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The Latest Breaking News from Ghana

Ghana’s fuel payment strategy works for now: how to fix longer term problems

Ghana introduced a new payment arrangement for petroleum imports in 2023, using gold instead of scarce US dollars. The policy was designed to ease pressure on the cedi by reducing the need for upfront dollar purchases to settle fuel import bills.

The Conversation

Cocoa Prices Fall on Tepid Global Demand

July ICE NY cocoa (CCN26 ) on Friday closed down -27 (-0.78%), and May ICE London cocoa #7 (CAK26 ) closed down -13 (-0.51%). Cocoa prices settled lower on Friday amid concerns about demand. Weak signs of chocolate demand are negative for cocoa prices after Circana last Tuesday reported that...

Barchart

Demand Concerns Weigh on Cocoa Prices

July ICE NY cocoa (CCN26 ) today is down -34 (-0.98%), and May ICE London cocoa #7 (CAK26 ) is down -18 (-0.71%). Cocoa prices are sliding today amid concerns about demand. Weak signs of chocolate demand are negative for cocoa prices. Circana reported last Tuesday that chocolate candy sales...

Barchart

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Heightened Supply Risks Boost Cocoa Prices

May ICE NY cocoa (CCK26 ) on Thursday closed up +30 (+0.90%), and May ICE London cocoa #7 (CAK26 ) closed up +19 (+0.76%). Cocoa prices settled higher on Thursday amid heightened concerns that a prolonged US-Iran war will keep the Strait of Hormuz closed and disrupt global cocoa supplies....

Barchart

Supply Risks Boost Cocoa Prices

May ICE NY cocoa (CCK26 ) today is up +24 (+0.72%), and May ICE London cocoa #7 (CAK26 ) is up +14 (+0.56%). Cocoa prices are moving higher today on concern that a prolonged US-Iran war will keep the Strait of Hormuz closed and disrupt global cocoa supplies. The closure...

Barchart

British widow scammed of up to £1m dies in Ghana crash after travelling to meet online lover

A British widow, Janet Fordham, tragically died in a road crash in Ghana after travelling to meet an online contact. She had previously lost up to £1 million to romance scams, leaving her financially devastated. Despite family warnings and bank restrictions, she continued sending money. Her journey to Ghana was…

The Times of India

Cocoa Prices Jump on Supply Disruption Fears

May ICE NY cocoa (CCK26 ) on Wednesday closed up +119 (+3.70%), and May ICE London cocoa #7 (CAK26 ) closed up +92 (+3.80%). Cocoa prices settled sharply higher on Wednesday on concern that a prolonged US-Iran war will keep the Strait of Hormuz closed and disrupt global cocoa supplies....

Barchart

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British woman died in Ghana trying to recoup money from scammers, inquest told

Janet Fordham died in crash after travelling to see man who claimed he would help to recover money from earlier scams

The Guardian - UK

Supply Risks Boost Cocoa Prices

May ICE NY cocoa (CCK26 ) today is up +131 (+4.07%), and May ICE London cocoa #7 (CAK26 ) is up +85 (+3.51%). Cocoa prices are sharply higher today on concern that a prolonged US-Iran war will keep the Strait of Hormuz closed and disrupt global cocoa supplies. The closure...

Barchart

Widow who lost life savings in romance scams ‘died in Ghana crash after traveling for marriage’

In October 2022, Janet Fordham flew to Ghana to meet a man who she was romantically linked to

The Independent UK

Dollar Strength and Abundant Supplies Knock Cocoa Prices Lower

May ICE NY cocoa (CCK26 ) on Tuesday closed down -78 (-2.37%), and May ICE London cocoa #7 (CAK26 ) closed down -51 (-2.06%). Cocoa prices retreated on Tuesday amid a stronger dollar ($DXY ) and signs of abundant supplies after ICE cocoa inventories rose to a 20-month high of...

Barchart

Cocoa Prices Fall on Dollar Strength and Abundant Supplies

May ICE NY cocoa (CCK26 ) today is down -72 (-2.18%), and May ICE London cocoa #7 (CAK26 ) is down -47 (-1.90%). Cocoa prices are falling today amid a stronger dollar ($DXY ) and signs of abundant supplies after ICE cocoa inventories rose to a 20-month high of 2,632,357...

Barchart

Ghana’s mining law aims to stop speculation but leaves communities in limbo – insights from a lithium case study

Ghana’s parliament ratified the country’s first lithium mining agreement in March 2026. This came three years after lithium mining was confirmed as commercially viable in September 2023.

The Conversation

Cocoa Prices Sharply Higher on Concerns Over Supply Disruptions

May ICE NY cocoa (CCK26 ) on Monday closed up +112 (+3.52%), and May ICE London cocoa #7 (CAK26 ) closed up +80 (+3.34%). Cocoa prices rose sharply on Monday amid concerns over global supply disruptions after Iran on Saturday said the Strait of Hormuz was closed to shipping following...

Barchart

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Barchart

Global Supply Disruptions Lift Cocoa Prices

May ICE NY cocoa (CCK26 ) today is up +107 (+3.36%), and May ICE London cocoa #7 (CAK26 ) is up +76 (+3.18%). Cocoa prices are climbing today amid concerns over global supply disruptions, after Iran on Saturday said the Strait of Hormuz was closed to shipping following the US...

Barchart

Weakness in Global Cocoa Demand Pressures Prices

May ICE NY cocoa (CCK26 ) on Friday closed down -181 (-5.38%), and May ICE London cocoa #7 (CAK26 ) closed down -104 (-4.17%). Cocoa prices settled sharply lower on Friday for a second day on signs of weak global demand. The National Confectioners Association reported that North American Q1...

Barchart

Cocoa Prices Plunge as Global Cocoa Demand Falters

May ICE NY cocoa (CCK26 ) today is down -152 (-4.51%), and May ICE London cocoa #7 (CAK26 ) is down -96 (-3.85%). Cocoa prices are sharply lower today for a second day on signs of weak global demand. The National Confectioners Association reported that North American Q1 cocoa grindings...

The Conversation

The IMF enjoys preferred creditor status: why it shouldn’t be the judge when it comes to other lenders

The International Monetary Fund (IMF) should not be an arbiter of discussions about which other multilateral financial institutions should qualify for preferred creditor status. This is because the IMF is a direct beneficiary of the creditor hierarchy policy.

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Newslaundry

Indian firms dumped Rs 1,000 crore of unapproved opioid pills into West Africa’s drug crisis

This article is the result of a collaboration with Netherlands-based open-source media outlet Bellingcat. Read Bellingcat’s editorially independent coverage here.

Barchart

Global Demand Concerns Undercut Cocoa Prices

May ICE NY cocoa (CCK26 ) on Thursday closed down -110 (-3.16%), and May ICE London cocoa #7 (CAK26 ) closed down -60 (-2.35%). Cocoa prices fell sharply on Thursday amid concerns about global demand. The European Cocoa Association reported Thursday that Q1 European cocoa grindings fell -7.8% y/y to...

Barchart

Cocoa Prices Decline as Q1 European Cocoa Grindings Falter

May ICE NY cocoa (CCK26 ) today is down -116 (-3.34%), and May ICE London cocoa #7 (CAK26 ) is down -62 (-2.43%). Cocoa prices are sliding today amid concerns about global demand. The European Cocoa Association reported today that Q1 European cocoa grindings fell -7.8% y/y to 325,895 MT,...

Barchart

Hedge Selling Weighs on Cocoa Prices

May ICE NY cocoa (CCK26 ) on Wednesday closed down -80 (-2.25%), and May ICE London cocoa #7 (CAK26 ) closed down -56 (-2.14%). Cocoa prices fell from 1.75-month highs on Wednesday and settled lower, as the recent rally has sparked hedge selling among cocoa producers and traders. The Ivory...

Barchart

Cocoa Prices Retreat as Higher Prices Spark Hedge Selling by Producers

May ICE NY cocoa (CCK26 ) today is down -93 (-2.61%), and May ICE London cocoa #7 (CAK26 ) is down -75 (-2.87%). Cocoa prices fell from 1.75-month highs and turned lower today, as the recent rally has sparked hedge selling among cocoa producers and traders. The Ivory Coast's Le...

The Guardian - UK

A ruined building, five Ghanaians and an elegant horse: Ron Timehin’s best photograph

‘I went to this tourist resort in Accra wanting to show how the people who live there fish, play – and rest. Africans aren’t often portrayed in this way. And the horse pulls it all together!’

Barchart

Hopes for a Demand Recovery Stokes a Rally in Cocoa Prices

May ICE NY cocoa (CCK26 ) on Tuesday closed up +279 (+8.51%), and May ICE London cocoa #7 (CAK26 ) is up +161 (+6.57%). Cocoa prices rallied sharply on Tuesday to 1.75-month highs on hopes that the recent plunge in prices sparked a rebound in cocoa demand. On Tuesday, Malaysia...

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