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Obafemi Oredein

Obafemi Oredein is based in Lagos, Nigeria, and contributes to IEG Vu, specialising in the West African cocoa sector.
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Latest From Obafemi Oredein

West Africa’s 2020/21 main cocoa crop at risk due to coronavirus

The four major West African countries that account for about 70% of the world’s cocoa production, are currently experiencing their worst virus epidemic, which has the potential to damage the main crop harvest in the 2020/2021 season.

Cocoa Coronavirus

“Nigeria can leverage and benefit from the new cocoa floor price”

Following Ivory Coast and Ghana’s new cocoa price initiative, the Cocoa Association of Nigeria (CAN) explains how West Africa’s fourth largest producer can capitalize on the situation.

Cocoa Nigeria

“Cocoa farmers should be some of the richest people in the world”

Top Nigerian cocoa researcher, Peter Aikpokpodion, believes that cocoa farmers in West Africa should not be poor, but rather, be some of the richest people in the world.

Cocoa Nigeria

West African cocoa producers still far from their 2020 processing targets

All four major West African cocoa producers-Ivory Coast, Ghana, Nigeria and Cameroon-had set 2020 as the year they hoped to process half of the cocoa they produce. While their governments have not made much progress in increasing local grinding, foreign conglomerates have.

Cocoa Investments

Nigeria expects to lose 30% of its cocoa output this year

Cocoa in the 2019/20 season is giving Nigeria a cause for concern, the president of the country’s cocoa association indicates.

Nigeria Cocoa

Global Outlook: Ivory Coast and Ghana’s LID dominates cocoa sector

Last year’s IEG Vu Global Outlook indicated that the unease which followed the drastic fall in global cocoa prices in 2017 and the new attempt by major producers to gain control of pricing, would likely continue in the year just ending.

Côte d'Ivoire Ghana
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