West Africa Economy News
Latest articles and news about West Africa Economy on AXL Media.
Latest Articles
- Ghana emerges as West African fintech powerhouse with 300 billion dollar transaction milestone
Published: Apr 6, 2026
Section: Africa
Ghana has solidified its position as a leading digital economy anchor in West Africa, recording approximately 300 billion dollars in mobile money transactions over the past year. D...
- Ghanaian Cocoa Sector Faces One Billion Dollar Loss Following Production Collapse and Market Miscalculation
Published: Mar 28, 2026
Section: Africa
Ghana has reported its lowest cocoa production in 15 years, dropping to 530,873 tonnes due to illegal mining and disease. The decline caused a massive financial shortfall after the...
- Ghanaian Cocoa Sector Faces Liquidity Crisis as Farmer Prices Diverge From Global Market Trends
Published: Mar 20, 2026
Section: Africa
Licensed cocoa buyers in Ghana are struggling with a severe cash shortage that has halted bean purchases despite a recent 30% reduction in fixed farmer prices. The mismatch between...
- Ivory Coast Cocoa Crisis: Government Slashes Producer Prices by 60% as Global Market Crashes
Published: Mar 5, 2026
Section: Africa
The government of Ivory Coast, the world's leading cocoa producer, announced a drastic 57% reduction in the price paid to farmers on Wednesday. The price has been cut from a record...