Nigerian agribusiness giant Johnvents Industries Limited has secured a $40.5 million investment from the United Kingdom’s development finance institution to expand its cocoa processing capacity to...
Cocoa futures dropped to their lowest levels in more than a week as traders reassessed their positions following regulatory adjustments by Intercontinental Exchange Inc. (ICE). The...
As the October cocoa harvest approaches, optimism is growing among West African farmers buoyed by soaring cocoa prices. However, the industry faces persistent challenges, particularly from...
Once a bustling sector, Nigeria’s cocoa processing industry has hit a distressing low with operational factories dwindling from 15 to just five. The cocoa industry, once...
Cocoa processing slowed last quarter and industry experts warn a steeper decline is looming as the ripple effects of skyrocketing cocoa prices hit chocolatiers globally. Despite...
The cocoa market is experiencing an unprecedented surge with prices poised to shatter the $15,000 per ton barrier. The cocoa industry, already reeling from supply shortages...
Cocoa futures in New York have reached a historic pinnacle with the most-active contract hitting an all-time high of $11,578 a metric ton in early trading...
A quiet revolution is underway in Cameroon as farmers enticed by soaring cocoa prices are abandoning traditional crops to embrace the lucrative world of cocoa farming....
Nigeria has always had rich and abundant resources. The reason local goods have not been acceptable in the international market was not because of any defect...
About 68,000 Cocoa Farmers in Osun, Ekiti, Abia, Cross River, Akwa Ibom and Ondo States will benefit from the United States $22 Million Food Project.