On March 13, Nigerian cocoa trader Sunbeth raised $118.5M to expand export operations per. Also on March 13, sources indicated Ivory Coast is considering reforming its cocoa marketing system to tackle excess supply per. In Cameroon, local processing capacity crossed the 100,000 MT mark with the launch of Samen Industry's new 32,000 MT plant in Baré-Bakem per. On the security front, on March 13, Cameroonian military forces rescued 31 hostages in the Ndian Division of the Southwest region who had been kidnapped by Ambazonia separatist fighters per. This tactical victory highlights the severe and ongoing security risks in the core cocoa belt. Meanwhile, to bypass severely degraded road infrastructure, Gulfcam is advancing plans to shift 50% of Douala-Kribi freight to maritime cabotage per. The combination of stagnant farmgate prices (1,100-1,200 FCFA/kg) and extreme Nigerian smuggling arbitrage continues to threaten supply chains. This economic pressure is severely compounded by critical weather conditions. Sustained humidity peaking at 96% in the Southwest and Littoral regions has triggered severe Black Pod disease alerts, threatening late main crop quality and volume just as regional competitors inject liquidity to stabilize their own sectors.
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