Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa

Nigeria Sets Ambitious Cocoa Production Target for 2025

Vincent Nwanma

Vincent Nwanma is a seasoned analyst, columnist, and reporter with over 30 years of experience in business and economics journalism across Nigeria and Africa.
  • Aims to increase cocoa output to 500,000 metric tons by 2025
  • Strategic partnerships and investment driving growth

Lagos, Nigeria – Nigeria has set an annual target of 500,000 metric tons of cocoa output by 2025, up from the 340,000 metric tons it produced in 2022. The Permanent Secretary in the Federal Ministry of Industry, Trade, and Investments, Ambassador Nura Rimi, disclosed Tuesday.

Stay ahead with Real time Updates

Recent Business

Bond trading. @ Unsplash
Mali defies political risk with oversubscribed $73mn WAEMU bond sale
01/12/2025
13 hours ago
Kingsley Kobo
Read More »
Photo by Crystalweed cannabis @ Unsplash
South Africa eyes $11bn hemp market by enacting cannabis plant law
01/12/2025
15 hours ago
Vitalio Angula
Read More »
Kampala, Uganda. Photo by Random Institute @ Unsplash
World Bank lifts Uganda funding ban, unlocking $2.76bn amid debt alarms
01/12/2025
17 hours ago
Esther Mubiru
Read More »
Custom Research

Recent Politics

Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
28/11/2025
3 days ago
Alhousseiny Djigo
Read More »
A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools in northern region as mass kidnappings surge
25/11/2025
6 days ago
Vincent Nwanma
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
24/11/2025
1 week ago
Kent Mensah
Read More »

Latest Posts

Latest news insights

Bond trading. @ Unsplash
Read More »
Mali defies political risk with oversubscribed $73mn WAEMU bond sale
Photo by Crystalweed cannabis @ Unsplash
Read More »
South Africa eyes $11bn hemp market by enacting cannabis plant law
Kampala, Uganda. Photo by Random Institute @ Unsplash
Read More »
World Bank lifts Uganda funding ban, unlocking $2.76bn amid debt alarms
Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Read More »
Botswana trade deficit widens to $141mn as diamonds dominate exports
Photo by Crystalweed cannabis @ Unsplash
Read More »
South Africa eyes $11bn hemp market by enacting cannabis plant law
Kampala, Uganda. Photo by Random Institute @ Unsplash
Read More »
World Bank lifts Uganda funding ban, unlocking $2.76bn amid debt alarms
Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Read More »
Botswana trade deficit widens to $141mn as diamonds dominate exports
Petralon's operational milestone was reinforced by the visit of the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, to Dawes Island. Photo @ Petralon Energy.
Read More »
Nigeria oil output drive gains steam as Petralon advances Dawes Island drilling
Kampala, Uganda. Photo by Random Institute @ Unsplash
Read More »
World Bank lifts Uganda funding ban, unlocking $2.76bn amid debt alarms
Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Read More »
Botswana trade deficit widens to $141mn as diamonds dominate exports
Petralon's operational milestone was reinforced by the visit of the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, to Dawes Island. Photo @ Petralon Energy.
Read More »
Nigeria oil output drive gains steam as Petralon advances Dawes Island drilling
Afreximbank staff led by Senior Executive Vice President, Denys Denya (in grey suit) with SMBC Nikko at Kanazawa Branch, Japan
Read More »
Afreximbank raises $527mn in Japan as investor demand surges