Ghana

Ghana Cocoa Output Is Half Of Average With Harvest Almost Complete

Ghana cocoa production reached 429,323 metric tonnes – or less than 55% of the average seasonal output – as harvesting neared completion at the...

Traders Face $1bn Loss On Faltering Ghana Cocoa Supply, Sources Say

Trading houses face losses of at least $1 billion on cocoa derivatives after major producer Ghana failed to deliver beans this year, forcing trad...

Ghana To Delay More Cocoa Deliveries As Supply Crisis Worsens

The world's second largest cocoa producer Ghana is looking to delay delivery of up to 350,000 tonnes of beans to next season due to poor crops, five source...

Ivory Coast Cocoa Regulator Scraps Grading Discount For Deferred Contracts

Ivory Coast's cocoa regulator has told exporters that a discount for the grading of beans from the mid-crop will not be offered for deferred contracts, acc...

Ghana's Cocobod To Borrow Up To $1.5bn For Cocoa Purchases, Sources Say

Ghana's cocoa regulator will borrow up to $1.5 billion by September to finance 2024/25 cocoa purchases and compensate for low output, two Cocobod sources s...

Notes From Africa: Tiger Brands, OmniRetail, Kuapa Kokoo, Nikgroup Farm

ESM’s regular series, Notes From Africa, brings you the latest retail, consumer goods, and food-and-beverage stories from across Africa.

Ivory Coast, Ghana Unable To Deliver Up To 500,000 Tonnes Of Pre-Sold Cocoa Beans

Top cocoa producers Ivory Coast and Ghana do not have beans available to fulfil deliveries of up to half a million tonnes pre-sold at about a quarter of cu...

Surge In Cocoa Prices Prompts Ecuador To Boost Output

Ecuador's annual cocoa production is on course to hit 500,000 metric tonnes in the next two years, potentially overtaking Ghana as the world's second-large...