Rising global cocoa prices drive record export earnings across West Africa, offsetting declining production in key producing countries including Ghana and Côte d’Ivoire.
Authorities aim to grow aquaculture output to 35,000 tonnes by 2031
Ivory Coast is considering reforms to its cocoa marketing system after falling global prices created a surplus of unsold beans and reduced export competitiveness.
Ivory Coast reduces cocoa farmgate prices by nearly 60% as falling global markets and slowing exports force government intervention in the world’s largest cocoa-producing nation.
Price cut aims to ease surplus as global cocoa prices plunge 50% this year.