Vontobel Sees Cocoa Hitting $8,000 a Ton on El Niño Threat
Asset manager Vontobel is eyeing a 50% cocoa rally on the risk that a super El Niño could hit an already disease-weakened crop in West Africa.
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Asset manager Vontobel is eyeing a 50% cocoa rally on the risk that a super El Niño could hit an already disease-weakened crop in West Africa.
The bigger of Africa’s two multi-country bourses is expanding its product offering as it seeks to deepen its capital markets, broaden its investor base and boost trading volumes.
Development lenders, governments and regulators need to deepen African markets so that every dollar they deploy can attract $10 more of commercial capital, an official at the World Bank’s private-sector arm said.
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