Ivory Coast has been hit by heavy rainfalls in recent weeks which have led to flooding in some of their main cocoa regions. News reports from the past month have shown how the world’s top cocoa producer has been experiencing some heavy and abundant rainfalls, a phenomenon that usually occurs between April and mid-November every […]
COCOBOD hints of a likely upward adjustment of cocoa farmgate price in October
The price of cocoa in the international market has in recent times recorded a steady rise. Figures from International Cocoa Organization Market Report indicate that the global cocoa market has been experiencing increases in prices since April 2023 with a tonne of cocoa beans which was US$2,630 in London and US$2,868 in New York now […]
Ghana’s Gold and Oil export receipts jumped in 2022 whilst Cocoa export receipts declined
Ghana’s Gold and Oil export receipts jumped in 2022 whilst Cocoa export receipts declined. For decades, Ghana has been a commodity dependent country relying heavily on export revenues from the three major trading commodities: gold, cocoa and oil (since production commenced in 2011). Gold for decades remains the leading commodity export earner for the country. […]
The Sustainability Lie: Many companies in the cocoa and chocolate industry engaged in greenwashing – Cocoa Barometer 2022
The Sustainability Lie: Many companies in the cocoa and chocolate industry engaged in greenwashing – Cocoa Barometer 2022 The Cocoa Barometer 2022 report administered by the VOICE Network has indicated that many companies in the cocoa and chocolate industry are engaging in ‘greenwashing’. The report posits that if the generally accepted definition of sustainable development […]
Gold outperforms other major trading commodities in export receipts for the first half of the year
Gold outperforms other major trading commodities in export receipts for the first half of the year. Gold continues to make significant gains as the major contributor to Ghana’s export receipts. Available data from the Bank of Ghana (BoG) indicate that gold export receipts recorded at the end of June amounted to US$3.02 billion as compared […]