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The Latest Breaking News from Ghana

Weakness in Global Demand Weighs on Cocoa Prices

December ICE NY cocoa (CCZ25 ) today is down -91 (-1.52%), and December ICE London cocoa #7 (CAZ25 ) is down -70 (-1.67%). Cocoa prices fell from 1-week highs today and moved lower on signs that global cocoa demand has weakened. The Cocoa Association of Asia reported that Q3 Asia...

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Cocoa Prices Rally as European Cocoa Demand Falls Less Than Expected

December ICE NY cocoa (CCZ25 ) on Thursday closed up +182 (+3.13%), and December ICE London cocoa #7 (CAZ25 ) closed up +107 (+2.62%). Cocoa prices rose to 1-week highs on Thursday and settled sharply higher on signs that an expected decline in global cocoa demand may not be as...

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Cocoa Prices Rebound as Q3 European Cocoa Demand Not as Bad as Feared

December ICE NY cocoa (CCZ25 ) today is up +218 (+3.75%), and December ICE London cocoa #7 (CAZ25 ) is up +141 (+3.45%). Cocoa prices are sharply higher today and posted 1-week highs on signs that an expected decline in global cocoa demand may not be as bad as initially...

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Demand Concerns and Ample Supplies Pressure Cocoa Prices

December ICE NY cocoa (CCZ25 ) on Wednesday closed down -90 (-1.53%), and December ICE London cocoa #7 (CAZ25 ) closed down -115 (-2.73%). Cocoa prices settled sharply lower on Wednesday, but remained above the significant lows reached on Monday. Concerns about weak global cocoa demand weighed on prices on...

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Cocoa Prices Tumble on Signs of Weak Global Demand

December ICE NY cocoa (CCZ25 ) today is down -85 (-1.44%), and December ICE London cocoa #7 (CAZ25 ) is down -98 (-2.33%). Cocoa prices are sliding today, but remain above the significant lows reached on Monday. Concerns about weak global cocoa demand are weighing on prices today. Malaysia's Q3...

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Ghana rights group files lawsuit against government's acceptance of US deportees

A rights group in Ghana has filed a lawsuit against the government seeking to block its arrangement with Washington to accept West Africans deported from the United States

The Independent UK

Cocoa Prices Finish Higher as a Weak Dollar Spurs Short Covering

December ICE NY cocoa (CCZ25 ) on Tuesday closed up +77 (+1.32%), and December ICE London cocoa #7 (CAZ25 ) closed up +51 (+1.23%). Cocoa prices closed higher on Tuesday as a weaker dollar spurred short covering in cocoa futures. On Monday, cocoa prices extended their two-month-long decline, with NY...

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Dollar Weakness Sparks Light Short Covering in Cocoa Futures

December ICE NY cocoa (CCZ25 ) today is up +74 (+1.27%), and December ICE London cocoa #7 (CAZ25 ) is up +44 (+1.06%). Cocoa prices are moving higher today as a weaker dollar sparks some short covering in cocoa futures. On Monday, cocoa prices extended their two-month-long decline with NY...

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Accra law firm challenges Ghana-US migration deal before Supreme Court

Ghanaian lawyers have filed a petition before the country's highest court seeking the suspension of a bilateral migration agreement with the US. They claim the deal contradicts international treaties to which Ghana is a signatory and that since it has not been ratified by parliament, the executive is acting outside…

Radio France Internationale

ICE's use of full-body restraints during deportations raises concerns over inhumane treatment

U.S. Immigration and Customs Enforcement officers have been using a full-body restraint device called the WRAP during deportations

The Independent UK

Cocoa Prices Pressured as Supply Fears Wane and Demand Remains Tepid

December ICE NY cocoa (CCZ25 ) on Monday closed down -26 (-0.44%), and December ICE London cocoa #7 (CAZ25 ) closed up +23 (+0.56%). Cocoa prices on Monday settled mixed. Prices extended their two-month-long decline on Monday, with NY cocoa falling to a 20-month nearest-futures low and London cocoa posting...

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Cocoa Prices Extend Their Slump on Ample Supply and Weak Demand

December ICE NY cocoa (CCZ25 ) today is down -36 (-0.62%), and December ICE London cocoa #7 (CAZ25 ) is up +13 (+0.31%). Cocoa prices today are mixed. Prices extended their two-month-long decline today, with NY cocoa falling to a 20-month nearest-futures low and London cocoa posting a 20.5-month nearest-futures...

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Ghana faces mounting pressure to take action over illegal mining

Pressure is mounting on Ghana’s President John Dramani Mahama to declare a state of emergency as environmental degradation caused by illegal mining reaches critical levels.

Radio France Internationale

Cocoa Prices Extend Their Slump as Supply Fears Fade

December ICE NY cocoa (CCZ25 ) on Friday closed down -97 (-1.63%), and December ICE London cocoa #7 (CAZ25 ) closed down -70 (-1.67%). Cocoa prices extended this week's slump on Friday, with NY cocoa sinking to a 20-month nearest-futures low. Cocoa prices remain under pressure after the governments of...

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Cocoa Prices Sink on Robust Supplies and Tepid Demand

December ICE NY cocoa (CCZ25 ) today is down -78 (-1.31%), and December ICE London cocoa #7 (CAZ25 ) is down -42 (-1.00%). Cocoa prices extended this week's slump today, with NY cocoa sinking to a 20-month nearest-futures low. Cocoa prices remain under pressure after the governments of the Ivory...

Barchart

Cocoa Prices Slide on Expectations for Ample Global Supplies

December ICE NY cocoa (CCZ25 ) on Thursday closed down -55 (-0.92%), and December ICE London cocoa #7 (CAZ25 ) closed up +19 (+0.45%). Cocoa prices settled mixed on Thursday, with NY cocoa posting a 20-month nearest-futures low. Cocoa prices remain under pressure after the governments of the Ivory Coast...

Barchart

Cocoa Prices Pressured as the Global Supply Outlook Improves

December ICE NY cocoa (CCZ25 ) today is down -42 (-0.70%), and December ICE London cocoa #7 (CAZ25 ) is up +25 (+0.60%). Cocoa prices are mixed today, with NY cocoa posting a 20-month nearest-futures low. Cocoa prices remain under pressure after the governments of the Ivory Coast and Ghana...

Barchart

Abundant Supplies and Slack Demand Undercut Cocoa Prices

December ICE NY cocoa (CCZ25 ) on Wednesday closed down -179 (-2.90%), and December ICE London cocoa #7 (CAZ25 ) closed down -79 (-1.85%). Cocoa prices extended their sharp 2-month-long selloff on Wednesday, with NY cocoa posting a 20-month nearest-futures low and London cocoa posting a 20-month nearest-futures low. Cocoa...

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Cocoa Prices Slump on Ample Supply and Weak Demand

December ICE NY cocoa (CCZ25 ) today is down -158 (-2.56%), and December ICE London cocoa #7 (CAZ25 ) is down -70 (-1.64%). Cocoa prices are sharply lower today and extended their 2-month-long selloff, with NY cocoa posting a 19.5-month nearest-futures low and London cocoa posting a 20-month nearest-futures low....

Evening Standard

World Cup permutations: State of play for Nigeria, Ghana and South Africa after Egypt qualify

Algeria, Morocco and Tunisia have also booked their place at next summer’s tournament

Barchart

The Outlook for Ample Global Supplies Weighs on Cocoa Prices

December ICE NY cocoa (CCZ25 ) on Tuesday closed down -104 (-1.66%), and December ICE London cocoa #7 (CAZ25 ) closed down -71 (-1.64%). Cocoa prices dropped on Tuesday, with London cocoa posting a 20-month nearest-futures low. Cocoa prices remain under pressure from last week, following the governments of the...

Barchart

Cocoa Prices Pressured by an Improved Global Supply Outlook

December ICE NY cocoa (CCZ25 ) today is down -73 (-1.16%), and December ICE London cocoa #7 (CAZ25 ) is down -52 (-1.20%). Cocoa prices are falling today, with London cocoa posting a 20-month nearest-futures low. Cocoa prices remain under pressure from last week, following the governments of the Ivory...

The Conversation

Chinese companies are changing the way they operate in Africa: here’s how

For most of the past 25 years, Chinese construction companies operating in Africa could count on generous financial backing from Chinese banks. Between 2000 and 2019, Chinese funders committed almost US$50 billion to African transport projects. Most came from Chinese development finance institutions.

Barchart

Oversold Conditions Spark Technical Short Covering in Cocoa

December ICE NY cocoa (CCZ25 ) on Monday closed up +93 (+1.50%), and December ICE London cocoa #7 (CAZ25 ) closed up +45 (+1.05%). Cocoa prices shook off early losses on Monday and turned higher on technical short covering after cocoa futures moved further into oversold territory. An excessive sort...

Barchart

Technical Short Covering Lifts Cocoa Prices on Oversold Conditions

December ICE NY cocoa (CCZ25 ) today is up +81 (+1.31%), and December ICE London cocoa #7 (CAZ25 ) is up +45 (+1.05%). Cocoa prices shook off early losses today and turned higher on technical buying after cocoa futures moved further into oversold territory. An excessive sort position by funds...

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