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The Latest Breaking News from Ghana

Cocoa Prices Underpinned on Concerns of a Global Cocoa Shortage

March ICE NY cocoa (CCH25 ) today is up +13 (+0.11), and March ICE London cocoa #7 (CAH25 ) is up +21 (+0.23%). Cocoa prices today are moderately higher on carryover support from last Friday when the International Cocoa Organization (ICCO) said a survey of global cocoa stockpiles at the...

Rain in West Africa Sparks Long Liquidation in Cocoa

Rain in West Africa Sparks Long Liquidation in Cocoa

March ICE NY cocoa (CCH25 ) Monday closed down -221 (-1.91%), and March ICE London cocoa #7 (CAH25 ) closed down -131 (-1.43%). Cocoa prices dropped to 1-week lows on Monday as weekend rains in the Ivory Coast and Ghana eased the dry conditions caused by the seasonal Harmattan winds...

Rain in West Africa Weighs on Cocoa Prices

Rain in West Africa Weighs on Cocoa Prices

March ICE NY cocoa (CCH25 ) today is down -107 (-0.92%), and March ICE London cocoa #7 (CAH25 ) is down -131 (-1.43%). Cocoa prices today dropped to 1-week lows as weekend rains in the Ivory Coast and Ghana eased the dry conditions caused by the seasonal Harmattan winds and...

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Global Cocoa Deficit Supports Cocoa Prices

March ICE NY cocoa (CCH25 ) Friday closed up +41 (+0.35%), and March ICE London cocoa #7 (CAH25 ) closed up +3 (+0.03%). Cocoa prices Friday settled higher after the International Cocoa Organization (ICCO) said a survey of global cocoa stockpiles at the end of the 2023/24 season was at...

Cocoa Prices Climb as ICCO Survey Signals a Larger Global Cocoa Deficit

March ICE NY cocoa (CCH25 ) today is up +80 (+0.69%), and March ICE London cocoa #7 (CAH25 ) is up +29 (+0.32%). Cocoa prices are climbing today after the International Cocoa Organization (ICCO) said a survey of global cocoa stockpiles at the end of the 2023/24 season was at...

Cocoa Prices Retreat on Chocolate Demand Concerns

March ICE NY cocoa (CCH25 ) Thursday closed down -123 (-1.05%), and March ICE London cocoa #7 (CAH25 ) closed down -164 (-1.75%). Cocoa prices settled moderately lower on Thursday as demand concerns sparked long liquidation. Chocolate maker Barry Callebaut reported a sales decline of -2.7% y/y for the November...

Cocoa Prices Fade as Dollar Strength Induces Long Liquidation

March ICE NY cocoa (CCH25 ) today is down -111 (-0.95%), and March ICE London cocoa #7 (CAH25 ) is down -148 (-1.58%). Cocoa prices today are moderately lower as a stronger dollar induced long liquidation in cocoa futures. On Wednesday, NY cocoa posted a 2-week high, and London cocoa...

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Cocoa Prices Supported by West African Crop Concerns

Cocoa Prices Supported by West African Crop Concerns

March ICE NY cocoa (CCH25 ) Wednesday closed up +116 (+1.00%), and March ICE London cocoa #7 (CAH25 ) closed up +107 (+1.16%). Cocoa prices Wednesday rose for the third consecutive session, with NY cocoa posting a 2-week high and London cocoa posting a 1-month high. Crop production concerns in...

Dry Harmattan Winds Threaten West African Cocoa Crops

Dry Harmattan Winds Threaten West African Cocoa Crops

March ICE NY cocoa (CCH25 ) today is up +92 (+0.80%), and March ICE London cocoa #7 (CAH25 ) is up +118 (+1.28%). Cocoa prices today are climbing for the third consecutive session, with NY cocoa posting a 2-week high and London cocoa posting a 1-month high. Crop production concerns...

Ghana steps up efforts to mend regional ties with Sahel alliance appointment

Ghana steps up efforts to mend regional ties with Sahel alliance appointment

Ghana's President John Dramani Mahama has appointed a former national security chief as envoy to the alliance formed by Niger, Mali and Burkina Faso, signalling his administration's intention to mend ties with the three military-led nations.

Radio France Internationale

As gold prices surge, Ghana faces ‘looming crisis’ over illegal mining

As gold prices surge, Ghana faces ‘looming crisis’ over illegal mining

Illegal and small-scale mining known as galamsey is contaminating the country’s rivers and soil, activists say.

West African Cocoa Crop Concerns Boost Prices

West African Cocoa Crop Concerns Boost Prices

March ICE NY cocoa (CCH25 ) Tuesday closed up +386 (+3.45%), and March ICE London cocoa #7 (CAH25 ) closed up +236 (+2.62%). Cocoa prices Tuesday rallied to 2-week highs on crop production concerns in West Africa. Some Ivory Coast and Ghana cocoa farmers have reported that cocoa trees are...

Cocoa Prices Jump on West African Crop Concerns

Cocoa Prices Jump on West African Crop Concerns

March ICE NY cocoa (CCH25 ) today is up +324 (+2.90%), and March ICE London cocoa #7 (CAH25 ) is up +208 (+2.31%). Cocoa prices today jumped to 2-week highs and are sharply higher on crop production concerns in West Africa. Some Ivory Coast and Ghana cocoa farmers have reported...

Seven Killed In Ghana Gold Mine Shootout

Seven Killed In Ghana Gold Mine Shootout

Learn about the tragic incident at a Ghanaian gold mine, shedding light on the persistent issue of illegal mining in the country.

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Cocoa Prices Surge as Demand Concerns Recede

March ICE NY cocoa (CCH25 ) Friday closed up +671 (+6.39%), and March ICE London cocoa #7 (CAH25 ) closed up +426 (+4.99%). Cocoa prices surged Friday after North American Q4 cocoa grindings fell less than European and Asian Q4 grindings, allaying concerns about a slowdown in demand despite high...

The Conversation

Ghana’s new president faces tough regional security problems: why he’s well-placed to tackle them

John Mahama has been sworn in as Ghana’s new president. He inherits a host of security challenges by dint of the country’s position in the west African region, which has become increasingly volatile.

Mayor Faces Criticism Over Timing Of Overseas Trip During Fire

Mayor Karen Bass faces criticism for traveling to Ghana during Palisades Fire crisis, raising questions about leadership and emergency response protocols.

Cocoa Prices Sharply Higher as Hershey Seeks CFTC Approval for a Huge Cocoa Purchase

March ICE NY cocoa (CCH25 ) Thursday closed up +474 (+4.53%), and March ICE London cocoa #7 (CAH25 ) closed up +289 (+3.39%). Cocoa prices rallied sharply Thursday as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due...

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The Independent UK

Why was LA Mayor Karen Bass in Ghana as devastating wildfires broke out?

Los Angeles mayor set off for African nation on Saturday despite reports of possible fire weather the day prior

Cocoa Prices Surge as Hershey Seeks a Large Cocoa Purchase Through ICE Exchange

March ICE NY cocoa (CCH25 ) today is up +466 (+4.46%), and March ICE London cocoa #7 (CAH25 ) is up +287 (+3.37%). Cocoa prices today are sharply higher as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange...

International Business Times UK

Karen Bass Slashed Firefighter Funding by £14M—Now Los Angeles is Burning Without Water

LA Mayor Karen Bass faces backlash for cutting the fire department budget by £14 million while attending Ghana's presidential inauguration, as Los Angeles battles its most destructive wildfires with limited resources and dry hydrants.

Cocoa Prices Settle Sharply Lower as ICE Exchange Seeks to Tame Volatility

March ICE NY cocoa (CCH25 ) Wednesday closed down -757 (-6.75%), and March ICE London cocoa #7 (CAH25 ) closed down -494 (-5.48%). Cocoa prices tumbled to 1-week lows Wednesday and settled sharply lower after Intercontinental Exchange (ICE) took action in an attempt to curb market volatility. Long liquidation emerged...

Cocoa Prices Tumble as ICE Exchange Seeks to Tame Volatility

March ICE NY cocoa (CCH25 ) today is down -789 (-7.04%), and March ICE London cocoa #7 (CAH25 ) is down -506 (-5.62%). Cocoa prices today tumbled to 1-week lows after Intercontinental Exchange (ICE) took action in an attempt to curb market volatility. Long liquidation emerged in cocoa futures today...

Los Angeles Mayor Criticized For Being Out Of Country

Los Angeles Mayor Karen Bass faces criticism for attending an inauguration in Ghana while wildfires rage in the city. Residents express concerns about her ...

Cocoa Prices Post Moderate Losses on Dollar Strength

March ICE NY cocoa (CCH25 ) Tuesday closed down -167 (-1.47%), and March ICE London cocoa #7 (CAH25 ) closed down -21 (-0.23%). Cocoa prices posted moderate losses on Tuesday as a stronger dollar (DXY00 ) sparked long liquidation in cocoa futures. On Monday, cocoa prices climbed to 1-week highs...

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John Dramani Mahama

Barry Callebaut

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