Search

Ghana’s Cocoa Industry Faces Revenue Decline Amid Bean Shortage

Allen dreyfus Logo
© Allen Dreyfus
  • Ghana’s cocoa export earnings fell by 8.9% last year, exacerbated by an ongoing shortage impacting local processors.
  • Cocobod strategizes to mitigate bean scarcity and bolster production, despite challenges from disease and smuggling.

 

Ghana’s export sector is bracing for a potential second-year revenue slump as local cocoa processing companies grapple with an ongoing shortage of beans.

Recent Business

Reserve Bank Governor Lesetja Kganyago. Photo @ Facebook/Reserve Bank of SA
South Africa’s reform gains face global debt storm and escalating Middle East conflict
Read More »
Safaricom Ethiopia making waves. Photo @ Safaricom Ethiopia/Facebook
How Safaricom is turning Ethiopia into Africa’s next telecom power centre
Read More »
Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Barrick’s gold, copper surge exposes Africa as battleground for mineral supremacy
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Could Uganda’s sovereignty law become Africa’s next democratic flashpoint?
Read More »
The Prime Minister of India, Shri Narendra Modi visiting Sri Venkateswara Swamy Temple. Photo @ Wikimedia Commons
India’s Horn of Africa strategy has shifted: what it’s trying to do and how it could work
Read More »
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »

Latest Posts

Latest news insights