cocoa - Africa Publicity

COCOA PRICES SOAR TO NEW HEIGHTS AS 2024 COMES TO A CLOSE, FUELED BY SUPPLY FEARS AND THIN TRADE

Joshua KwehJanuary 1, 202509 mins

The cocoa market ended 2024 on a high note, with prices surging to new heights amid concerns over supply disruptions and thin trade. The commodity, which is a key ingredient in chocolate production, saw its prices rise significantly in the final weeks of the year, leaving traders and investors scrambling to adjust to the new…

Hershey makes record payments of up to $600 to Ivorian cocoa farmers through its income accelerator program

africapublicityJuly 6, 202407 mins

In orange, is the farmers Lougue Noël, farmers at Tiemensson from coops Allah Kabo Hershey, the American chocolate giant, has reached a major milestone in its quest for more sustainable and equitable cocoa supply chains. The company has announced incentive payments to over 1,400 farmers as part of its flagship “Income Accelerator program”, an innovative…