Search

Ivory Coast Faces Cocoa Shortfall Stirring Global Supply Fears

  • Ivory Coast’s cocoa bean shortfall may reach up to 100,000 tons, straining global supply chains.
  • Prolonged dry spells and rising temperatures exacerbate production concerns.

 

Ivory Coast, the cornerstone of global cocoa production, faces a significant challenge as weather adversities threaten to induce a shortfall of 70,000 to 100,000 tons in cocoa bean production relative to the main-crop sales already contracted.

Recent Business

The streets of Congo. Photo by Lock Larsen Ansalla @ Pixabay
IMF backs DR Congo with $442mn as Eurobond plans take shape
Read More »
Dr. George Elombi, President of Afreximbank and Mr. Tony Elumelu, Chairman, Heirs Energies Limited with the signed agreement. Photo: Afreximbank
Afreximbank seals $750mn financing with Heirs Energies to boost Nigeria’s oil output
Read More »
Food items on sale. Photo by Viki Mohamad @ Unsplash
Morocco inflation turns negative as food prices slide
Read More »

Recent Politics

Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
Read More »
African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »

Latest Posts

Latest news insights