Traders are feeling the pressure as Ghana’s cocoa supply falters, with potential losses estimated at a staggering $1 billion. The country, one of the world’s top cocoa producers, has been hit hard by unfavorable weather conditions and a decrease in crop yield. This significant loss highlights the vulnerability of the global cocoa market and the importance of diversifying supply sources.
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Standard Bank And Kwenantle Farmers Partner For Sustainable Agric Growth
Standard Bank, through Stanbic Bank Botswana, has partnered with Kwenantle Farmers to promote eco-friendly farming practices in Botswana, enhancing sustainability and economic development. The collaboration includes financing a 1MW solar-powered irrigation system, reducing energy costs by 65% and enabling Kwenantle Farmers to expand operations, create 50 new jobs, and increase annual production. This partnership emphasizes environmental stewardship, community development, and aligning with the UN Sustainable Development Goals, setting a new standard for sustainable agriculture and...
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