African state facing cocoa crisis ...News

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African state facing cocoa crisis
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Ghana, the world’s second-largest beans producer, is expected to yield just half the usual annual amount Ghana is facing a cocoa production crisis after a major outbreak of ‘swollen shoot disease’. The issue in the world’s second-largest cocoa producer has triggered fears of a knock-on effect for global prices, which have already seen recent spikes.    A significant cocoa-producing area in the Western African country is 81% infected with the disease, according to the Cocoa Market Report released by the International Cocoa Organization (ICCO).   The disease has significantly impacted cocoa prices, which have nearly

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