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Key Takeaways from Lutheran World Relief and TRACE Project Workshop

The three-day high-level multi-stakeholder workshop on traceability, organized by the US Department of Agriculture TRACE Project and Lutheran World Relief, was a truly enlightening experience. Held from the 24th to the 26th of November, the event brought together industry leaders, experts and key stakeholders, from Nigeria’s cocoa and agro-commodities sector.…
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Unraveling the Cocoa Season – the Good, the Bad, and the Ugly

Oil exports have dominated Nigerian foreign exchange earnings for years, but cocoa remains one of the country’s largest non-oil exports, accounting for 5.6% of Nigeria’s total non-oil exports in 2023.  As we get into the 2024/2025 cocoa season, the potential for cocoa revenue growth is high, with anticipation of a…
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Sunbeth global concepts - Careers

The Importance of Fair Trade Practices in the Cocoa Industry

A glance at the financial figures from the global cocoa industry and other statistics involving the value chain will make you believe every participant in the cocoa supply chain must be wealthy. However, the hype around the profitability and lucrative nature of the cocoa industry does not reflect the true…
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Sunbeth Global Concepts - Cocoa - IMage 3

The Economics of Cocoa Production and Export in Nigeria

The cocoa industry is a key contributor to the overall value of the Nigerian agricultural sector. Beyond that, cocoa’s economic impacts are evident in its contributions to Nigeria’s GDP – providing stable sources of livelihoods for farmers, distributors, and other value chain operators. Unsurprisingly, the physical transfer of several metric…
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Cocoa beans and cocoa pod on a wooden surface.

Understanding Regulatory Frameworks and Compliance in Cocoa Export

International cocoa trade is a significant contributor to the global economy and a key revenue source for many countries like Cote d’Ivoire, Ghana, Nigeria, and Cameroon. In addition, the general cocoa value chain is an economic mainstay in these countries, providing means of livelihoods for millions of farmers and meeting…
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