Search

Ivory Coast cocoa slump raises global price fears as production crisis deepens

Cocoa farmer on the field. Photo by Charles William Adofo @ Unsplash
Cocoa farmer on the field. Photo by Charles William Adofo @ Unsplash
  • Ivory Coast cuts cocoa contract sales amid forecast production slump
  • Global chocolate prices set for renewed surge as diseases ravage orchards

 

ABIDJAN, IVORY COASTIvory Coast expects a steep fall in cocoa output for 2025-26, signalling fresh turmoil in the global chocolate market, officials say.

Ivorian authorities have trimmed forward contract sales to 1.3 million tonnes, down from 1.4 million tonnes last year, in a move aimed at avoiding failures to meet delivery commitments, according to officials at the Coffee and Cocoa Council (CCC).

Recent Business

Solar farm. Photo by Michael Förtsch @ Unsplash
Econet bets on solar-powered industrial park to lure investment into Zimbabwe
Read More »
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
China–Ethiopia trade tops $13bn as Beijing deepens economic footprint in Africa
Read More »
Oil rig. Photo by WORKSITE Ltd. @ Unsplash
Could the US takeover of Venezuela’s oil upset Africa’s crude exports?
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights