Author: Gift Ifeanyi
Gift Ifeanyi
Gift Ifeanyi is a passionate and talented young web developer with a flair for storytelling and a keen interest in business and entrepreneurship. She brings a fresh perspective and a tech-savvy approach to delivering daily news and insights on the ever-evolving world of startups, innovation, and business trends. With a commitment to excellence and a drive to inspire the next generation of entrepreneurs, Gift is dedicated to creating engaging and informative content that empowers readers to thrive in the dynamic business landscape.
Rising cocoa prices are generating increased interest in positioning Nigeria as a significant player in the cocoa industry, with aspirations to compete with leading producers Ivory Coast and Ghana, where crops have suffered due to climate change and disease. Nigeria has faced challenges in diversifying its oil-dependent economy, but the surge in global cocoa prices, which reached a record $12,000 per ton in December, has drawn renewed attention to cocoa bean production. “The farmers have never had it so good,” stated Patrick Adebola, executive director at the Cocoa Research Institute of Nigeria, in an interview with Agence France-Presse (AFP). This…