Cocoa prices soared 400% due to dwindling supplies

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Cocoa prices soared 400% due to dwindling supplies
CocoaAfrica
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Love chocolate? That sweet tooth could cost you more this holiday season. Sky-high cocoa prices aren't melting away anytime soon, after soaring by 400 per cent earlier this year from 2023. Producers in Africa continue to grapple with dwindling harvests - a result of erratic weather, pests and the loss of plantations.

Love chocolate? That sweet tooth could cost you more this holiday season. Sky-high cocoa prices aren't melting away anytime soon, after soaring by 400 per cent earlier this year from 2023. Producers in Africa continue to grapple with dwindling harvests - a result of erratic weather, pests and the loss of plantations. In this first of a two-part series, we look at the squeeze on cocoa supply from one of the world's largest producing countries. Nabil Ahmed Rufai reports from Ghana.

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