The renewed finance package is intended to help KKL meet its growing operational needs, particularly for purchasing cocoa beans during peak sourcing periods.

The licensed buying company, based in Ghana, is central to the country’s cocoa supply system and is largely owned by the Kuapa Kokoo Farmers Union (KKFU), one of the largest farmer cooperatives in West Africa, representing more than 100,000 certified cocoa producers.

KKL buys harvested cocoa from its farmer members and sells it to the Ghana Cocoa Board (COCOBOD) under regulated pricing arrangements for export to global markets.

Officials from both organisations highlighted the importance of this facility for smallholder producers and the broader value chain.

Sahel Capital partner Deji Adebusoye noted that Kuapa Kokoo exemplifies a farmer-owned enterprise that delivers meaningful economic benefits to cocoa growers, and that the renewed financing demonstrates confidence in KKL’s business model and its ability to maintain reliable market access for its members.

From KKL’s perspective, Managing Director Emmanuel Arthur said the additional funding will strengthen the company’s capacity to support farmers throughout the cocoa season, enabling efficient operations at scale.

This partnership, he added, ensures KKL can continue purchasing beans from its network without disruption.

SEFAA was established in 2021, with backing from KfW Development Bank, to channel structured funding to agricultural and social enterprises that link smallholder farmers to markets.

The fund primarily deploys debt financing, with ticket sizes up to $2.4 million, across sub-Saharan Africa to address persistent financing gaps for agri-SMEs that play vital roles in rural economies.

The expanded working capital loan to KKL comes amid broader efforts by SEFAA and Sahel Capital to deepen investment in African agribusiness, including recent additional commitments aimed at scaling support for small and medium enterprises serving rural producers.