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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
Ghana Marshals Local Cocoa Processors As It Eyes $3-Trillion AfCFTA Market
Ghana has been growing cocoa for about one and half centuries. Once the world's number one producer of cocoa beans, it lost that spot to neighbouring Ivory Coast.
The nature of the country's cocoa economy has barely changed since the…
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Mondelēz Partners Olam To Create World’s Largest Cocoa Farm In Indonesia
Global snacking giant, Mondelēz International and Olam, a leading supplier of cocoa beans and cocoa ingredients, have teamed up to create a 2000-hectare sustainable commercial cocoa farm in Indonesia.
The world's single largest commercial…
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Ivory Coast Cuts Farmgate Price Of Cocoa By 9% And Here’s Why
World's number one cocoa beans producer - Ivory Coast - has reduced its farmgate price for the commodity by 9 percent, according to International Cocoa Organisation (ICCO)'s Cocoa Market Report for March 2021.
This price reduction means…
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EU, Ghana Engage At First Multi-Stakeholder Roundtable On Sustainable Cocoa
The Delegation of the European Union (EU) to Ghana, Ghana’s Ministry of Employment and Labour Relations and COCOBOD, have held the first multi-stakeholder roundtable on sustainable cocoa in Accra.
A statement issued by the three…
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European Union Threatens Import Ban On Ghana’s Cocoa
The European Union has threatened to impose import restrictions on Ghana's cocoa entering its jurisdiction over deforestation and child labour concerns.
A Deputy Chief Executive of Ghana Cocoa Board, in charge of Agronomy and Quality…
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European Union Threatens To Boycott Ghana Cocoa Over Deforestation
The European Union is threatening to stop the purchase of cocoa from Ghana because of deforestation and child labour.
The Deputy Chief Executive Officer of the Ghana Cocoa Board in charge of Agronomy and Quality Control, Dr Emmanuel A.…
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Olam To Cut Supply Ties With Some Cocoa Traders Over New EU Law
Global commodities giant Olam has said cutting ties with some unaffiliated exporters, traders and cocoa farmers in its supply chain may be inevitable in the nearest future, Reuters has reported.
According to the report the move comes on…
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Cocoa Life Ghana To Pay Over $6 Million In Premium For 2020/21 Season
Partner cocoa farmers of Cocoa Life Ghana, Mondelēz International's sustainability program, will receive over 6 million dollars in premium payment for the 2020/2021 crop season.
This year's total premium of $6,115,000 marks a 14 percent…
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COVID-19: Speakers Discuss The Pandemic’s Impact In Ghana
Prof. Joseph Assan (Heller) spoke at a virtual Heller School for Social Policy and Management event on March 24 about how the COVID-19 pandemic has impacted “livelihood sustainability and human wellbeing.”
Hosted by the Center for…
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India – Future Eldorado For The Global Cocoa Industry
As cocoa consumption slows in developed countries, companies in the chocolate value chain are looking for other sources of growth.
In the list of potential new outlets, India occupies a major place. Analysts say the world's largest…
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