Good Morning Africa

Supply concerns in West Africa as Cocoa prices surge.

March 14, 2024 The K Financial
Good Morning Africa
Supply concerns in West Africa as Cocoa prices surge.
Show Notes

🎙Global cooperation has been critical for the impressive expansion of well-being and opportunities in the past 70 years.

🎙Bitcoin pushed further into record territory on Wednesday as a rally in cryptocurrencies continued apace.

🎙Cocoa futures resumed their upward trend to trade around 7,950 per pound, marking a new historic high, attributed to ongoing supply concerns in West Africa.

🎙BK Capital has today launched the Tekana Personal Pension Scheme.

🎙Ghana's annual consumer inflation eased slightly to 23.2% in February 2024, compared with 23.5% in January but still well above the central bank's target band of 6% to 10%.

🎙The annual inflation rate in Angola accelerated for the 10th straight month to 24.07% in February 2024, up from 21.99% in the previous month and marking its highest reading since May 2022.