AFRICAN & MIDDLE EAST NEWS
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COCOBOD returns to profit with US$453.6M net earnings in 2025
Ghana’s cocoa regulator posted a major financial turnaround as higher cocoa purchases and sales lifted revenue, restored positive equity and improved key profitability indicators.
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ICCO cuts global cocoa surplus forecast to 37,000 T
Ghana and Côte d’Ivoire receive higher living-income reference prices as the global cocoa market faces changing production, demand and weather conditions.
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Five Southern African nations unites on customs data exchange to cut logistics costs
TMA Regional Director for Southern Africa, Hope Situmbeko, highlighted the impact of border delays on regional manufacturing and logistics costs.
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AGOA extension to 2028 offers tariff relief for Kenyan avocados, macadamias
Despite tariff relief, Kenyan fresh produce has historically struggled to enter the US market because of stringent non-tariff barriers.
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Ghana secures US$270M poultry investment to cut chicken imports, boost local production
The investment will develop an integrated poultry value chain spanning feed, hatcheries, farming, processing and cold-chain infrastructure while creating thousands of jobs.