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Africa dominates cocoa production but earns less than 5% of global profits — here’s why

Despite being the world’s largest producer of cocoa, Africa is yet to fully capitalize on its position in the global cocoa industry. Producing around 70% of the world’s cocoa, the continent ...
Business Day

Cocoa, coffee farmers seek support amid price volatility

African Cocoa and coffee farmers are calling for urgent support from global stakeholders to mitigate the impact of price ...
Nasdaq

West African Cocoa Crop Optimism Weighs on Prices

September ICE NY cocoa (CCU25) Wednesday closed down -67 (-0.76%), and July ICE London cocoa #7 (CAN25) closed down -41 (-0.68%). Cocoa prices on Wednesday gave up an early advance and settled lower, ...
Nasdaq

West Africa Rain Pummels Cocoa Prices

July ICE NY cocoa (CCN25) Friday closed down -1,221 (-12.61%), and July ICE London cocoa #7 (CAN25) closed down -149 (-2.51%). Cocoa prices plummeted on Friday, with NY cocoa posting a 2-month low and ...
Idaho State Journal

Cocoa beans rot and West African farmers seek other options after commodity crash

KONA, Ghana (AP) — Manu Yaw Fofie was born into the cocoa farming business, but the land bequeathed to him has become more of a burden than a blessing. A sharp fall in cocoa prices over the past year ...
The Nation Newspaper

‘Two percent of African cocoa processed into finished products’

The International Cocoa Diplomacy (ICD) has called for collaborative action to enhance the quality of Cocoa production and value of Cocoa exports. Speaking at a joint briefing with the Lagos Chamber ...