The International Cocoa Organisation determined to forge ahead with relocated African headquarters

IVORY COAST – With the recently relocated International Cocoa Organisation (ICCO) headquarters from London to Abidjan, in Ivory Coast, the ICCO is poised to deliver more on its goals. The ICCO headquarters were moved to […]

Ghana and Cote D’Ivoire lift suspension on 2020/2021 cocoa sales

WEST AFRICA – Ghana and Cote D’Ivoire, the world’s two largest cocoa producers have lifted the suspension of cocoa sales for the 2020/2021 season. The two West African countries, on June 12 announced the decision […]

Cargill commits to promoting a sustainable cocoa sector in Ghana and Cote d’Ivoire

WEST AFRICA – Cargill Cocoa and Chocolate has reiterated its commitment to work closely with cocoa regulators and other stakeholders in Ghana and Cote d’Ivoire to ensure a long term and sustainable impact for farmers […]

World’s leading cocoa producers agree on ‘additional’ US$400 income for farmers

COTE D’IVOIRE – Ghana and Cote D’Ivoire, the world’s leading cocoa producers accounting for 65% of global cocoa output, have firmed up on their decision on the cocoa floor with a follow-up meeting in Abidjan. […]

Ivory Coast aims at achieving sustainable cocoa sourcing by 2024

IVORY COAST – Ivory Coast, the world’s leading cocoa producer, has unveiled that it plans to stamp out illegal cocoa production from national parks and forest reserves over the next five years. As the West […]

USAID, World Cocoa Foundation unveil US$2m fund to boost cocoa sector in Ivory Coast

IVORY COAST – The United States Agency for International Development (USAID) in partnership with the World Cocoa Foundation has announced a US$2 million fund to boost cocoa sector in Ivory Coast. Mark Green, USAID Administrator […]

Vietnamese firm eyes West Africa’s cashew nut market as leading player

WEST AFRICA – T&T Group JSC, a Vietnamese conglomerate has unveiled plans of venturing into West Africa’s cashew nut sector with an aim of consolidating its position as the leading player in the sector ahead […]

Leading cocoa producer, Ivory Coast adopts new cocoa trading system

IVORY COAST – World’s leading cocoa producing country, Ivory Coast, revealed that it has commenced trading its cocoa directly to the world’s top traders, switching from its previously used system- through auctions. According to the […]

Cocoa prices expected to increase amid poor weather conditions

NIGERIA – A Financial Derivatives Company’s (FDC’s) commodity updated has projected an increase in coca prices at the international market due to persisting poor weather conditions in the major producing countries. According to the Daily […]

Cargill outlines plan to achieve 100% cocoa traceability in ending deforestation

NETHERLANDS – The US based agricultural cooperative, Cargill plans to eliminate deforestation in its cocoa supply chain by achieving 100% cocoa bean traceability in its operations. The company has committed to avoid further conversion of […]