In 2026, prices of oil, gold, wheat, beef, and other commodities hit all-time highs, fueled by the inflationary effects of the Iran war. But one global good has plummeted - cocoa.
In the last year, prices have fallen 70%. An industry riddled by moral and social challenges, including child labour exploitation, carbon footprint, and deforestation, is now also under economic threat.
The future of West African cocoa, in particular, being subject to smuggling, storage constraints, financing challenges, and global regulatory hurdles, is falling into question.
Trade Finance Global (TFG) sat down with Dr Tedd George, CEO of Kleos Advisory and a regional and industry expert, to discuss the regulatory, financial, and ecological frameworks needed to make West African cocoa sustainable.