Search

Nigeria’s Cocoa Output at Risk Due to Prolonged Dry Spell

  • Extended dry conditions in key cocoa-producing regions raise concerns over 2023-24 harvest
  • Farmers and traders anxious as weather forecasts offer mixed signals

Abuja, Nigeria – Nigeria’s cocoa output for the 2023-24 season faces growing uncertainty as an extended dry spell disrupts the country’s key cocoa-producing regions, according to farmers and traders. The southwest, which accounts for over 60% of Nigeria’s cocoa production, has been particularly affected.

Recent Business

Overview of the Central Business District in Gaborone, Botswana. Photo by Justice Hubane @ Unsplash
Botswana inflation eases to 3.8% in November as fuel prices stabilise
Read More »
Street of Rwanda. Photo by Dieuvain Musaghi @ Unsplash
Rwanda reopens 15-year bond worth $35mn to deepen capital markets
Read More »
Maintenance of electricity transmission lines. Photo by Mario Spencer @ Unsplash
Europe-backed lender makes Africa debut with $35mn Benin power deal
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