Explainer-How did Ivory Coast and Ghana’s cocoa sales crisis come about?

By Reuters Commodities First Published 02/26/2026, 11:00 AM,Updated 02/26/2026, 11:48 AM By May Angel The producers of half the world’s cocoa – Ivory Coast and Ghana – have struggled to sell beans and pay farmers this year due to ample global harvests, lower cocoa prices and falling demand from chocolate makers for the ingredient. Why did the two countries fare worse than rival producers and what are they doing to address the problem? HOW DID WE GET HERE? Cocoa is not freely traded in Ivory Coast and Ghana. Rather, the…

Dangote Cement signs $1bn deal with Sinoma for 12 new plants across Africa

by Caleb Obiowo, Nairametrics First Published- February 28, 2026 Dangote Cement Plc has signed a $1 billion agreement with Sinoma International Engineering for the construction of 12 new cement plants and the expansion of existing facilities across Africa. The deal was disclosed by MarketForces Africa following the signing of a Memorandum of Understanding (MoU) in Lagos on Friday. The agreement supports Dangote Cement’s drive to scale production, expand its market footprint, and consolidate its leadership across the continent What they are saying  Aliko Dangote, President and CEO of Dangote Industries Limited, described the projects as key enablers for reaching a production…