Ghana’s Cocoa Crisis Worsens as Delivery Delays Expected
According to five sources who spoke to Reuters, Ghana, the world’s second-largest cocoa producer, is planning to postpone the delivery of up to 350,000 tons […]
cocoa
Cameroon: chocolate-makers squeezed by high cocoa prices
At his plantation in Muyuka, southwest Cameroon, Chief Orok John diligently inspects his young cocoa plants, grappling with pod diseases that have plagued his crops […]
Ivory Coast Set to Raise Official Cocoa Farmgate Price
Ivory Coast, recognized as the premier cocoa exporter worldwide, is poised to elevate its official cocoa farmgate price from 1,000 CFA to 1,500 CFA francs […]
Ghana borrows $1.3 billion to boost cocoa exports
The Cocoa Board of Ghana (Cocobod), the agency that oversees the cocoa industry, will sign a $1.3 billion loan agreement with international banks this Thursday […]
Nigerian police destroy 255 hectares of cannabis farms
More than 250 hectares of cannabis fields were destroyed this week and 13 people arrested in Ondo State in southwestern Nigeria, the Nigerian Drug Law […]
Hershey’s and Mars accused of avoiding paying decent income differential to cocoa farmers in Ghana and Cote d’Ivoire
Hershey’s and Mars, two American companies in the chocolate industry, are drawing the wrath of Abidjan and Accra. Ivorian and Ghanaian cocoa regulators accuse them […]
Ghana to make country food self-sufficient—President Akufo Addo
Ghana’s president, Nana Akufo Addo on Wednesday said plans are ongoing to make the West African nation food self-sufficient and reduce the huge food import […]
Ghana: Cocoa Board debt reaches $2.2 billion
Ghana’s cocoa board this weekend said it has accumulated $2.2 billion in debt after the nation missed its production target in the previous season. The […]
Ivory Coast to reduce 2017 Budget on low cocoa prices
Ivorian President Alassane Ouattara on Wednesday announced plans to cut the 2017 budget of the west-African nation by 10 percent due to a sharp drop […]
Ivory coast and Ghana to increase cocoa processing capacity and price
World’s top cocoa producers Ivory Coast and Ghana will boost ties to coordinate production strategies to tackle price volatility in the two west-African nations, Reuters […]