Cocoa Updates

Hershey: Tentative on innovation?

Hershey’s CEO has said that pacing is important in innovation and while efforts have been “far more disciplined” than in the past, it is still committed to new product development (NPD). Read more… Read More

In The News

Haigh’s sweet success in Sydney

In a move that comes after Darrell Lea being placed into voluntary administration and closing 32 shops, Haigh’s Chocolate is opening a second Sydney store in the Queen Victoria building. Read more… Read More

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World Cocoa Production

Although cocoa is cultivated in a wide array of countries around the equator, 70% of the production originates from Ivory Coast, Ghana and Indonesia. Besides, the vast majority of cocoa beans come from Africa, where its cultivation was introduced from… Read More

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Encouraging Profitable, Sustainable, Cocoa Growing

According to Bill Guyton, President of the World Cocoa Foundation, who visited IFC recently, cocoa is a potential economic engine in tropical rural areas, generating incomes and opportunities for farm families and communities. During his visit, Guyton highlighted the importance… Read More

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Africa Grows Too Hot to Grow Chocolate

Climate change could destroy West Africa’s cocoa farms, disrupting domestic and international economies, experts say.  By 2060, more than half of the cocoa-producing countries in the region may be too hot to grow the crop, according to a report released… Read More

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