Cocoa crisis in West Africa drives continuous increase in chocolate prices.

Trouble in Ghana: Cocoa Crisis Threatens Global Supply

The Devastation:

Janet Gyamfi is heartbroken as she surveys her once lush cocoa farm in Samreboi, Ghana. Illegal gold mining has stripped the land, leaving behind toxic waste water and destroying thousands of cocoa trees.

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The Crisis:

Ghana and Ivory Coast, the world’s top cocoa producers, are facing a catastrophic harvest season. Factors like illegal mining, climate change, mismanagement, and disease have led to a drastic decline in cocoa production.

The Impact:

With cocoa prices soaring and production plummeting, consumers can expect higher chocolate prices in the near future. The situation in West Africa could reshape the global cocoa market and benefit producers in Latin America.

The Reality:

Small-scale cocoa farmers like Gyamfi are bearing the brunt of this crisis. With their livelihoods at stake, the future of cocoa production in West Africa hangs in the balance.

© Reuters. Cocoa pods grow on a farm hit by swollen shoot disease in Osino in the Eastern Region, Ghana, February 27, 2024. In its most sobering assessment to date, according to data compiled since 2018 and obtained exclusively by Reuters, Ghana's cocoa marketing board Cocobod estimates that 590,000 hectares of plantations have been infected with swollen shoot, a virus that will ultimately kill them. Once infected with swollen shoot, plantations must be ripped out and the soil treated before cocoa can be replanted. REUTERS/Francis Kokoroko

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