Archives for April 4, 2024

Sustainability

Industry-backed methodology launched to calculate true level of cocoa farmer incomes

The World Cocoa Foundation (WCF), along with other industry stakeholders, has launched groundbreaking methodology for accurately measuring cocoa household and living incomes.

Commodites

Ghana poised to raise its cocoa farmgate price

Ghana will follow Cote d’Ivoire and raise the fixed farmgate price paid to cocoa farmers by up to 50%. The announcement could be made as early as the end of this week, ConfectioneryNews understands.

Cocoa crisis hits chocolate: Which companies can weather the storm, financially?

Unsurprisingly, some chocolate makers are struggling to afford cocoa, which has risen in price by 400% in a year.

Business

Tony’s Chocolonely moves deeper into US market with fresh investment and expansion

Tony's Chocolonely has significantly impacted the US market since launching in 2022, attracting fresh investor interest and an expanded retailer presence.