Crisis in West Africa's Cocoa Industry Sparks Concerns of Sustained Increase in Chocolate Prices

Thursday, 28 March 2024, 13:12

The cocoa crisis in West Africa intensifies as Ghana and Ivory Coast, key cocoa producers, struggle with catastrophic harvests. Illegal mining activities contaminate farmlands, posing challenges for cocoa farmers like Janet Gyamfi. With over 60% of global cocoa supply at stake, the deepening crisis signals a prolonged period of rising chocolate prices.
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Crisis in West Africa's Cocoa Industry Sparks Concerns of Sustained Increase in Chocolate Prices

West Africa's Cocoa Crisis

Surveying the stripped landscape of her farm - dotted with pools of cyanide-tainted, tea-coloured waste water left by illegal gold miners - is enough to make Janet Gyamfi break down. Only last year, the 27-hectare plot in western Ghana was covered with nearly 6,000 cocoa trees.

Global Supply Impact

Long the world's undisputed cocoa powerhouses accounting for over 60% of global supply, Ghana and Ivory Coast are both facing catastrophic harvests this season.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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