(The Conversation) – A shortage of cocoa beans has led to a near shutdown of processing plants in Côte d’Ivoire and Ghana, the two countries responsible for 60% of global production.

The price per ton of cocoa ended 2024 with a 178.2% surge, closing at $11,675 after reaching an all-time high of $12,931.

A chocolatier has told how the increasing price of raw ingredients to make the sweet treats has made the last 12 months "the ...

The silos in Tema, built by Dr . Kwame Nkrumah to store cocoa beans and wait for the right price have never hosted a single ...

The management of Ikom Cocoa Processing Factory, AA Universal Bean and Co Ltd, has confirmed that the cocoa plant located in the Ikom Local Government Area of Cross River State has the potential ...

Soaring cocoa prices are raising interest in turning Nigeria into a more impactful player in the sector, with hopes of ...

But agriculture modernisation efforts have encouraged the development of "full-sun" monocrop plantations that only focus on growing cocoa beans, without the use of companion plants or trees.

The beans are then removed from the pods with their surrounding pulp. Workers fill sacks with cocoa beans in Kahin village at the edge of the Scio forest reserve in Duekoue, Ivory Coast.