Ghana

Pic: CN

Commodities

Cocoa prices pulled down by ICE inventories

By Anthony Myers

After consolidating recent gains, cocoa prices posted modest losses earlier this week after an increase in cocoa inventories weighed on prices.

The two West African countries produce over 60% of the world's cocoa Pic: Getty Images

Commodities

Cote d’Ivoire and Ghana await approval for IMF loans

By Anthony Myers

Both countries’ economies have been ‘hit hard by the triple shock of the Covid-19 pandemic, global financial tightening, and adverse spillovers from Russia’s war in Ukraine’.

Ourput of West African cocoa beans fell last month. Pic: CN

Commodities

Uncertain supply and demand undercuts cocoa prices

By Anthony Myers

Recent flash flooding in West and Central Africa has hindered Cote d’Ivoire’s transportation of cocoa beans from the farms to the ports and could be the reason for the reduction of cocoa arrivals seen during the first few weeks of the main 2022-23 season...

Farmers cracking cocoa pods, Ghana. Pic: MIA

Op-ed

Reality check: What can we do about cocoa’s price?

By Brett Beach & Dr Kristy Leissle

In this exclusive op-ed for ConfectioneryNews by Brett Beach, Co-founder of sustainable chocolate brand Made in Africa (MIA), and Dr Kristy Leissle, a member of CN’s editorial board and the author of numerous books and articles on cocoa and industry politics,...

Nigeria is the fourth largest cocoa-producing country in the world. Pic: CN

Commodities

Nigeria informs ICCO of plans to increase cocoa production

By Anthony Myers

Nigeria’s Minister of Agriculture and Rural Development, Dr Mohammad Mahmood Abubakar, has doubled down on the country’s pledge to increase its cocoa production from the present 340,000 tonnes to 500,000 tonnes by 2024.

Inside Ghana Gold, MIA’s new bean-to-bar line

Podcast

Inside Ghana Gold, MIA’s new bean-to-bar line

By Anthony Myers

MIA, short for Made in Africa, is branching out from its base in Madagascar to work with cocoa farmers in West Africa. Co-founder Brett Beach tells ConfectioneryNews the reasons behind the move – and also provides an update on the situation on the island...

Daniel Aboagye, a cocoa farmer in Ghana's Western Region. Pic: Kristy Leissle

I am a cocoa farmer: Daniel Aboagye, Western Region, Ghana

'Cocoa pays for everything'

By Kristy Leissle

In the third of her occasional 'I am a cocoa farmer series', cocoa scholar Kristy Leissle talks to Daniel Aboagye, who is not only a farmer but a recorder, or purchasing clerk, for the Kuapa Kokoo licensed cocoa buying company (LBC), so he has...

Ghana to increase its cocoa output by 5.8% in next growing season

Ghana

Ghana to increase its cocoa output by 5.8% in next growing season

By Anthony Myers

Ghana is the world’s second-biggest cocoa producer, after its West African neighbour, Cote d’Ivoire. Its main growing season runs from October to September, and while output may increase - a glut in the global market has raised wider concerns about lower...