The Latest Breaking News from West Africa

Cocoa Finishes Sharply Higher on Crop Concerns in West Africa

September ICE NY cocoa (CCU24 ) Tuesday closed up +420 (+5.44%), and September ICE London cocoa #7 (CAU24 ) closed up +220 (+3.48%). Cocoa prices closed sharply higher on Tuesday and recovered from Monday's losses. Cocoa prices rallied Tuesday as increasing rains in West Africa are leaving cocoa plantations more...

Barchart · Jul 30, 2024

Cocoa Rallies as Wet Weather in West Africa May Spread Disease to Cocoa Crops

September ICE NY cocoa (CCU24 ) today is up +488 (+6.32%), and September ICE London cocoa #7 (CAU24 ) is up +272 (+4.30%). Cocoa prices today are sharply higher and recovered Monday's losses. Cocoa prices are rallying today as increasing rains in West Africa are leaving cocoa plantations more susceptible...

Barchart · Jul 30, 2024

Cocoa Prices Close Sharply Lower on an Improving Cocoa Production Outlook

September ICE NY cocoa (CCU24 ) on Monday closed down -322 (-4.01%), and September ICE London cocoa #7 (CAU24 ) closed down -187 (-2.87%). Cocoa prices fell sharply on Monday, with NY cocoa posting a 1-week low. An improving outlook for the next cocoa season in West Africa is weighing...

Barchart · Jul 29, 2024

Cocoa Prices Pressured by Good Weather in West Africa

September ICE NY cocoa (CCU24 ) today is down -62 (-0.79%), and September ICE London cocoa #7 (CAU24 ) is down -182 (-2.79%). Cocoa prices today fell to 1-week lows and are moderately lower. Improved growing conditions in West Africa that could boost cocoa yields are weighing on prices. Forecaster...

Barchart · Jul 17, 2024

Interpol arrests 300 people in a global crackdown on West African crime groups across 5 continents

Interpol has announced the outcome of a global operation targeting West African organized crime groups across five continents in 21 countries

The Independent UK · Jul 17, 2024

Cocoa Prices Finish Sharply Lower on Improved Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) on Tuesday closed down -751 (-8.74%), and September ICE London cocoa #7 (CAU24 ) closed down -519 (-7.37%). Cocoa prices plunged Tuesday and settled sharply lower as beneficial growing conditions in West Africa have improved the prospects for the cocoa crop. Forecaster Maxar Technologies...

Barchart · Jul 16, 2024

Cocoa Prices Plunge on Beneficial Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -734 (-8.54%), and September ICE London cocoa #7 (CAU24 ) is down -492 (-6.99%). Cocoa prices today are sharply lower as beneficial growing conditions in West Africa raise expectations for cocoa crop prospects. Forecaster Maxar Technologies said showers are expected to...

Barchart · Jul 16, 2024

Terrorism and organized crime rampant in Sahel and spilling into West Africa coastal states, UN says

A U.N. envoy says terrorism and organized crime by violent extremist groups linked to al-Qaida and the Islamic State are a “pervasive threat" in Africa’s volatile Sahel region

The Independent UK · Jul 13, 2024

West Africa is changing: five essential reads on breakaways from Ecowas

The Economic Community of West African States (Ecowas) has been in the news lately – mostly for the wrong reasons.

The Conversation · Jul 10, 2024

New Sahel Bloc Leaves West Africa More Divided Than Ever

The creation of a Sahel confederation on Saturday plunged West Africa into an unprecedented crisis that could threaten the free movement of people and goods in the region.

International Business Times · Jul 8, 2024