Search

Nigeria’s 2024-2025 Cocoa Harvest Opens Amid Low Demand and High Interest Rates

  • Farmers struggle with inventory build-up as buyers face credit squeeze
  • Main-crop yields may be affected by inadequate rainfall

 Abuja, Nigeria – Nigeria’s 2024-2025 main-crop cocoa harvest has begun with farmers accumulating stockpiles amid low demand, as buyers grapple with a credit squeeze caused by high bank interest rates.

Recent Business

Busy street of Accra, Ghana. Photo by Jozua Douglas @ Pixabay
Foreign investors trim Ghana bond exposure as local banks anchor market liquidity
Read More »
Open mine site. Photo by Mining Watch @ Unsplash
Can copper and lithium reposition Africa in the 2026 global trade battle?
Read More »
Coffee Photo by Pariwat Pannium @ Unsplash
Uganda coffee exports hit $2.4bn, marking strongest decade for sector
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights