Search

Nigeria’s Cocoa Output at Risk Due to Prolonged Dry Spell

  • Extended dry conditions in key cocoa-producing regions raise concerns over 2023-24 harvest
  • Farmers and traders anxious as weather forecasts offer mixed signals

Abuja, Nigeria – Nigeria’s cocoa output for the 2023-24 season faces growing uncertainty as an extended dry spell disrupts the country’s key cocoa-producing regions, according to farmers and traders. The southwest, which accounts for over 60% of Nigeria’s cocoa production, has been particularly affected.

You need an active subscription to continue reading this article.

Recent Business

City of Kigali, Rwanda. Photo by Jean Claude Akarikumutima @ Unsplash
Rwanda’s banks hit $8bn as borrowers struggle under high interest rates
Read More »
A Nigerian teenager with his phone. Photo by Muhammad-Taha Ibrahim @ Unsplash
Nigerian fintech Moniepoint raises $200mn to expand footprint across Africa
Read More »
Roundabout in Yaounde, Cameroon @ Pexels
Cameroon hires Bloomfield for first CFA franc sovereign rating
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya faces political uncertainty after Raila Odinga’s death
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s opposition weakens as governors, lawmakers flock to ruling party
Read More »
Meknes, Morocco Photo @ Unsplash
Morocco’s Gen Z protests reignite nationwide for reform
Read More »

Latest Posts

Latest news insights