African cocoa factories run out of beans as global chocolate crisis deepens


Humanistic care

Reuters exclusive report Major African cocoa factories in Côte d’Ivoire and Ghana have stopped or cut back on processing because they can’t afford the beans, meaning chocolate prices around the world could soar.

market impact

After three years of poor cocoa harvests in the two countries, which account for nearly 60% of world cocoa production, chocolate makers have raised prices for consumers in anticipation of a fourth crop failure.

Article tags

Topics of interest: Humanistic care

type: Reuters Best

department: Commodities and energy

area: Africa

Winning type: exclusivity

Story type: exclusive/exclusive report

media type: text

Customer Impact: Big global stories



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By Ali Raza

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