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The Latest Breaking News from Ghana

Cocoa Prices End Sharply Lower as Cameroon Boosts Cocoa Output

September ICE NY cocoa (CCU24 ) on Thursday closed down -408 (-4.75%), and September ICE London cocoa #7 (CAU24 ) closed down -246 (-3.73%). Cocoa prices Thursday sold off sharply after Cameroon's National Cocoa and Coffee Board reported that 2023/24 (Aug/July) Cameroon cocoa production rose +1.2% y/y to 266,725. Cameroon...

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Cocoa Prices Retreat on Strong Cocoa Production in Cameroon

September ICE NY cocoa (CCU24 ) today is down -268 (-3.12%), and September ICE London cocoa #7 (CAU24 ) is down -237 (-3.59%). Cocoa prices today are sharply lower after Cameroon's National Cocoa and Coffee Board reported that 2023/24 (Aug/July) Cameroon cocoa production rose +1.2% y/y to 266,725. Cameroon is...

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Cocoa Closes Sharply Higher on Lower Global Production and Tight Supplies

September ICE NY cocoa (CCU24 ) on Wednesday closed up +363 (+4.41%), and September ICE London cocoa #7 (CAU24 ) closed up +101 (+1.56%). Cocoa prices Wednesday extended this week's sharp rally, with NY cocoa posting a 1-1/2 month high and London cocoa posting a 2-week high. Lower cocoa production...

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Cocoa Prices Surge on Lower Global Production and Tight Supplies

September ICE NY cocoa (CCU24 ) today is up +642 (+7.81%), and September ICE London cocoa #7 (CAU24 ) is up +298 (+4.59%). Cocoa prices today have extended this week's sharp rally, with NY cocoa posting a 1-1/2 month high and London cocoa posting a 2-week high. Lower cocoa production...

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Cocoa Finishes With Sharp Gains on Reduced Cocoa Output in the Ivory Coast

September ICE NY cocoa (CCU24 ) on Tuesday closed up +322 (+4.08%), and September ICE London cocoa #7 (CAU24 ) closed up +208 (+3.31%). Cocoa prices Tuesday rose sharply for a second session, with NY cocoa posting a 1-1/2 week high. Lower cocoa production in the Ivory Coast, the world's...

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Cocoa Rallies on Reduced Cocoa Output in the Ivory Coast

September ICE NY cocoa (CCU24 ) today is up +272 (+3.44%), and September ICE London cocoa #7 (CAU24 ) is up +158 (+2.51%). Cocoa prices today are sharply higher for a second session, with NY cocoa posting a 1-1/2 week high. Lower cocoa production in the Ivory Coast, the world's...

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Cocoa Prices Settle Sharply Higher on Smaller Ivory Coast Cocoa Shipments

September ICE NY cocoa (CCU24 ) on Monday closed up +381 (+5.07%), and September ICE London cocoa #7 (CAU24 ) closed up +260 (+4.32%). Cocoa prices recovered from 1-month lows on Monday and rallied sharply. Short-covering emerged Monday to push cocoa prices sharply higher on lower cocoa production in the...

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Cocoa Prices Rebound on Smaller Ivory Coast Cocoa Shipments

September ICE NY cocoa (CCU24 ) today is up +369 (+4.91%), and September ICE London cocoa #7 (CAU24 ) is up +260 (+4.32%). Cocoa prices today recovered from 1-month lows and are sharply higher. Short-covering emerged today to push cocoa prices higher on lower cocoa production in the Ivory Coast,...

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Data protection is poor for African farmers who use digital services: Kenya and Ghana cases highlight gaps

Across Africa, agricultural producers are turning to digital solutions to get information about farming methods, market access or financial services. By 2022, there were 666 of these solutions operating on the continent, the highest number among all low- and medium-income regions.

The Conversation

Young, urban, African: research explores what it means to be a good citizen in Ghana, Uganda and Tanzania

Young people between the ages of 18 and 35 make up two-thirds of Africa’s population. The number is expected to reach 75% by 2030. They live in an environment of rapid urbanisation, high unemployment rates and poor state services. These are some of the factors that incline young people towards…

The Conversation

Weak Chocolate Demand Weighs on Cocoa Prices

September ICE NY cocoa (CCU24 ) on Friday closed down -42 (-0.56%), and September ICE London cocoa #7 (CAU24 ) closed up +20 (+0.33%). Cocoa prices Friday settled mixed. Cocoa prices Friday extended this week's slide to 1-month lows on global cocoa demand concerns after Hershey, the world's fourth-largest chocolate...

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Cocoa Prices Pressured by Demand Concerns

September ICE NY cocoa (CCU24 ) today is down -38 (-0.50%), and September ICE London cocoa #7 (CAU24 ) is up +33 (+0.55%). Cocoa prices today are mixed. Cocoa prices today extended this week's slide to 1-month lows on global cocoa demand concerns after Hershey, the world's fourth-largest chocolate producer,...

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Cocoa Prices Plummet as Consumers Cut Chocolate Purchases

September ICE NY cocoa (CCU24 ) on Thursday closed down -530 (-6.55%), and September ICE London cocoa #7 (CAU24 ) closed down -423 (-6.58%). Cocoa prices plummeted Thursday, with NY cocoa posting a 3-week low and London cocoa posting a 4-week low. Global cocoa demand concerns hammered cocoa prices Thursday...

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Cocoa Prices Plummet as Hershey Sees Chocolate Demand Weakening

September ICE NY cocoa (CCU24 ) today is down -530 (-6.55%), and September ICE London cocoa #7 (CAU24 ) is down -411 (-6.39%). Cocoa prices today are plummeting, with NY cocoa falling to a 3-week low and London cocoa dropping to a 4-week low. Global cocoa demand concerns are hammering...

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The Conversation

Ghana elections: ethnicity is not allowed in the country’s politics, yet it still helps shape outcomes

Ghana, which has more than 70 ethnic groups, has been among the most stable democracies in Africa since 1992. It has achieved this by outlawing the use of ethnicity in party politics. The 1992 constitution bars the explicit use of social identities in party politics. That includes ethnic group names,…

Radio France Internationale

EU creates €32 million fund to boost drug and vaccine production in Ghana

The European Union (EU) has announced a 32 million euro initiative aimed at enhancing vaccine production in Ghana. The announcement was made during the Ghana-EU Business Forum held in Accra.

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Cocoa Prices Finish Lower on Optimism Over Next Season's Cocoa Crop

September ICE NY cocoa (CCU24 ) on Wednesday closed down -44 (-0.54%), and September ICE London cocoa #7 (CAU24 ) closed down -121 (-1.85%). Cocoa prices on Wednesday settled moderately lower due to an improving outlook for the next cocoa season in West Africa. The end of the El Nino...

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Cocoa Prices Pressured by Optimism Over Next Season's Cocoa Crop

September ICE NY cocoa (CCU24 ) today is down -85 (-1.04%), and September ICE London cocoa #7 (CAU24 ) is down -148 (-2.26%). Cocoa prices today are under pressure due to an improving outlook for the next cocoa season in West Africa. The end of the El Nino weather pattern,...

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Cocoa Finishes Sharply Higher on Crop Concerns in West Africa

September ICE NY cocoa (CCU24 ) Tuesday closed up +420 (+5.44%), and September ICE London cocoa #7 (CAU24 ) closed up +220 (+3.48%). Cocoa prices closed sharply higher on Tuesday and recovered from Monday's losses. Cocoa prices rallied Tuesday as increasing rains in West Africa are leaving cocoa plantations more...

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Cocoa Rallies as Wet Weather in West Africa May Spread Disease to Cocoa Crops

September ICE NY cocoa (CCU24 ) today is up +488 (+6.32%), and September ICE London cocoa #7 (CAU24 ) is up +272 (+4.30%). Cocoa prices today are sharply higher and recovered Monday's losses. Cocoa prices are rallying today as increasing rains in West Africa are leaving cocoa plantations more susceptible...

The Guardian - UK

Ebike entrepreneur Valeria Labi: ‘If I see a problem and I think it can be solved, I follow that thread’

The British-born businesswoman behind Ghana’s first electric bike is out to woo Africa’s delivery riders away from costly and polluting petrol while cutting carbon emissions

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Cocoa Prices Close Sharply Lower on an Improving Cocoa Production Outlook

September ICE NY cocoa (CCU24 ) on Monday closed down -322 (-4.01%), and September ICE London cocoa #7 (CAU24 ) closed down -187 (-2.87%). Cocoa prices fell sharply on Monday, with NY cocoa posting a 1-week low. An improving outlook for the next cocoa season in West Africa is weighing...

Barchart

Cocoa Prices Retreat on an Improving Cocoa Production Outlook

September ICE NY cocoa (CCU24 ) today is down -253 (-3.15%), and September ICE London cocoa #7 (CAU24 ) is down -187 (-2.87%). Cocoa prices today are sharply lower, with NY cocoa falling to a 1-week low. An improving outlook for the next cocoa season in West Africa is weighing...

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Cocoa Prices Rally as Volatility Continues

September ICE NY cocoa (CCU24 ) is up +231 (+2.96%), and September ICE London cocoa #7 (CAU24 ) is up +120 (+1.88%). Cocoa prices today are trading sharply higher as volatility continues in summer trading. Cocoa prices on Monday rallied sharply on concern about Ghana's plan to ration cocoa supplies...

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Cocoa Prices Continue to Fall Back on Demand Concerns

September ICE NY cocoa (CCU24 ) today is down -399 (-4.85%), and September ICE London cocoa #7 (CAU24 ) is down -269 (-4.03%). Cocoa prices on Thursday continued to fall back on long liquidation pressure after Monday's extraordinary rallies of +9.22% in NY cocoa and +7.95% in London cocoa. Cocoa...

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