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Latest From Obafemi Oredein
The governments of Ivory Coast and Ghana haven’t made progress in their plans to halt price volatility in the global cocoa market and it is doubtful if their goal will be achieved for a long time.
The Cocoa Association of Nigeria (CAN), cocoa-producing states and the Federal Ministry of Agriculture are working to raise youth participation in cocoa farming, its value chain and agriculture in Nigeria.
Despite Nigeria expecting a rise in its cocoa production this season, strides towards better quality cocoa still need to be taken, according to country’s cocoa association.
Cocoa production in Nigeria has fallen short of its capabilities over several years, however the country’s cocoa association promises to rectify issues holding the sector back.
Ghana’s new cocoa processing plant is set to reinforce ties with China as well as reduce the trade imbalances between the them.
The abolition of Nigeria’s cocoa board has impacted the quality and quantity of the country’s crop over the past 30 years. Could a reinstatement bring about the changes it needs to improve these and pursue more added value organic products?