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Trade
Trade is a category that focuses on trade and investment in broad terms and also touching on contracts, futures, prices, exports, etc as well as financing activities like loans, investments, capital injection, mergers, etc
EU Council Approves Deforestation Regulation For Enforcement
The Council of the European Union has given its final approval for its Deforestation Regulation aimed at reducing deforestation associated with key EU market imports.
The regulation is targeted at cocoa, palm oil, cattle, wood, coffee,…
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Chocolate Giants Reap Super Profits As Cocoa Farmers Drown In Poverty
• Ghanaian cocoa farmers’ paltry incomes fell on average by 16 percent since the start of the pandemic —while the confectionary profits of the four biggest public chocolate corporations on average jumped by the exact same rate.
• Chocolate…
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Over 95% of Ghana Cocoa Safe From EU Ban
Cocoa farmers in Ghana can heave a sigh of relief as the European Union (EU) has clarified that the majority of cocoa from the West African country is at no risk of an EU market ban.
Legislation passed in December by the EU parliament…
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Ghana Diversifies 30% of Cocoa Exports To New Markets By 2027
Ghana will cut back 30% of cocoa exports to Europe and America onto emerging markets in Africa, the Middle East and South East Asia in line with a 5-year market diversification strategy, a source has hinted to Cocoa Post.
The plan seeks…
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African Countries Secure Zero Tariff On Exports To China Market
With effect from 1 December, China granted a zero-tariff condition to 98% of taxable products from 10 least-developed countries, most of them African, in what it said was aimed at promoting an open global economy.
In a statement, Beijing…
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New Expert Group To Explore Solution To Cocoa Price Standoff
A new stakeholder expert group has been constituted to explore a lasting solution to the cocoa price standoff between West African producers and buyers.
Announcing the move, the Cote d'Ivoire-Ghana Cocoa Initiative (CIGCI) said the…
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Ghana, Ivory Coast Boycott Brussels Sustainability Meeting Over Cocoa Price
Ivory Coast and Ghana will not be attending the World Cocoa Foundation Partnership Meeting scheduled to be held in Brussels from October 26-27.
The meeting which is the leading global conference on cocoa sustainability will miss the…
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Nigeria, Cameroon Initiate Process To Join Cote d’Ivoire-Ghana Cocoa Initiative
Nigeria and Cameroon are reported to have formally requested to join the Cote d’Ivoire-Ghana Cocoa Initiative (CIGCI), an alliance advancing the interests of the two leading cocoa producers in the world.
According to officials, the two…
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Ghana Hopeful To Meet EU Due Diligence With Cocoa Management System
The Government of Ghana through the Ghana Cocoa Board is developing a Cocoa Management System, CMS, to enable Ghana to meet the European(EU) due diligence requirements, Minister for Food and Agriculture, Hon. Dr Owusu Afriyie Akoto has…
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Niche Cocoa Opens Largest African Food And Beverage Company In US History
Ghana's Niche Cocoa Industry is set to open the largest African-origin food and beverage company in the history of the United States of America.
The Ghanaian cocoa processing giant is currently in the process of turning a…
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