In the face of the cocoa crisis, Ivory Coast drastically reduces the purchase price for farmers
Ivory Coast has substantially reduced the purchase price of cocoa for farmers by over 57% amid an ongoing cocoa crisis.
In Côte d'Ivoire, the cocoa crisis reveals tensions within the sector
The cocoa crisis in Côte d'Ivoire has highlighted internal tensions as stakeholders navigate the sale of surplus stock from the previous season amid government assurances to purchase a significant amount of cocoa beans.
Ghana's cocoa crisis deepens as buyers owe banks $750 Million
Ghana's cocoa sector is facing a severe financial crisis with licensed cocoa buyers owing banks up to $750 million due to delayed payments and falling global prices.
Cocoa: Ghana reduces production price to try to overcome the sector crisis
Ghana has announced an urgent series of reforms, including a reduction in the production price of cocoa, to stabilize its struggling cocoa sector.
Ivory Coast: Government launches cocoa buyback scheme
The Ivory Coast government has initiated a cocoa buyback scheme to help producers get paid amidst a crisis of piling cocoa stocks caused by logistical issues and other factors.