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The Latest Breaking News from Ghana

Dollar Strength Sparks Long Liquidation in Cocoa

March ICE NY cocoa (CCH25 ) today is down -151 (-1.33%), and March ICE London cocoa #7 (CAH25 ) is down -8 (-0.09%). Cocoa prices today are moderately lower as a stronger dollar sparks long liquidation in cocoa futures. On Monday, cocoa prices climbed to 1-week highs on concern slowing...

Barchart

Ghana's John Mahama Sworn In After Presidential Comeback

Ghana on Tuesday swore in president-elect John Mahama in the capital Accra, with around 20 African leaders in attendance.

International Business Times

John Mahama takes oath as Ghana's president amid severe economic crisis

The new Ghanaian president, John Mahama, is being sworn in this Tuesday, 7 January, in Accra, as the nation looks for solutions to its worst economic crisis in a generation.

Radio France Internationale

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Cocoa Prices Settle Higher on Concern Global Supplies Will Tighten

March ICE NY cocoa (CCH25 ) Monday closed up +139 (+1.24%), and March ICE London cocoa #7 (CAH25 ) closed up +10 (+0.11%). Cocoa prices Monday climbed to 1-week highs on concern slowing Ivory Coast cocoa exports will tighten global supplies. While government data shows Ivory Coast farmers shipped 1.11...

Barchart

Cocoa Rallies as the Pace of Ivory Coast Cocoa Exports Slows

March ICE NY cocoa (CCH25 ) today is up +130 (+1.16%), and March ICE London cocoa #7 (CAH25 ) is up +30 (+0.33%). Cocoa prices today are moving higher and posted 1-week highs on concern slowing Ivory Coast cocoa exports will tighten global supplies. While government data shows Ivory Coast...

Barchart

What Ghana’s small businesses can teach the world about becoming more sustainable

Small and medium-sized enterprises (SMEs) form the backbone of emerging economies. This is especially true in Ghana, where they represent around 90% of registered businesses and contribute significantly to employment and the economy of the west African nation.

The Conversation

Who were the winners and losers of African democracy in 2024?

In 2024, 18 elections took place on the African continent, from Senegal to South Africa, Algeria to Ghana, with the results an equal mix of democratic success stories and challenges still to overcome.

Radio France Internationale

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Cocoa Prices Close Higher on Dollar Weakness and Tight Supplies

March ICE NY cocoa (CCH25 ) Friday closed up +101 (+0.91%), and March ICE London cocoa #7 (CAH25 ) closed up +46 (+0.51%). Cocoa prices Friday settled moderately higher. Friday's weaker dollar sparked some short covering in cocoa futures. Shrinking global cocoa stockpiles are also bullish for prices. ICE-monitored cocoa...

Barchart

Cocoa Prices Gain on Dollar Weakness and Tighter Supplies

March ICE NY cocoa (CCH25 ) today is up +141 (+1.26%), and March ICE London cocoa #7 (CAH25 ) is up +76 (+0.85%). Cocoa prices today are moderately higher. Today's weaker dollar has sparked some short covering in cocoa futures. Shrinking global cocoa stockpiles are also bullish for prices. ICE-monitored...

Barchart

Massive cleanup under way in Ghana after fire destroys one of world’s biggest secondhand markets

Thousands of traders face ruin after blaze razes two-thirds of Accra’s Kantamanto, which receives an estimated 15m used clothes from global north each week

The Guardian - UK

Traders reeling as fire destroys Ghana's largest clothes market

Ghana's informal economy has suffered an enormous blow after a fire engulfed the Kantamanto used clothes market in the capital on Thursday, destroying more than 100 shops and goods worth millions of the local cedi currency. Thousands of traders have lost their livelihoods.

Radio France Internationale

Ghana told the African diaspora to return. Black Americans took the offer

Ghana recently granted citizenship to 524 people from the Black diaspora, and most were Black Americans

The Independent UK

Cocoa Settles Sharply Lower as Dollar Strength Spurs Long Liquidation

March ICE NY cocoa (CCH25 ) Thursday closed down -538 (-4.61%), and March ICE London cocoa #7 (CAH25 ) closed down -169 (-1.85%). Cocoa prices Thursday closed sharply lower as a rally in the dollar index (DXY00 ) to a 2-year high spurred long liquidation in cocoa futures. Losses in...

Barchart

Dollar Strength Sends Cocoa Prices Tumbling

March ICE NY cocoa (CCH25 ) today is down -510 (-4.37%), and March ICE London cocoa #7 (CAH25 ) is down -123 (-1.35%). Cocoa prices today are sharply lower as a rally in the dollar index (DXY00 ) to a 2-year high spurred long liquidation in cocoa futures. Losses in...

Barchart

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Radio France Internationale

Ghana scraps visas for African passport holders in landmark shift

Ghana will allow visa-free entry to citizens of all African countries starting in early 2025. The move, approved by President Nana Akufo-Addo in December, makes Ghana the fifth African country to open its borders to all holders of African passports.

Barchart

Cocoa Prices Settle Higher on Global Supply Fears

March ICE NY cocoa (CCH25 ) Tuesday closed up +168 (+1.46%), and March ICE London cocoa #7 (CAH25 ) closed up +29 (+0.32%). Cocoa prices on Tuesday added to Monday's sharp gains. Crop production concerns in West Africa are fueling fund buying of cocoa futures after some Ivory Coast and...

Barchart

Cocoa Prices Underpinned by West African Cocoa Crop Woes

March ICE NY cocoa (CCH25 ) today is up +56 (+0.49%), and March ICE London cocoa #7 (CAH25 ) is up +29 (+0.32%). Cocoa prices today added to Monday's sharp gains. Crop production concerns in West Africa are fueling fund buying of cocoa futures after some Ivory Coast and Nigerian...

Barchart

Cocoa Prices Sharply Higher on West African Cocoa Crop Concerns

March ICE NY cocoa (CCH25 ) Monday closed up +1,383 (+13.66%), and March ICE London cocoa #7 (CAH25 ) closed up +997 (+12.28%). Cocoa prices soared Monday and nearly recovered almost all last week's sharp losses. Crop production concerns in West Africa fueled fund buying of cocoa futures Monday after...

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The Independent UK

Jimmy Carter made eradicating Guinea worm disease a top mission

Nobel Peace Prize winner Jimmy Carter spent decades waging war against an ancient parasite

Barchart

Cocoa Prices Soar on West African Coast Cocoa Production Concerns

March ICE NY cocoa (CCH25 ) today is up +1,193 (+11.78%), and March ICE London cocoa #7 (CAH25 ) is up +997 (+12.28%). Cocoa prices today are soaring on crop production concerns in West Africa. Some Ivory Coast and Nigerian cocoa farmers reported that cocoa trees are beginning to suffer...

Radio France Internationale

Ghana’s president faces tough start as economic crisis drives people to leave

Ghana's president-elect John Mahama, due to be inaugurated on 7 January, will have his work cut out, as the country suffers its worst economic crisis in a generation and a study finds more than 60 percent of Ghanaians want to emigrate.

Barchart

Cocoa Prices Plunge on Fund Liquidation in Thin Holiday Markets

March ICE NY cocoa (CCH25 ) Friday closed down -903 (-8.19%), and March ICE London cocoa #7 (CAH25 ) closed down -1,017 (-11.13%). Cocoa prices Friday extended this week's sharp selloff to 2-1/2 week lows. Long liquidation and profit-taking by funds hammered cocoa prices in thin year-end holiday trading. News...

Barchart

Fund Liquidation in Thin Holiday Markets Hammers Cocoa Prices

March ICE NY cocoa (CCH25 ) today is down -905 (-8.21%), and March ICE London cocoa #7 (CAH25 ) is down -994 (-10.88%). Cocoa prices today extended this week's sharp selloff to 2-1/2 week lows. Long liquidation by funds and profit-taking is hammering cocoa prices in thin year-end holiday trading....

Barchart

Cocoa Prices Sharply Lower on Strong Ivory Coast Cocoa Shipments

March ICE NY cocoa (CCH25 ) Thursday closed down -825 (-6.96%), and March ICE London cocoa #7 (CAH25 ) did not trade with UK markets closed for the Boxing Day holiday. Cocoa prices Thursday plummeted to a 1-1/2 week low and closed sharply lower on news of continued high cocoa...

Barchart

Cocoa Prices Sink as Current Supplies Remain Adequate

March ICE NY cocoa (CCH25 ) today is down -841 (-7.10%), and March ICE London cocoa #7 (CAH25 ) is not trading with UK markets closed for the Boxing Day holiday. Cocoa prices today plummeted to a 1-1/2 week low by news of continued high cocoa shipments by farmers in...

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