Cocobod rejects claims of syndicated loans for main cocoa harvest
Cocobod, Ghana's cocoa regulator, has said it will not ask for a bridging loan from traders and that financing for the 2024-25 season will be raised locally
Hershey invests in education system for cocoa-farming communities in West Africa
The US confectionery giant has teamed up with the government of Cote d’Ivoire and other partners to fund the construction of 12 new schools and make significant investments in infrastructure.
Ghana asks cocoa traders for bridging loan to cover main 2024 harvest
Ghana’s cocoa regulator (Cocobod) has asked for loans from major bean traders, including Barry Callebaut and Olam Group, amid uncertainty over crop output. The regulator seeks to borrow $500 million to finance industry operations.
The most crucial cocoa stories this week
Dry weather in West Africa impacts cocoa prices, Fairtrade calls on EC to protect farmers over EUDR, two conferences in September keeps cocoa dialogue open
The most important cocoa stories this week
Editor’s picks: Hersey and Mondelēz report second-quarter drop in sales, cocoa futures rally; Rainforest Alliance publishes first audited EUDR certification holders.
Mapping the EUDR: 10 satellite and imagery providers tracing cocoa farms
CocoaRadar scopes out 10 data companies working with cocoa operators to provide accurate polygon maps for EUDR-ready due diligence statements.
Alarm bells ring over EUDR as chocolate companies urge urgent action from EC on implementation
The cocoa industry has called for the European Commission (EC) to create a special ‘Standing Committee’ to make sure the EUDR can be implemented on time and smoothly at the end of 2024.
European Commission to open EUDR registry to operators and traders from November 2024
The Deforestation Due Diligence Registry has been published with additional details on the EC's regulation on deforestation-free products, as major chocolate companies urge the EU not to delay the bill.
Candy innovator Tessa Porter reaches out to Tesla to help create new gummy brand
What's behind Tesla's plans to launch a new candy brand - and could Sprinkk's Tessa Porter give Elon Musk a helping hand?
