Tag: cocoa

Chocflation: Ghana mulls 100% cocoa price hike amid perfect storm of multiple crises

April 4, 2024

Ghana, the world's second-largest cocoa producer, considers doubling farmgate price of the crop to combat smuggling amid a global shortage, as the country’s share of ... Read More

Côte d’Ivoire freezes 2023-2024 cocoa exports due to bad weather

July 17, 2023

The world's largest producer of cocoa, Côte d’Ivoire, has suspended its 2023-2024 exports citing bad weather that has caused the death of at least 30 ... Read More

Cameroon, Nigeria to join Ivory-Ghana-led Cocoa cartel, boosting growers’ leverage

October 14, 2022

Cameroon and Nigeria have requested to join the Côte d’Ivoire-Ghana Cocoa Initiative (CIGCI), a joint body spearheading the interests of the two countries in the ... Read More

Abidjan-based Banque Nationale d’investissement pledges to back coffee, cocoa exporters with around $274 million for new season

September 27, 2022

Banque Nationale d’Investissement (BNI), also known as National Bank of Investment, vowed to support exporters of coffee and cocoa of Côte d’Ivoire with around $274 ... Read More