Search

Rainfall Brings Relief to West African Cocoa Farmers After Record Heat

Allen dreyfus Logo
© Allen Dreyfus
  • Increased rainfall and cooler temperatures improve cocoa crop prospects in West Africa
  • Authorities forecast cocoa exports to drop to 1.7 million tons for the 2023-24 season

 

An increased frequency of rain showers and cooler weather is replacing the record heat that devastated the cocoa crop across West Africa earlier this year, boosting the outlook for the main harvest, according to farmers and traders.

Recent Business

China trades with Africa . Photo by Wolfgang Weiser @ Unsplash
Mauritania secures $1bn trade finance deal to boost economic growth
Read More »
Food prices drive up inflation. Photo by Kamran Chaudhry @ Unsplash
Egypt inflation rebounds as food prices push urban CPI higher
Read More »
A farmer picking cocoa in the field. Photo @ Pexels
Nigeria cocoa trader Sunbeth raises $118mn in oversubscribed commercial paper deal
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »

Latest Posts

Latest news insights