroots, the very foundation of our sector. This happened because of the support of the Ghana National Cocoa Farmers Association.
“This GNACOFA-backed facility which was supported by 30 million credited stocks is proof that PBC is not merely surviving but actively restructuring,” he said.
![Former Chief of Staff Frema Osei-Opare [right]](https://www.citinewsroom.com/wp-content/uploads/2026/07/FREMA--350x250.jpeg)
