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The Latest Breaking News from Ghana

Cocoa Prices Climb as ICCO Survey Signals a Larger Global Cocoa Deficit

March ICE NY cocoa (CCH25 ) today is up +80 (+0.69%), and March ICE London cocoa #7 (CAH25 ) is up +29 (+0.32%). Cocoa prices are climbing today after the International Cocoa Organization (ICCO) said a survey of global cocoa stockpiles at the end of the 2023/24 season was at...

Barchart

Cocoa Prices Retreat on Chocolate Demand Concerns

March ICE NY cocoa (CCH25 ) Thursday closed down -123 (-1.05%), and March ICE London cocoa #7 (CAH25 ) closed down -164 (-1.75%). Cocoa prices settled moderately lower on Thursday as demand concerns sparked long liquidation. Chocolate maker Barry Callebaut reported a sales decline of -2.7% y/y for the November...

Barchart

Cocoa Prices Fade as Dollar Strength Induces Long Liquidation

March ICE NY cocoa (CCH25 ) today is down -111 (-0.95%), and March ICE London cocoa #7 (CAH25 ) is down -148 (-1.58%). Cocoa prices today are moderately lower as a stronger dollar induced long liquidation in cocoa futures. On Wednesday, NY cocoa posted a 2-week high, and London cocoa...

Barchart

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Cocoa Prices Supported by West African Crop Concerns

March ICE NY cocoa (CCH25 ) Wednesday closed up +116 (+1.00%), and March ICE London cocoa #7 (CAH25 ) closed up +107 (+1.16%). Cocoa prices Wednesday rose for the third consecutive session, with NY cocoa posting a 2-week high and London cocoa posting a 1-month high. Crop production concerns in...

Barchart

Dry Harmattan Winds Threaten West African Cocoa Crops

March ICE NY cocoa (CCH25 ) today is up +92 (+0.80%), and March ICE London cocoa #7 (CAH25 ) is up +118 (+1.28%). Cocoa prices today are climbing for the third consecutive session, with NY cocoa posting a 2-week high and London cocoa posting a 1-month high. Crop production concerns...

Barchart

Ghana steps up efforts to mend regional ties with Sahel alliance appointment

Ghana's President John Dramani Mahama has appointed a former national security chief as envoy to the alliance formed by Niger, Mali and Burkina Faso, signalling his administration's intention to mend ties with the three military-led nations.

Radio France Internationale

As gold prices surge, Ghana faces ‘looming crisis’ over illegal mining

Illegal and small-scale mining known as galamsey is contaminating the country’s rivers and soil, activists say.

Al Jazeera

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West African Cocoa Crop Concerns Boost Prices

March ICE NY cocoa (CCH25 ) Tuesday closed up +386 (+3.45%), and March ICE London cocoa #7 (CAH25 ) closed up +236 (+2.62%). Cocoa prices Tuesday rallied to 2-week highs on crop production concerns in West Africa. Some Ivory Coast and Ghana cocoa farmers have reported that cocoa trees are...

Barchart

Cocoa Prices Jump on West African Crop Concerns

March ICE NY cocoa (CCH25 ) today is up +324 (+2.90%), and March ICE London cocoa #7 (CAH25 ) is up +208 (+2.31%). Cocoa prices today jumped to 2-week highs and are sharply higher on crop production concerns in West Africa. Some Ivory Coast and Ghana cocoa farmers have reported...

Barchart

Seven Killed In Ghana Gold Mine Shootout

Learn about the tragic incident at a Ghanaian gold mine, shedding light on the persistent issue of illegal mining in the country.

Top News

Cocoa Prices Sharply Higher as Hershey Seeks CFTC Approval for a Huge Cocoa Purchase

March ICE NY cocoa (CCH25 ) Thursday closed up +474 (+4.53%), and March ICE London cocoa #7 (CAH25 ) closed up +289 (+3.39%). Cocoa prices rallied sharply Thursday as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due...

Barchart

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The Independent UK

Why was LA Mayor Karen Bass in Ghana as devastating wildfires broke out?

Los Angeles mayor set off for African nation on Saturday despite reports of possible fire weather the day prior

Barchart

Cocoa Prices Surge as Hershey Seeks a Large Cocoa Purchase Through ICE Exchange

March ICE NY cocoa (CCH25 ) today is up +466 (+4.46%), and March ICE London cocoa #7 (CAH25 ) is up +287 (+3.37%). Cocoa prices today are sharply higher as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange...

International Business Times UK

Karen Bass Slashed Firefighter Funding by £14M—Now Los Angeles is Burning Without Water

LA Mayor Karen Bass faces backlash for cutting the fire department budget by £14 million while attending Ghana's presidential inauguration, as Los Angeles battles its most destructive wildfires with limited resources and dry hydrants.

Barchart

Cocoa Prices Settle Sharply Lower as ICE Exchange Seeks to Tame Volatility

March ICE NY cocoa (CCH25 ) Wednesday closed down -757 (-6.75%), and March ICE London cocoa #7 (CAH25 ) closed down -494 (-5.48%). Cocoa prices tumbled to 1-week lows Wednesday and settled sharply lower after Intercontinental Exchange (ICE) took action in an attempt to curb market volatility. Long liquidation emerged...

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Cocoa Prices Tumble as ICE Exchange Seeks to Tame Volatility

March ICE NY cocoa (CCH25 ) today is down -789 (-7.04%), and March ICE London cocoa #7 (CAH25 ) is down -506 (-5.62%). Cocoa prices today tumbled to 1-week lows after Intercontinental Exchange (ICE) took action in an attempt to curb market volatility. Long liquidation emerged in cocoa futures today...

Top News

Los Angeles Mayor Criticized For Being Out Of Country

Los Angeles Mayor Karen Bass faces criticism for attending an inauguration in Ghana while wildfires rage in the city. Residents express concerns about her ...

Barchart

Cocoa Prices Post Moderate Losses on Dollar Strength

March ICE NY cocoa (CCH25 ) Tuesday closed down -167 (-1.47%), and March ICE London cocoa #7 (CAH25 ) closed down -21 (-0.23%). Cocoa prices posted moderate losses on Tuesday as a stronger dollar (DXY00 ) sparked long liquidation in cocoa futures. On Monday, cocoa prices climbed to 1-week highs...

Barchart

Dollar Strength Sparks Long Liquidation in Cocoa

March ICE NY cocoa (CCH25 ) today is down -151 (-1.33%), and March ICE London cocoa #7 (CAH25 ) is down -8 (-0.09%). Cocoa prices today are moderately lower as a stronger dollar sparks long liquidation in cocoa futures. On Monday, cocoa prices climbed to 1-week highs on concern slowing...

International Business Times

Ghana's John Mahama Sworn In After Presidential Comeback

Ghana on Tuesday swore in president-elect John Mahama in the capital Accra, with around 20 African leaders in attendance.

Radio France Internationale

John Mahama takes oath as Ghana's president amid severe economic crisis

The new Ghanaian president, John Mahama, is being sworn in this Tuesday, 7 January, in Accra, as the nation looks for solutions to its worst economic crisis in a generation.

Barchart

Cocoa Prices Settle Higher on Concern Global Supplies Will Tighten

March ICE NY cocoa (CCH25 ) Monday closed up +139 (+1.24%), and March ICE London cocoa #7 (CAH25 ) closed up +10 (+0.11%). Cocoa prices Monday climbed to 1-week highs on concern slowing Ivory Coast cocoa exports will tighten global supplies. While government data shows Ivory Coast farmers shipped 1.11...

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