The World Cocoa Foundation and partners launched the Deforestation-Free Cocoa Initiative (DFCI) in Ondo State to promote sustainable cocoa farming ...

This collaboration will support one of Johnvents Group’s subsidiaries, Premium Cocoa Products, Ile-Oluji to increase production to its installed capacity of 30,000 metric tonnes per year.

The funding will support Johnvents’ subsidiary, Premium Cocoa Products Ile-Oluji, in expanding its production capacity from 13,000 to 30,000 metric tonnes per year, enhancing Nigeria’s global ...

Read Also: Nigeria ready to adopt successful global models for growth, Tinubu tells Airtel Boss He said: “Premium Cocoa Products (Ile-Oluji) has long been a pillar of Nigeria’s cocoa heritage.

Nigeria is aiming to overtake Ghana as the world’s second-largest cocoa producer within the next three years, following a $40.5m investment from British International Investment (BII) in partnership ...

However, with the consumer preference for premium chocolate, such as single-origin chocolate and healthy functional chocolate, the demand for cocoa-based products will remain high despite the high ...

Taza’s focus on darker, cocoa-dense chocolate means Whitmore has been paying a premium for cocoa beans. “The cost of cocoa for us has almost tripled,” he says. “We did raise prices by ...

Hershey now expects 2025 earnings to deteriorate, reflecting higher sourcing prices for cocoa. Learn why HSY stock is a Hold.

Cocoa farmers in Tanzania walked away smiling this year, after its exports earning more than doubled this year, which is indicating good potential prospects for the chocolates making crop. Latest data ...

It supports Johnvents Group’s sustainability goal to achieve 100 per cent traceable cocoa by 2027. The Funding also helps the Premium Cocoa Products Ile-Oluji cocoa processing facility ...

The operation, which discovered smuggled beans concealed in gallons in the vehicle, is part of ongoing efforts to curb illegal exports of Ghana’s premium cocoa to neighbouring countries ...