Cocoa

Ghana Cocoa Buyers Say A Lack Of Funds Curbs Bean Purchases

Ghana’s industry body for cocoa purchasers said its members are struggling to pay farmers for their crops because the regulator isn’t reimbursi...

Nigeria Weather Chief Says Floods May Hurt Cocoa, Favour Rice

Floods predicted to sweep across most of Nigeria this year may imperil the West African country’s cocoa crop while boosting its rice output, the head...

Barry Callebaut Posts 2.8% Growth In Sales

Cocoa and chocolate company Barry Callebaut has reported that sales grew by 2.8% to 1,414,654 tonnes in the first nine months of the fiscal year ending 31...

Ivory Coast, Ghana Said To Seek $1.2 Billion Loan For Cocoa

The cocoa regulators of the world’s two biggest producers are in talks with the African Development Bank about a $1.2 billion loan that will be used...

Mondelēz Works To Reduce Deforestation In West Africa

Snack food company Mondelēz International has announced that it will collaborate with governments in West Africa to reduce deforestation in the cocoa suppl...

Ghana To Tap Stabilization Fund For Cocoa Pay Next Season

Ghana will probably start drawing from its stabilization fund to cover cocoa farmers’ pay during the season that starts in October as the second-bigg...

Ghana Cocoa Board Debt Reaches $2.2 Billion As Prices Slump

Ghana’s cocoa regulator said it is 10 billion cedis ($2.2 billion) in debt after the nation missed its production target in the previous season and a...

Ghana Said to Produce Biggest Cocoa Crop in Three Years

Ghana has recorded its biggest cocoa harvest in three years, according to two people familiar with the matter, after better weather conditions boosted outp...