Edward George

Europe Sugar-Quota Ban May Raise African Trade, Ecobank Says

An end to sugar quotas in the European Union, expected by the EU Council as early as 2017, may promote trade of the sweetener within Africa as Ethiopia and Nigeria plan to raise output, said Ecobank Transnational Ltd.

Ivory Coast Cocoa Crop Stuck Below Record Without Changes

Ivory Coast cocoa output, the world’s largest, will be stuck below the record unless industry changes succeed, an analyst at Ecobank Transnational Inc. said.

World Trade Financing Seen Down 15% as European Banks Pull Back

World trade financing fell 15 percent in this year’s first nine months as European banks curbed lending amid the region’s debt crisis, according to Ecobank Transnational Inc.

Cocoa May Be in Surplus in 2011-12 as Demand Falls, Ecobank Says

Cocoa supplies may outpace demand for a second year in the 2011-12 season starting in October as consumption falls, according to Ecobank Transnational Inc., the Togo-based lender operating in more than 30 African countries.

Cameroon Seeks to Boost Cocoa Quality to Sustain European Sales

Cameroon, West Africa’s fourth- biggest cocoa grower, wants to boost the quality of its crop to sustain exports to Europe, the largest processing region.

Osborne Said to Look Beyond Bank of England for King Successor as Governor

Chancellor of the Exchequer George Osborne is considering looking outside the Bank of England for a successor to Mervyn King, which would be the first such move in 30 years, according to two people with knowledge of the matter.

Tanzania Will Need to Import 160,000 Tons of Sugar, Ecobank Says

Tanzania will need to import at least 160,000 metric tons of sugar this year to meet a deficit of the sweetener, Togo-based lender Ecobank Transnational Inc. said.

Cocoa Bean Deliveries to Ivory Coast’s Ports Seen Falling 4.4%

Deliveries of cocoa beans for export from ports in Ivory Coast, the world’s largest producer, fell 4.4 percent this season, according to Ecobank Transnational Inc.

Ivorian Cocoa Crop to Be 1.385 Million Tons, Ecobank Says

The cocoa crop in Ivory Coast, the world’s largest grower, will fall from a record 1.5 million metric tons to 1.385 million tons in the season starting next month, according to Lome, Togo-based lender Ecobank Transnational Inc.

Nigeria Plans to Boost Food Supply by 20 Million Tons

Nigeria, which spends $10 billion a year importing wheat, sugar, rice and fish, plans to boost domestic food production by 20 million metric tons by 2015, according to the country’s agriculture ministry.

"The discounts will apply mostly to mid-crop beans and it shows that there was a massive pressure from traders and processors on the government."

- Edward George on Jun 14, 2013

London

Africa

Europe

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