All news

Cameroon cocoa farmers are benefitting from better production facilities for their premium beans. Pic: The African Development Fund (ADF)

Cameroon raises cocoa farmgate price and sees uplift in output

By Anthony Myers

Cameroon has announced a significant increase in cocoa production over the past two seasons, with figures showing that the crop in the 2022-23 season was 681 tonnes, almost four times higher than the 182 tonnes recorded in 2020-21.

Olam Group Limited has guaranteed the sustainability loan to its ofi division. Pic: Olam Group

Finance

ofi secures $1,750m sustainability-linked loan

By Anthony Myers

The Olam Group Limited has announced that its wholly owned subsidiary, olam food ingredients (ofi), which includes its cocoa division, has secured a multi-tranche sustainability-linked facility aggregating $1,750 million.

Koa cocoa farmers celebrate the opening of a new facility to make the most of the cocoa pod. Pic: Koa Photography

Sustainabilty

Koa opens Africa's largest cocoa fruit factory in Ghana

By Anthony Myers

The Swiss-Ghanaian start-up Koa, whose aim is to transform the cocoa industry by upcycling parts of the cocoa fruit that are usually overlooked, has inaugurated Africa's largest cocoa fruit factory.

Love Cocoa's new-look designs for its premium chocolate. Pic: Love Cocoa

Packaging

Love Cocoa unveils ‘Modern Chocolatier’ rebrand

By Anthony Myers

The rebranding includes a stylish new logo and strapline - ‘The Modern Chocolatier’ - and the business has also embraced a brighter, bolder colour palette across the range while maintaining its signature gold foiling detail.

Cocoa prices hit record highs on the international markets this week. Pic: CN

Commodities

El Niño and consumer demand from China pushes up cocoa prices

By Anthony Myers

Cocoa traded on ICE Futures in New York hit a 12-year high of $3,640.50 per tonne on Wednesday (30 August), as analysts reacted to a consumer surge in chocolate, as well as the adverse impacts of the El Niño weather phenomenon on West Africa’s cocoa crop.

Jokolade founder Joko Winterscheidt. Pic: Jokolade

M&As

Katjes acquires sustainable chocolate brand Jokolade

By Anthony Myers

German confectionery brand Katjes has announced it has acquired a 50% stake in Schoko Winterscheidt GmbH, owners of Jokolade, with the aim of positioning itself more prominently in the chocolate category.

Craft chocolate makers are 'highly internally ethically motivated to be transparent' - research suggests. Pic: GettyImages

Sustainability

Call for more sustainability regulation to help craft chocolate companies

By Anthony Myers

Transparency is a defining feature of the craft chocolate industry. However, with the need for benchmarks or regulations for this budding industry, entrepreneurs and stakeholders interpret and apply transparency differently, new research published in...

Today's shopper has an entire world of information at their fingertips to find out the history and benefits of the ingredients used within a product in an instant. Pic: GettyImages

The rise of the digital snacker

By Gill Hyslop

Technological advancements have opened seemingly infinite possibilities for innovation within the snack and bakery industry. We’re in a new era of food manufacturing with the ability to create a more connected experience for consumers and more efficient...

Ghana Gold chocolate recognised for its taste by judges. Pic: MIA

Premium

Ghana Gold chocolate bags two Great Taste Awards

By Anthony Myers

Sustainable chocolate brand MIA, short for made in Africa, says its new Ghana Gold bars have been recognised with two Great Taste Awards, one of the world's largest and most trusted food and drink accreditation schemes.