How the cocoa price crash is crushing West African farmers
Summary
Cocoa prices peaked in 2024 before plummeting by nearly 75%, dealing a severe financial blow to millions of farmers in Ghana and Cote d'Ivoire. The piece examines whether the crash could mark a turning point for the sector.
Preview
Cocoa prices reached a peak in 2024 before plummeting by nearly 75%, dealing a financial blow to millions of farmers in Ghana and Cote d'Ivoire. Will the crisis mark a turning point for the sector?