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The Latest Breaking News from West Africa

Cocoa Prices Tumble on West African Rains

May ICE NY cocoa (CCK26 ) today is down -149 (-4.35%), and May ICE London cocoa #7 (CAK26 ) is down -103 (-4.15%). Cocoa prices are falling sharply today on optimism that rain in West Africa will boost cocoa crop yields. Weather forecaster Vaisala said it expects rainfall to continue...

Barchart

Cocaine flowing through West Africa 'fuelling corruption and crack use'

An increase in cocaine trafficking through West Africa is fuelling corruption in some countries, reaching the highest levels of government, a report published this week warns. At least 30 percent of cocaine bound for Europe now passes through the region, while growing volumes of the drug are also being consumed…

Radio France Internationale

Cocoa beans rot and West African farmers seek other options after commodity crash

West African cocoa farmers are facing a squeeze after the price of the global commodity crashed on the international market in recent months

The Independent UK

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Some West African farmers turn to TikTok as part of agriculture's changing image

Some farmers in West Africa have turned to TikTok to sell their produce, transforming how they do business

The Independent UK

Tony’s Chocolonely says it will not shrink chocolate bar to weather cocoa crisis

The Dutch chocolatier has been vocal about the West African cocoa crisis which has led to soaring costs for chocolate makers.

Evening Standard

7 Historic Empires Richer Than the Mughals You Probably Didn’t Learn About

When history recalls the wealthiest empires of the world, the Mughal Empire often features prominently for its opulent courts, monumental architecture, and dominance in the Indian subcontinent. At its peak around the 17th century, the Mughal Empire controlled about 24 % of the world’s economy, making it one of the…

Times Life

Court ruling on Mali sanctions reignites regional integration debate {Business Africa}

A landmark ruling by the WAEMU Court against the blockade of Mali is reshaping West Africa’s economic landscape, highlighting the costs of sanctions and Does love have a price tag? As Valentine’s Day spending hits record highs, Zambians weigh romance against the rising cost of affection.

Euronews

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Nigeria’s open borders promised more trade and free movement: but crossings are chaotic and corrupt

West Africa has pursued one of the world’s most ambitious border liberalisation schemes in the past four decades. The Ecowas Free Movement Protocol, signed in 1979, enables citizens of 16 member states to cross international borders with minimal documentation. The intention was to promote economic integration and prosperity across the…

The Conversation

Cocoa Prices Rebound as West African Producers Hold Back Supplies

March ICE NY cocoa (CCH26 ) today is up +134 (+3.19%), and March ICE London cocoa #7 (CAH26 ) is up +73 (+2.43%). Cocoa prices have rebounded higher today, after the 2-week plunge pushed NY cocoa last Friday down to a 2-year nearest-futures low and London cocoa down to a...

Barchart

US to increase cooperation with Nigeria to pursue Islamic State militants

The United States military is expanding military cooperation with Nigeria as part of broader efforts to counter Islamic State-linked militants in Africa. US Africa Command says the Pentagon is also maintaining lines of communication with militaries in the West African countries of Burkina Faso, Niger and Mali.

Radio France Internationale

Cocoa Prices Plummet as Exporters Hedge Against the Upcoming West African Harvest

March ICE NY cocoa (CCH26 ) today is down -706 (-11.62%). March ICE London cocoa #7 (CAH26 ) is down -451 (-10.33%). Cocoa prices are plummeting today, with NY cocoa falling to a 6-week low and London cocoa sliding to a 1-month low. Cocoa exporters are taking advantage of this...

Barchart

Cocoa Prices Retreat on Improved West African Crop Prospects

March ICE NY cocoa (CCH26 ) on Wednesday closed down -39 (-0.66%). March ICE London cocoa #7 (CAH26 ) closed down -31 (-0.72%). Cocoa prices tumbled to 1-month lows on Wednesday amid favorable growing conditions in West Africa. Tropical General Investments Group said last Friday that favorable growing conditions in...

Barchart

The Prospects of a Bumper West African Cocoa Crop Weighs on Prices

March ICE NY cocoa (CCH26 ) today is down -23 (-0.39%). March ICE London cocoa #7 (CAH26 ) is down -31 (-0.72%). Cocoa prices tumbled to 1-month lows today amid favorable growing conditions in West Africa. Tropical General Investments Group said last Friday that favorable growing conditions in West Africa...

Barchart

Cocoa Prices Sink on Favorable Crop Conditions in West Africa

March ICE NY cocoa (CCH26 ) on Friday closed down -194 (-3.20%). March ICE London cocoa #7 (CAH26 ) closed down -129 (-2.95%). Cocoa prices sold off to 1-week lows on Friday and settled sharply lower. Improved weather in West Africa is weighing on cocoa prices. Tropical General Investments Group...

Barchart

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Beneficial Growing Conditions in West Africa Weigh on Cocoa Prices

March ICE NY cocoa (CCH26 ) today is down -178 (-2.93%). March ICE London cocoa #7 (CAH26 ) is down -129 (-2.95%). Cocoa prices are sharply lower today, posting 1-week lows. Improved weather in West Africa is weighing on cocoa prices today. Tropical General Investments Group said today that favorable...

Radio France Internationale

Young West Africans held captive in Ghana in Canadian visa scams

Several families in Senegal say that a number of young people from the north of the country have been held captive in Ghana for several weeks. Lured by the prospect of work visas for Canada, they allegedly fell into the hands of a criminal network. RFI spoke to one of…

Barchart

Cocoa Prices Undercut Amid the Prospects of Abundant Supplies

March ICE NY cocoa (CCH26 ) on Friday closed down -89 (-1.50%), and March ICE London cocoa #7 (CAH26 ) closed down -43 (-0.99%). Cocoa prices extended this week's losses on Friday, with NY cocoa falling to a 1.5-week low. Favorable weather in West Africa is expected to boost yields...

Barchart

Favorable West African Weather Weighs on Cocoa Prices

March ICE NY cocoa (CCH26 ) today is down -88 (-1.48%), and March ICE London cocoa #7 (CAH26 ) is down -48 (-1.11%). Cocoa prices extended this week's losses, with NY cocoa falling to a 1.5-week low. Favorable weather in West Africa is expected to boost yields and supply, which...

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Barchart

Cocoa Prices Settle Lower on Expectations of Adequate Supplies

March ICE NY cocoa (CCH26 ) on Thursday closed down -44 (-0.74%), and March ICE London cocoa #7 (CAH26 ) closed down -24 (-0.55%). Cocoa prices settled lower on Thursday, with NY cocoa falling to a 1-week low. Favorable weather in West Africa is expected to boost yields and supply,...

Barchart

Cocoa Prices Slide on a Positive Cocoa Crop Outlook in West Africa

March ICE NY cocoa (CCH26 ) today is down -40 (-0.67%), and March ICE London cocoa #7 (CAH26 ) is down -26 (-0.60%). Cocoa prices are moving lower today, with NY cocoa sliding to a 1-week low. Favorable weather in West Africa is expected to boost yields and supply, which...

Barchart

Beneficial Weather in West Africa Weighs on Cocoa Prices

March ICE NY cocoa (CCH26 ) on Wednesday closed down -20 (-0.33%), and March ICE London cocoa #7 (CAH26 ) closed down -11 (-0.25%). Cocoa prices gave up early gains and settled lower on Wednesday as favorable weather in West Africa is expected to boost yields and supply, which is...

Barchart

Cocoa Prices Turn Lower on Favorable Weather in West Africa

March ICE NY cocoa (CCH26 ) today is down -12 (-0.20%), and March ICE London cocoa #7 (CAH26 ) is down -5 (-0.11%). Cocoa prices gave up early gains and turned lower as favorable weather in West Africa is expected to boost yields and supply, which is bearish for prices....

The Independent UK

In Senegal, climate change is adding to historic tension between farmers and herders

Tension between farmers and herders has long been a fact of life in West Africa, but climate change is ramping it up

Barchart

Cocoa Prices Sharply Lower on Favorable Weather in West Africa

March ICE NY cocoa (CCH26 ) on Monday closed down -403 (-6.42%), and March ICE London cocoa #7 (CAH26 ) closed down -321 (-7.05%). Cocoa prices sank on Monday as rains in West Africa and a delay in the seasonal Harmattan winds have benefitted cocoa crops, sparking long liquidation in...

Barchart

Cocoa Prices Plummet on Beneficial Weather in West Africa

March ICE NY cocoa (CCH26 ) today is down -429 (-6.83%), and March ICE London cocoa #7 (CAH26 ) closed down -321 (-7.05%). Cocoa prices are sinking today as rains in West Africa and a delay in the seasonal Harmattan winds have been beneficial to cocoa crops, sparking long liquidation...

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