Brazil is being considered as a potential source to supply more cocoa to Switzerland, as West African cocoa production faces strain. This move could diversify Switzerland's cocoa supply chain.
A multi-agency security team near Ghana's Bunkpurugu border intercepted a truck carrying 118 bags of cocoa beans concealed beneath a load of plantains, leading to two arrests. The operation highlights efforts to combat smuggling in the region.
Uncontrolled wildfires in Western Canada, particularly British Columbia, have forced the evacuation of 20,000 people and claimed the life of an 80-year-old woman. The fires continue to spread, causing widespread destruction and displacement.
A new gallery show in London features the works of rising painter Marc Padeu, who reimagines themes from Renaissance art by bringing them into the context of his homeland, Cameroon, often depicting cocoa plantations.
With surging cocoa prices, processors like Auro Chocolate are struggling with leftover cocoa powder, prompting them to seek alternative uses for the byproduct outside of traditional candy production.
A member of the New Patriotic Party (NPP) Communications Team criticized the Ghanaian government's decision to fast-track the proposed Cocoa Protection Bill, arguing that broader stakeholder consultations should have been conducted.
Ghana's parliament has approved new legislation imposing tough protections for cocoa farms, including potential prison sentences of up to 20 years for violations. These measures aim to safeguard the country's vital cocoa industry.
Ghana’s international trade surplus more than tripled in 2025, reaching GHS48 billion, driven by record gold earnings and strong cocoa and petroleum exports.
Ghana's central bank is likely to maintain a cautious, data-dependent monetary policy stance, with gold and cocoa exports expected to support the external sector despite risks to reserves and the cedi from energy payments and global volatility.
Oppong Nkrumah has warned that a new cocoa pricing formula could lead to cocoa farmers losing their guaranteed prices and being worse off. He expressed concerns about the potential negative impact on the livelihoods of farmers.
Scores of cocoa farmers from the Guan District in Ghana's Oti Region have besieged the Ghana Cocoa Board (COCOBOD) office in Hohoe, demanding payment for cocoa beans supplied to the state.
The Ghana Cocoa Board (COCOBOD) has reaffirmed the government's commitment to implementing policies and programs aimed at strengthening the country's cocoa sector.
North Korea is reportedly developing substitute food products like chocolate made from 'purple beans' and coffee alternatives as part of its efforts to sustain a substitute economy.
Nestlé shares experienced their largest plunge since the dot-com bust, attributed to weak sales volume and the impact of high coffee and cocoa prices on profits. This shattered hopes for a quick turnaround for the company.
The International Cocoa Initiative (ICI) has expanded its child protection and support efforts, reaching 1.68 million children in West Africa's cocoa-growing communities through Child Labour Monitoring and Remediation Systems.
The Ghana Cocoa Board (COCOBOD) announced it has fully paid GH¢162 million to individual holders of Cocoa Bills who did not participate in the government's Domestic Debt Exchange Programme.
Nigeria, its cocoa-producing states, and three other African countries have agreed to enhance cooperation to boost cocoa processing, improve farmers' earnings, and retain more value from the global chocolate industry.
Ghana has officially established its first Child Labour-Free Zones in three cocoa-growing communities within the Ashanti and Western North Regions, supported by JICA, as a significant step towards eliminating child labor.
Manufacturers are increasingly using alternative ingredients like cultivated cells or oats in chocolate products, leading to questions about whether these items can still be called chocolate, despite a drop in cocoa prices.
Counters predict that Ivory Coast's cocoa crop for the 2026/27 season will decrease by more than 10% due to excessive rains and widespread disease affecting the plants.
Barry Callebaut, the world's largest chocolate company, is reporting renewed growth after two years of crisis, attributed in part to a decrease in global cocoa prices.
Ghana's Cocoa Marketing Company has secured firm off-take commitments from the UAE and Saudi Arabia for Ghana’s semi-finished cocoa products, strengthening trade ties with Gulf nations.
The Ghana Cocoa Board (COCOBOD) has failed to meet its self-imposed end-of-June deadline to clear over GH¢6 billion owed to cocoa farmers and Licensed Buying Companies (LBCs), leaving an estimated GH¢3.4 billion still outstanding.
Fiifi Boafo, former Head of Public Affairs at Ghana Cocoa Board, has criticized the South African government, alleging its complicity in the resurgence of xenophobic violence.
A recent visit to Hershey, Pennsylvania, known as 'The Sweetest Place on Earth,' prompted reflections on strategies to unlock greater value within Africa's cocoa industry.
Fitch Solutions predicts that El Niño will negatively affect cocoa production in Ghana and Côte d’Ivoire for the 2026/27 crop season, exacerbated by existing structural supply constraints.
A report highlights Africa's top 15 agro-exports, including cocoa and olive oil, which are significantly contributing to trade growth and attracting global capital in 2026.
The Cocoa and Coffee Farmers Alliance Association of Africa (COCEFAAA) is advocating for a unified African cocoa producers' bloc and a minimum floor price of $6,000 per metric tonne to counter foreign control and strengthen the market.
Cocoa farmers in Ivory Coast are expressing concerns that recent heavy rainfall could lead to widespread flooding and an increase in crop diseases, threatening their harvests.
Global cocoa prices are warned to potentially surpass $10,000 per tonne again as multinational food companies increasingly shift investments towards developing laboratory-grown cocoa alternatives.
The Chief Executive of the Ghana Cocoa Board (COCOBOD), Dr. Randy Abbey, has urged for deeper trust, transparency, and commitment between Ghana and Côte d’Ivoire to strengthen their cooperation and secure greater value for cocoa.
Authorities in Ghana's Tano North Municipality are raising alarm over increasing school dropout rates, which are linked to children being engaged in hazardous illegal mining and cocoa farming practices.
Ghana's Finance Minister, Dr. Mohammed Amin Adam, officially opened the 7th Steering Committee Meeting of the Côte d’Ivoire-Ghana Cocoa Initiative in Abidjan. The meeting aims to discuss and advance collaborative efforts between the two nations in the cocoa sector.
The Wassa Amenfi Cocoa Landscape Initiative (WACLI), a collaboration involving Preferred by Nature, Ferrero Group, and other partners, conducted field monitoring in Asankragwa, Ghana, to assess cocoa agroforestry and income-generating projects.
Legislators in Ghana's Volta and Oti regions have collaborated with Afarinick Company Limited to increase the nation's cocoa production capacity, which is currently projected at 650,000 to 700,000 metric tonnes annually.
Afarinick Company Limited has distributed over 400,000 improved cocoa seedlings to farmers in Ghana's Volta Region, aiming to boost cocoa cultivation and livelihoods, while also developing the country's largest sustainable cocoa plantation and a large nursery.
The Netherlands, a significant player in the cocoa value chain, emphasizes that cocoa farming must provide a living income for families and be free from deforestation and child labor.
Mahamudu Bawumia, the New Patriotic Party's flagbearer, announced plans to develop an alternative policy framework to address the challenges facing Ghana's cocoa industry, responding to concerns from farmers and stakeholders.
Ivory Coast is experiencing strong exports of its main cocoa crop, having sold about 1 million metric tons in export contracts for 2026-27. However, the country has begun to slow future sales due to concerns about the impact of a looming El Niño weather pattern on output.
The Governor of the Bank of Ghana (BoG) announced that the government will sell a $1 billion bond on the domestic market to finance cocoa purchases for the 2026/27 crop season.
The Portuguese series "Cacau - Okus Ljubezni" (Taste of Love) tells the story of Cacau, a girl whose destiny unfolds unexpectedly amidst cocoa trees, revealing secrets that smell of chocolate and a love she never dared to dream of.
The Centre for Democratic Development (CDM) has criticized the government for the continued closure of the completed Weija Children's Hospital. CDM argues that governance failures are causing cocoa farmers, patients, and consumers to suffer.
After a year of reducing bar sizes and cocoa content, at least one major confectionery producer is increasing cocoa in its products, with others possibly following suit, in response to consumer demand.
Nestlé Ghana and ECOM Ghana have jointly handed over a new six-unit classroom block to the Adarkwa Methodist Primary School, supporting education in cocoa-growing communities.
The Food and Agriculture Organization (FAO) is pushing for deforestation-free finance within Nigeria's banking industry, specifically targeting cocoa and oil palm sectors to align agricultural growth with environmental sustainability.
Two staff members of the Cocoa Research Institute of Nigeria were abducted in Oyo State, Nigeria. Police have since arrested two suspects in connection with the incident.
A new study has concluded that the Nutri-Score labeling system is not suitable for evaluating soluble cocoa products. The research analyzed 54 cocoa products from 19 brands sold in Spain.
Seven interdicted employees of Ghana's Cocoa Processing Company (CPC) PLC have denied responsibility for a GH¢4.3 million financial discrepancy and are demanding reinstatement, leading to a legal and industrial dispute.
Retailers report that cocoa farmers in Ivory Coast are cutting back on spending for agricultural inputs as a result of declining sales, impacting the sector.
Access Bank Ghana, in partnership with the International Finance Corporation (IFC), has allocated approximately GH¢1 billion for 2025 to support cocoa-licensed buying companies and value chain actors in Ghana.
The Madang Provincial Government in Papua New Guinea has signed its second Memorandum of Agreement to further enhance and develop the region's cocoa industry.
Ghanaian politician Annoh-Dompreh has written an open letter to former President Mahama, urging executive intervention on challenges in the energy sector, plight of cocoa farmers, food security, and environmental governance.
A Master’s student has created the first chocolate bar made with 100% UK ingredients since 1932, using Reading-grown cocoa. This initiative aims to highlight the impact of the climate crisis on cocoa plants, recalling that the late queen was the only other person to have eaten such a bar.
Cocoa farmers are urging a review of the new Cocoa Bill before presidential assent, while COCOBOD defends the legislation, stating it will protect farmers and address sector gaps. COCOBOD has also challenged claims by the Minority that Parliament rushed the bill and that it contains constitutional flaws.
A new COCOBOD Bill in Ghana is drawing criticism for potentially protecting cocoa at the expense of farmers' rights, amidst ongoing issues of illegal mining destroying farms and polluting rivers.
Police in Cross River State have launched an investigation into the killing of a cocoa farm worker, an incident that follows a previous fatal shooting of a farmer in the state just a month prior.
Ghana's parliament has passed a bill that could impose up to 20-year prison sentences on cocoa farmers who convert their farms to other uses without government approval, a measure passed on July 30 but whose contents were not immediately made public.
The Ghana Cocoa Board (COCOBOD) has initiated a nationwide series of stakeholder engagements following the passage of the Ghana Cocoa Board Bill, 2026.
Kennedy Osei Nyarko, MP for Akim Swedru, has criticized provisions in Ghana's new COCOBOD Act, stating they infringe on cocoa farmers' rights by restricting their autonomy over land use.
Ghana's Parliament has approved the Ghana Cocoa Board (COCOBOD) Bill, 2026, initiating a significant restructuring of the cocoa industry with a new governance framework, alternative financing, and legal guarantees for farmers.
An article discusses the challenges and necessary steps to improve Nigeria's cocoa value chain, including farm renewal, credit access for producers, reliable supplies for processors, compliance, and market establishment.
Kojo Oppong Nkrumah, Ranking Member on Parliament’s Economy and Development Committee, has called for Parliament to avoid rushing the passage of the Cocoa Board Reforms Bill, emphasizing the need to hear from farmers.
Despite a decline in cocoa prices after record highs, chocolate prices are not expected to drop soon, primarily because major manufacturers are focusing on social media-inspired products and other marketing strategies.
Despite a decline in global cocoa prices, chocolate remains expensive in stores, according to producers. They attribute the high retail prices to factors such as global uncertainty, increasing production costs, and evolving consumer purchasing trends.
The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has endorsed the Ghana Cocoa Board’s (COCOBOD) decision to replace its traditional syndicated loan with local market financing. He described the new approach as a positive reform.
Italy is seeking to boost investment in Ghana's cocoa sector by proposing the establishment of a 3,000-hectare mechanized cocoa development zone to expand local processing and value addition.
The Nigerian Federal Government has clarified its position on raw cocoa exports, following public discussions that suggested a potential ban after President Bola Tinubu announced plans to expand domestic cocoa processing. The government's statement aims to address concerns and provide clarity on its policy.
The Bank of Industry (BOI) announced its plan to channel 70% of an €85 million European Investment Bank (EIB) facility towards developing Nigeria's cocoa and dairy sectors. This initiative aims to significantly enhance these agricultural industries within the country.
A report on Ghana's proposed 24-hour Economy and Accelerated Export Development Programme sparked heated exchanges in Parliament, with the Majority and Minority caucuses accusing each other of mismanaging public funds.
A product recall has been initiated for cocoa powder after the presence of maltitol, an unauthorized additive, was detected. The responsible food business operator has launched the recall.
Nigerian President Bola Tinubu announced a ban on raw cocoa exports, aiming to promote local processing and add value to the country's cocoa industry. This initiative seeks to shift focus towards domestic manufacturing.
Ghana's Cocoa Board (COCOBOD) has issued a warning that the country's cocoa industry faces collapse if urgent measures are not taken to halt the destruction of cocoa farms by illegal mining, known as galamsey.
Ivory Coast's cocoa crop for the 2026/27 season is projected to drop by more than 10% due to adverse conditions including excessive rains and widespread disease, according to industry counters.
Nigeria, Ghana, Côte d’Ivoire, and Cameroon have formed an alliance aimed at ending the export of raw cocoa, intending to boost local processing and strengthen Africa's position in the global market.
Fiifi Boafo, former Head of Public Affairs at Ghana Cocoa Board, has described the government's Nkoko Nkitinkiti programme as a waste of state resources, arguing its design is incapable of creating sustainable poultry businesses.
International Chocolate Day, celebrated on July 7th, provided an opportunity to discuss chocolate quality, with a dietitian highlighting a detail many consumers overlook beyond just cocoa content.
India's FSSAI has issued notices to several companies, including Kubera Foods and Ferns N Petals, for misleading product labels, citing issues like '100% Natural' claims on buns with preservatives and chocolate marketed with vegetable fat instead of cocoa.
Ghana's Cocoa Marketing Company (CMC) has secured demand from the UAE and Saudi Arabia for Ghana's value-added cocoa products. These gulf offtake deals come ahead of former President Mahama's proposed mandate for 50% local cocoa processing.
Cocoa farmers in Ghana's Ahafo Region are demanding urgent action against cross-border smuggling of cocoa beans, warning that the illicit trade is a 'nation-wrecking' crisis threatening their livelihoods and the national economy.
Fitch Solutions predicts that Ghana's economic growth rate will moderate to 4.7% by 2027, primarily due to stagnant oil and cocoa production constraining export growth.
Ghana Cocoa Board's (COCOBOD) indebtedness to suppliers of fertilizers and agrochemicals between 2021 and 2024 is attributed to broader financial challenges facing the cocoa sector, according to a Deputy Minister of Finance.
Above-average rainfall and overcast weather in Ivory Coast's main cocoa-growing regions have raised concerns among farmers about potential flooding and disease, which could impact the final stage of the March-to-August mid-crop.
The Government of Ghana, through COCOBOD, has announced that the producer price of cocoa will remain unchanged for the 2026 light crop season, despite a decline in global cocoa prices.
Presidents John Dramani Mahama of Ghana and Alassane Ouattara of Ivory Coast have reaffirmed their commitment to closer cooperation and signed a joint declaration on cocoa sector reforms following a summit in Abidjan.
Ghana and Côte d’Ivoire, the world’s two largest cocoa-producing nations, have agreed to harmonize their cocoa farm-gate pricing policies. This move aims to improve farmer incomes, strengthen market stability, and deepen cooperation.
President John Dramani Mahama is expected in Abidjan for the Côte d’Ivoire–Ghana High-Level Summit on the Future of the Cocoa Economy, where he will also hold bilateral talks with his Ivorian counterpart, President Alassane Ouattara.
Ivory Coast's cocoa grind increased by 39.7% in May, according to the exporters' association. This significant rise indicates strong processing activity in the world's top cocoa producer.
In February 2026, the Government of Ghana unveiled a comprehensive package of reforms for the cocoa sector, aimed at restoring financial discipline, ensuring long-term viability, and guaranteeing fair prices for farmers.
The Ghanaian government, through the Ghana Cocoa Board (COCOBOD), has announced that the producer price for cocoa will remain unchanged for the 2026 Light Crop Season, despite a downturn in international cocoa market prices.
Lab-grown cocoa, used to create artificial chocolate, is emerging as the latest synthetic commodity to challenge and potentially reshape the global trade of natural products.
The Wassa Amenfi Cocoa Landscape Initiative (WACLI) organized a multi-stakeholder platform workshop to advance a shared vision for the Wassa Amenfi landscape, involving partners like Ferrero Group and Solidaridad West Africa.
Fatimah Amoadu, Deputy Managing Director of Cocoa Processing Company and founder of Obaapa Fatimah Amoadu Foundation, has called for active involvement of boys in combating teenage pregnancy in Ghana's Ekumfi District.
Ghana's COCOBOD plans to issue commercial papers to raise $1 billion, which will be used to finance cocoa purchases for the upcoming season, following the completion of work by its transaction advisor.
The Chairman of the National Development Planning Commission (NDPC), Dr. Nii Moi Thompson, has called for a critical review of the Ghana Cocoa Board (COCOBOD), arguing that the institution may have outlived its usefulness, and suggested reviewing Farmers' Day.
A seven-day journey across Côte d’Ivoire reveals the country as more than just a stopover, showcasing its cocoa towns, coastal escapes, living history, and cultural traditions passed down through generations.
While sustainable chocolate initiatives are important, experts suggest they are insufficient on their own to fully address the broader climate challenges facing the cocoa industry.
China has fully abolished import tariffs on goods from African nations, including avocados, coffee, apples, and cocoa, in an effort to strengthen its position on the continent.
After a year of reduced chocolate bar sizes and ingredient substitutions, a leading confectionery company is increasing cocoa content in its products, with others expected to follow, due to a shift in the cocoa market.
German chocolate brand DreiMeister has filed for self-administered insolvency, citing high cocoa prices as the reason, and plans to restructure to continue production in Germany.
A slump in cocoa bean prices since 2024 is making traditional chocolate more profitable, prompting major chocolate makers to increase cocoa content in their products.
This article details the nutritional benefits of a popular, delicious, and highly nutritious recipe for overnight oats topped with yogurt and cocoa, providing complex carbohydrates for sustained energy and satiety.
According to Nana Attakorah Asante, cocoa farmers in Ghana are currently earning more per bag than their counterparts in neighboring Côte d’Ivoire, despite criticism from the opposition.
According to a nutritionist, moderate consumption of chocolate with a high cocoa content may offer health benefits and potentially contribute to a longer lifespan.
Ghana, the world's second-largest cocoa producer, plans to begin selling $1 billion in bonds from July to finance cocoa bean purchases for the 2026-27 harvest season.
Seven employees of Cocoa Processing Company PLC in Ghana have been interdicted after an audit by the Ghana Audit Service revealed GH¢4,373,355.04 in outstanding and unaccounted funds linked to the CPC Consumer Cooperative's operations.
Minority Chief Whip Frank Annoh-Dompreh has cautioned that recent reductions in cocoa producer prices are causing despair among farmers and could escalate cross-border cocoa smuggling if the government doesn't intervene.
The North East Regional Police Command has arrested four suspects and intercepted 118 bags of cocoa beans believed to be destined for neighboring Togo via the Bunkpurugu-Togo border.
Ghana's controversial Cocoa Bill is facing strong criticism for allegedly excluding key industry players, such as hauliers, from consultations prior to its passage. Opponents are demanding fresh consultations and urging against its immediate signing into law, arguing it puts the "cart before the horse."
The New Patriotic Party (NPP) has criticized Clause 81 of the newly passed Ghana Cocoa Board Bill, 2026, stating it infringes on farmers' property rights. The opposition party is calling on President John Mahama to withhold his assent and return the bill to Parliament for broader stakeholder consultation.
Former Deputy Finance Minister Abena Osei Asare has called on President John Dramani Mahama to responsibly use the government's parliamentary majority and review the Cocoa Board Amendment Bill.
Cameroon's government has launched a national discussion on the future of its cocoa industry, aiming to address value sharing amidst evolving global market dynamics and farmer expectations.
Ghana's parliament has passed legislation imposing up to 20-year jail sentences for the sale or repurposing of land designated for cocoa cultivation, the country's most important crop.
Dr. Godfred Seidu Jasaw, Chairman of Parliament’s Food, Agriculture and Cocoa Affairs Committee, defended the decision to pass the new Cocoa Bill under a certificate of urgency, stating it is required ahead of the September season to support reforms.
The world's top cocoa producers, Ghana and Côte d'Ivoire, signed a joint declaration to cooperate on pricing, local processing, environmental protection, and research to secure better incomes for farmers.
Aggrieved cocoa farmers in Ghana's Guan District of the Oti Region have protested at the COCOBOD office, demanding payment for cocoa beans sold to Licensed Buying Companies (LBCs) months ago.
An article explores Nigeria’s cocoa value chain, advocating for a focus beyond fluctuating prices to emphasize vertical integration and local processing to transform and boost the industry.
Despite a significant 34% drop in cocoa prices, the cost of chocolate continues to remain high for consumers. This discrepancy raises questions about the factors influencing chocolate pricing beyond raw material costs.
Ghana's Finance Minister announced that the government will introduce a new COCOBOD Bill to modernize the cocoa sector and guarantee cocoa farmers at least 70% of the Free On Board (FOB) price.
Nigeria's inability to develop a strong agricultural value chain is reportedly causing farmers to miss out on opportunities in the global cocoa and coffee markets, leading to significant losses.
The El Niño weather phenomenon is disrupting commodity markets, causing prices for coffee and cocoa to rise again, just as signs pointed towards recovery.
Ghana's Parliamentary Select Committee on Food, Agriculture and Cocoa Affairs received a comprehensive briefing from the Minister for Food and Agriculture on the implementation and progress of the government's flagship Feed Ghana Programme.
A new exhibition in Oslo connects Edvard Munch's 1922 public artwork, the Freia frieze, with the history of cocoa, the labor movement, and women’s emancipation.
Nigerian President Tinubu announced plans to expand domestic cocoa processing and manufacturing, aiming to increase export earnings, create jobs, and retain more value from the country's leading agricultural commodity.
The UN has investigated why coffee, cocoa, and tea are so expensive, concluding that production concentration in a few countries easily leads to supply disruptions in the markets.
Cocoa farmers in Ivory Coast report that while recent below-average rainfall helped dry damp soil, more sunny spells are needed to boost the September-to-February main crop.
Italian chocolate giant Ferrero has taken administrative steps to launch production in Romania, establishing a local firm focused on manufacturing cocoa, chocolate, and confectionery products.
Dr. Isaac Yaw Opoku, Ranking Member on Parliament’s Food, Agriculture and Cocoa Affairs Committee, has urged the government to conduct a comprehensive review of the first phase of the Nkoko Nkitinkiti programme before proceeding with the second phase.
Cocoa futures have doubled since March, climbing towards $6,000 a ton, as Jefferies warns of a "perfect storm" impacting West Africa's cocoa production.
Ghana and Ivory Coast are exploring the possibility of forming an OPEC-style alliance to combat the ongoing slump in cocoa prices and strengthen their position in the global market.
COCOBOD has injected significant funds, including GH¢34.5 billion for cocoa purchases and an additional GH¢2.6 million, to settle cocoa farmers through Licensed Buying Companies.
Cocoa prices have plummeted by nearly 75% after reaching a 2024 peak, severely impacting millions of farmers in Ghana and Cote d'Ivoire and raising questions about the future of the sector.
Cameroon has launched its inaugural 'Cocoa Days' dialogue in Yaounde, aiming to reform the country's cocoa supply chain to improve farmer pay and comply with new EU green regulations.
Dr. Albert A. Arhin, a researcher at KNUST, emphasizes that Ghana's cocoa policies should prioritize the health and wellbeing of cocoa farmers, not just production and yields, to achieve a resilient cocoa sector.
A proven homemade recipe is provided for 'Ruske kape' (Russian hats), a popular traditional cake known for its soft cocoa biscuit, creamy filling, and rich chocolate layer.
Researchers are urging a policy shift in Ghana's cocoa sector, warning that climate change is severely affecting the health, well-being, and productivity of cocoa farmers, not just the crops.
A powerful El Niño phenomenon is anticipated to hit by year's end, potentially causing global economic shocks, extreme weather events, and rising food prices, impacting economies from India's monsoon to Ivory Coast's cocoa market.
A student from Bunsu Cocoa College emphasized the need for mentorship, exposure, and financial support to help young people succeed in agriculture. They encouraged youth to explore agribusiness opportunities beyond traditional farmland ownership.
The return of the El Niño climate phenomenon, dubbed 'Kraken or Godzilla,' has economists calculating which food items, such as sugar, cocoa, coffee, and rice, are likely to see price increases.
Ghana's COCOBOD announced its decision to maintain cocoa prices for farmers, despite a global slump and Côte d’Ivoire's price cuts. This intervention aims to protect the livelihoods of cocoa farmers and stabilize the sector.
Ghana and Côte d'Ivoire are advocating for comprehensive reforms in the cocoa sector to enhance its resilience, prosperity, and profitability, particularly to boost farmer incomes. Finance Minister Ato Forson emphasized the non-negotiable success of their alliance and the need for deeper cooperation.
Wells Fargo analysts suggest that tight global cocoa supplies are likely to support higher prices for the commodity and have expressed a preference for investing in Mondelez (MDLZ).
Workers of PBC Limited in Ghana have renewed their appeal to President John Dramani Mahama to fulfill his promise of revamping the struggling cocoa-buying company, citing worsening hardship, unpaid salaries, and operational challenges.
Tony's Open Chain is stepping up its child labor remediation and community development programs in Ghana's cocoa communities to combat exploitation and structural poverty in the West African cocoa supply chain.
The company Ledo is preventively recalling its popular Quattro classic ice cream, specifically the cocoa-hazelnut, vanilla, chocolate, and stracciatella flavors with a certain expiration date, from the Croatian market.
Africa's Agriculture Minister is demanding a 10% budget allocation for agriculture across the continent and advocating for Africa to gain more from the multi-billion dollar cocoa-chocolate industry. The minister also highlighted agriculture's potential to eliminate youth unemployment in Africa.
German investigators intercepted a container from West Africa, originally declared to carry cocoa beans, and discovered a massive eight-ton shipment of cocaine intended for Spain.
The CEO of Nestlé announced that the company expects to see improved profit margins due to a decrease in the costs of key commodities like coffee and cocoa.
The Ghana-UK Investment Summit in London, themed "The Reset Agenda: Restoring Investor Confidence to Unlock Opportunities and Shared Prosperity," highlights Ghana's cocoa sector as a key area for investment.
Ghana's cocoa industry is urged to maintain its reputation for quality and reliability to secure market preference and resilience during periods of price turbulence.
A retired partner of a Washington, D.C. law firm discussed the need to change Ghana's cocoa law, highlighting its relevance to professional interests and past work.
The Asunafo North Cocoa Farmers Union and its partners have intervened to rescue rural schools, such as Edwenase M/A Basic School, from an infrastructure crisis that has long hindered early childhood learners' access to quality basic education.
Ivory Coast, the world's largest cocoa producer, is expecting an increase in its cocoa output. This projection is significant for the global cocoa market and the country's economy.
Ugandans are expressing regret over the association of their Bundibugyo district with a type of the Ebola virus, which was named after the region of cocoa farmers. The naming has created an unwanted link for the local population.
Ghana has been selected to host the 2027 World Cocoa Foundation (WCF) Partnership Meeting, scheduled to take place in Accra from March 16 to March 18 next year.
Cocoa farmers in Ghana's Ahondwo operational area have appealed to the government and the Ghana Cocoa Board (COCOBOD) for the establishment of a cocoa clinic and essential support services to improve their welfare and ensure sustainable production.
The police said the incident occurred on 19 May at about 6 p.m. when armed men invaded the premises of the institute located in the Idi-Ayunre area of Ibadan and abducted two staff members.
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Farmers in Nigeria are partnering with the Cocoa Research Institute of Nigeria (CRIN) to modernize the country's cocoa and coffee value chains, focusing on production, research, farmer empowerment, and sustainability.
Cocoa farmers in Ghana have accused officials from the Ghana Cocoa Board (COCOBOD) of undermining the sector by engaging in private cocoa buying activities, which they claim distorts fair competition and erodes confidence.
Toms Group CEO Annette Zeipel discusses how the confectionery industry is adapting to the rise of GLP-1 weight-loss drugs while also contending with volatile cocoa prices.
The Produce Buying Company (PBC) in Ghana has secured a GH₵30 million financing facility, backed by credited cocoa stock, to ensure prompt payment to farmers amidst ongoing liquidity challenges within the cocoa sector.
New data indicates a significant shift in Ghana's export narrative, moving away from its traditional reliance on raw cocoa beans towards a more diversified economic base.
President Donald Trump arrived in China for a summit with President Xi Jinping, aiming to stabilize US-China relations and address trade tensions following a tariff war. The visit is marked by discussions on geopolitical rivalry and economic interests, with American CEOs accompanying Trump.