Search

Ghana Faces Unprecedented Crisis in Cocoa Industry

Allen dreyfus Logo
© Allen Dreyfus
  • Cocoa production plunges to 22-year low
  • COCOBOD initiates measures to combat challenges

Accra, Ghana – Ghana, the world’s second-largest cocoa producer, is facing an unprecedented crisis in its cocoa industry. The 2023/24 harvest yielded only 422,500 to 425,000 metric tons, about half of the country’s initial forecast and the lowest output in 22 years.

Recent Business

South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Africa’s new mineral deal: will G20 South Africa rewrite the rules?
Read More »
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
South Africa cuts interest rates as inflation eases and rand strengthens
Read More »
Mr. Denys Denya, Senior Executive Vice President at Afreximbank @ Afreximbank
Afreximbank posts strong nine-month earnings as assets rise to $42.9bn
Read More »

Recent Politics

South Africa President Cyril Ramaphosa. Photo: G20 Summit Flickr
“We’ll not be bullied” - Ramaphosa defies US boycott at G20 Summit
Read More »
Nnamdi Kanu (in trademark white turtle neck shirt) in court | File photo @ The Cable
Nigeria jails separatist leader Nnamdi Kanu for life, deepening tensions
Read More »
Fishing near the Indian Ocean. Photo by Egle Sidaraviciute @ Unsplash
Uganda’s Museveni sparks regional tensions with Indian Ocean claim
Read More »

Latest Posts

Latest news insights