Africa produces around 70-75% of the world’s cocoa, yet captures only a fraction of the value generated by the global chocolate industry. Now, four of the continent’s largest producers—Nigeria, Ghana, Côte d’Ivoire, and Cameroon—are seeking to change that. At the 2026 Cocoa Value Addition Summit in Abuja, the countries signed the Abuja Declaration, establishing the Cocoa Value Addition Alliance to shift Africa from exporting raw cocoa beans toward processing, manufacturing, a

Nigeria’s stock market has become the world’s best-performing equity market in dollar terms in 2026, delivering a remarkable 67% return and outperforming 91 other exchanges. The rally marks a dramatic turnaround for a market long weighed down by currency instability and foreign exchange shortages, with a stronger naira and renewed investor confidence helping attract capital back into Africa’s largest economy. The resurgence has been fuelled by improving foreign exchange liqui