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Still On Soludo's Home-grown Economic Trajectory And The Vital Lessons For The African Continent thenigerianvoice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenigerianvoice.com Daily Mail and Mail on Sunday newspapers.
Nigeria struggles with cocoa production as China breaks through guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.
The Ghana COCOBOD says Chinaâs recent export of cocoa raises some concerns for the future of the sector in Ghana. The Asian country is reported to have exported to Belgium its first batch of cocoa beans weighing 500 kg worth about $3,600. In an interview with Citi Business News, the Public Affairs Manager of COCOBOD, Fiifi Boafo, indicated that âItâs been of concern, a concern in the sense that generally the cocoa market has been saturated and consumption does not seem to be growing as fast as production of cocoa so any new addition in terms of production is a matter of concern because higher production without commensurate consumption will force the price of cocoa downwards.â ....
The Ghana Cocoa Board (COCOBOD) is assessing the potential impact of the export of cocoa beans by China on the local cocoa industry. Relatedly, the Ministry of Food and Agriculture (MoFA) has intimated that China’s entry into the production and export of cocoa beans must not in any way hurt Ghana’s industry. The two entities were sharing their thoughts on the potential impact of China’s export of cocoa beans to the global market. China exports The Chinese Academy of Tropical Agricultural Sciences (CATAS) recently reported that South China s island province of Hainan had exported cocoa beans to Belgium for the first time. ....