Business Insider Africa·1 min read·easy
The world's second-largest cocoa producer warns output could fall 16%, raising fears of higher chocolate prices
✦AI Summary
Ghana's cocoa board has warned that national output could drop by 16% due to adverse weather, disease, and illegal mining. This decline is expected to put upward pressure on global chocolate prices.
The forecast was released by the Ghana Cocoa Board (COCOBOD), the state agency responsible for regulating the country's cocoa industry, supporting farmers and marketing cocoa exports. Weather, disease and illegal mining weigh on cocoa output Accordin... [2594 chars]
businesseconomyfoodenvironment
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in