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

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

Dulue Mbachu

Dulue Mbachu, an experienced journalist, covers business and politics for Allen Dreyfus.
  • 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.

Sign Up To Our Free Newsletter

Recent Business

Digital payments in Africa surges. Photo by Iqbal Nuril Anwar @ Pixabay
WAEMU goes digital to overhaul West Africa’s government bond trading
30/01/2026
1 day ago
Alhousseiny Djigo
Read More »
Critical mineral. Photo by Claudio Grande @ Unsplash
US–China minerals battle: Is Africa at the table or on the menu?
30/01/2026
1 day ago
Kent Mensah
Read More »
Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Ethiopia rolls out automated interbank FX platform to deepen market transparency
30/01/2026
1 day ago
Michael Masrie
Read More »
Custom Research

Recent Politics

Ghana ex-vice president Mahamudu Bawumia to lead opposition NPP in 2028 polls. Photo: Bawumia/Facebook page
Ghana opposition NPP re-elects Bawumia as flagbearer ahead of 2028 polls
31/01/2026
8 hours ago
Kent Mensah
Read More »
Raila Odinga was seen as the father of democracy in Kenya. Photo @ Raila Odinga/Facebook
Raila Odinga’s death exposes deep family rift inside Kenya’s opposition ODM
27/01/2026
4 days ago
Wanderi Kamau
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
22/01/2026
1 week ago
Wanderi Kamau
Read More »

Latest Posts

Latest news insights

Ghana ex-vice president Mahamudu Bawumia to lead opposition NPP in 2028 polls. Photo: Bawumia/Facebook page
Read More »
Ghana opposition NPP re-elects Bawumia as flagbearer ahead of 2028 polls
Digital payments in Africa surges. Photo by Iqbal Nuril Anwar @ Pixabay
Read More »
WAEMU goes digital to overhaul West Africa’s government bond trading
Critical mineral. Photo by Claudio Grande @ Unsplash
Read More »
US–China minerals battle: Is Africa at the table or on the menu?
Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Read More »
Ethiopia rolls out automated interbank FX platform to deepen market transparency
Digital payments in Africa surges. Photo by Iqbal Nuril Anwar @ Pixabay
Read More »
WAEMU goes digital to overhaul West Africa’s government bond trading
Critical mineral. Photo by Claudio Grande @ Unsplash
Read More »
US–China minerals battle: Is Africa at the table or on the menu?
Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Read More »
Ethiopia rolls out automated interbank FX platform to deepen market transparency
A busy street of Burkina Faso. Photo by MIGUEL BAIXAULI @ Unsplash
Read More »
Burkina Faso raises $150mn in oversubscribed WAEMU bond sale
Critical mineral. Photo by Claudio Grande @ Unsplash
Read More »
US–China minerals battle: Is Africa at the table or on the menu?
Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Read More »
Ethiopia rolls out automated interbank FX platform to deepen market transparency
A busy street of Burkina Faso. Photo by MIGUEL BAIXAULI @ Unsplash
Read More »
Burkina Faso raises $150mn in oversubscribed WAEMU bond sale
Aerial view of Nairobi, Kenya CBD at night. Photo by Click Smith @ Unsplash
Read More »
South Africa's Nedbank moves into East Africa with $5bn NCBA takeover bid