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The Latest Breaking News from Ghana

Cocoa Prices Pressured by Ideal Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -76 (-0.96%), and July ICE London cocoa #7 (CAN24 ) is up +142 (+1.85%). Cocoa prices today are mixed, with NY cocoa posting a 1-month low. Cocoa prices are being undercut by reports of beneficial growing weather in the Ivory Coast...

Barchart

Ghana's Cocoa Farmers Turn To Smuggling As Currency Falls

Ghanaian cocoa farmer Isaac Antwi says he has to smuggle his beans to Ivory Coast to sell them at a decent profit even as international prices for the commodity recently surged.

International Business Times

Cocoa Prices Settle Sharply Lower on Beneficial Weather in West Africa

September ICE NY cocoa (CCU24 ) on Monday closed down -985 (-11.06%), and July ICE London cocoa #7 (CAN24 ) closed down -638 (-7.68%). Cocoa prices Monday sold off sharply, with NY cocoa sinking to a 1-month low and London cocoa falling to a 2-1/2 week low. Reports of beneficial...

Barchart

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Cocoa Prices Plummet on Beneficial Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -997 (-11.20%), and July ICE London cocoa #7 (CAN24 ) is down -681 (-8.19%). Cocoa prices today have sold off sharply, with NY cocoa sinking to a 1-month low and London cocoa falling to a 2-1/2 week low. Reports of beneficial...

Barchart

Namibian Pride: activists hail overturning of law that banned same-sex acts between men.

A top court in Namibia has ruled colonial-era laws banning same-sex relationships were unconstitutional, in a case brought by a local LGBTQ+ activist. Also in the programme, Kenyan protesters call for a national shutdown to oppose new tax hikes. We also visit Sierra Leone's capital Freetown, where a chimpanzee refuge…

France 24

NY Cocoa Closes Lower on Chocolate Demand Concerns

July ICE NY cocoa (CCN24 ) on Friday closed down -603 (-6.28%), and July ICE London cocoa #7 (CAN24 ) closed up +96 (+1.17%). Cocoa prices Friday settled mixed, with NY cocoa falling to a 3-week low. Demand concerns are a negative factor for cocoa prices. On Wednesday, chocolate producer...

Barchart

Nico Williams gets royal assent after dynamic display shows Spain’s future

Winger took his Italian marker to pieces but has his father’s and older brother’s sacrifices to thank for his progress

The Guardian - UK

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NY Cocoa Retreats as Chocolate Demand is Projected to Weaken

July ICE NY cocoa (CCN24 ) today is down -705 (-7.35%), and July ICE London cocoa #7 (CAN24 ) is up +115 (+1.40%). Cocoa prices today are mixed, with NY cocoa falling to a 3-week low. Demand concerns are a negative factor for cocoa prices. On Wednesday, chocolate producer Nestle...

Barchart

Cocoa Prices Close Sharply Lower on Demand Concerns

July ICE NY cocoa (CCN24 ) on Thursday closed down -340 (-3.42%), and July ICE London cocoa #7 (CAN24 ) closed down -301 (-3.53%). Cocoa prices closed sharply lower on Thursday due to demand concerns. Chocolate producer Nestle SA said Wednesday that consumers will cut back on chocolate purchases as...

Barchart

Cocoa Prices Retreat on Demand Concerns

July ICE NY cocoa (CCN24 ) today is down -340 (-3.42%), and July ICE London cocoa #7 (CAN24 ) is down -301 (-3.53%). Cocoa prices today are sharply lower on demand concerns. Chocolate producer Nestle SA said Wednesday that consumers will cut back on chocolate purchases as the recent historic...

Barchart

Cocoa Prices Settle Higher on a Decline in Ivory Coast Cocoa Output

July ICE NY cocoa (CCN24 ) on Tuesday closed up +279 (+2.89%), and July ICE London cocoa #7 (CAN24 ) closed up +65 (+0.77%). Cocoa prices on Tuesday settled moderately higher. Lower cocoa production in the Ivory Coast, the world's largest producer, is a bullish price factor. Government data Tuesday...

Barchart

Cocoa Prices Move Higher on Reduced Cocoa Output in the Ivory Coast

July ICE NY cocoa (CCN24 ) today is up +274 (+2.84%), and July ICE London cocoa #7 (CAN24 ) is up +59 (+0.70%). Cocoa prices today are moving higher. Lower cocoa production in the Ivory Coast, the world's largest producer, is a bullish price factor. Government data today showed that...

Barchart

Cocoa Finishes Sharply Lower on Demand Concerns and Ghana Production Optimism

July ICE NY cocoa (CCN24 ) on Monday closed down -635 (-6.17%), and July ICE London cocoa #7 (CAN24 ) closed down -418 (-4.73%). Cocoa prices on Monday fell sharply for a second session. Cocoa is under pressure because of concerns that Q2 global cocoa demand reports being released early...

Barchart

Cocoa Prices Slump on Demand Concerns and Ghana 2024/25 Cocoa Production Optimism

July ICE NY cocoa (CCN24 ) today is down -532 (-5.17%), and July ICE London cocoa #7 (CAN24 ) is down -418 (-4.73%). Cocoa prices today are falling sharply for a second session. Cocoa is under pressure because of concerns that Q2 global cocoa demand reports being released early next...

Barchart

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The Conversation

Ghana’s economic crisis was caused by government borrowing - the central bank did the best it could: economist

Ghana is going through its worst economic crisis in a generation. The past two years have seen record high inflation in the country. Ghana’s central bank (the Bank of Ghana) has been criticised in some quarters for its role in the country’s economic malaise, which has hit the profitability of…

Barchart

Cocoa Prices Finish Sharply Lower as Dollar Strength Sparks Long Liquidation

July ICE NY cocoa (CCN24 ) on Friday closed down -516 (-4.77%), and July ICE London cocoa #7 (CAN24 ) closed down -198 (-2.19%). Cocoa prices Friday finished sharply lower. After the dollar index (DXY00 ) rallied to a 6-week high Friday, long liquidation emerged in cocoa futures. Also, heightened...

Barchart

Cocoa Prices Sink as Dollar Strength Sparks Long Liquidation

July ICE NY cocoa (CCN24 ) today is down -527 (-4.88%), and July ICE London cocoa #7 (CAN24 ) is down -218 (-2.41%). Cocoa prices today are sharply lower. Long liquidation emerged in cocoa futures today after the dollar index (DXY00 ) rallied to a 5-week high. Also, heightened political...

France 24

UN Security Council demands immediate end to siege of Sudan's El Fasher

The UN Security Council has called for an end to the RSF paramilitary's brutal siege of the Darfuri city of El Fasher. We hear rare testimony from one resident who managed to escape but whose family is still stuck in the gunfire and bombings. Also, it has been two years…

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Barchart

Cocoa Prices Push Higher as Global Cocoa Shortage Lingers

July ICE NY cocoa (CCN24 ) on Thursday closed up +271 (+2.57%), and July ICE London cocoa #7 (CAN24 ) closed up +376 (+4.34%). Cocoa prices Thursday extended this week's rally and posted 1-1/2 month highs. Concerns that the global cocoa shortage will persist are underpinning prices. Reuters reported Wednesday...

Barchart

Cocoa Prices Underpinned by Concern Global Cocoa Shortage to Persist

July ICE NY cocoa (CCN24 ) today is up +243 (+2.31%), and July ICE London cocoa #7 (CAN24 ) is up +364 (+4.20%). Cocoa prices today extended this week's rally and posted 1-1/2 month highs. Concerns that the global cocoa shortage will persist are underpinning prices. Reuters reported Wednesday that...

The Independent UK

How to experience Africa’s wildest coastline from the comfort of your balcony

With demand growing for more adventurous escapes, Mark Stratton sets sail on a new holiday at sea that takes travellers away from the usual tourist spots

France 24

Situation in Sudan's El Fasher a 'disaster', former MSF chief warns

In tonight's edition: As the World Health Organization warns of the prospect of mass starvation in war-stricken Sudan, we speak to the former director of Médecins Sans Frontières about the devastation being wrought on the Darfuri city of El Fasher. Also, as Ghana moves a step closer to unlocking millions…

Barchart

Cocoa Prices Settle Sharply Higher on Fears of a Prolonged Supply Shortage

July ICE NY cocoa (CCN24 ) on Wednesday closed up +629 (+6.35%), and July ICE London cocoa #7 (CAN24 ) closed up +546 (+6.73%). Cocoa prices rallied sharply on Wednesday to 6-week highs. Cocoa prices surged on concern about a prolonged shortage of cocoa supplies after Reuters reported Wednesday that...

Barchart

Cocoa Prices Surge on Fears of a Prolonged Supply Shortage

July ICE NY cocoa (CCN24) today is up +662 (+6.68%), and July ICE London cocoa #7 (CAN24) is up +556 (+6.85%). Cocoa prices today rallied sharply to 6-week highs. Cocoa prices are sharply higher on concern about a prolonged shortage of cocoa supplies after Reuters reported today that Ghana is...

The Conversation

Africa’s freeports should boost trade and foreign exchange earnings – but evidence is thin

The concept of a freeport – an area where normal tax and customs rules don’t apply – has existed for centuries. Over time, different terms have emerged. They include export processing zones, free trade zones, special economic zones and industrial free zones. West Africa has 29 free zones, spanning 11…

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