Mars expands collaboration in women focused agribusiness initiative with US$10m investment

WEST AFRICA – Mars, the global manufacturer of confectionery, pet food, and other food products has partnered with CARE, a leading humanitarian organization fighting global poverty, to promote women’s social and economic empowerment in cocoa-growing […]

Cocoa cooperative in Côte d’Ivoire receives backing from ABC Fund

COTE D IVOIRE – Socak Katana, a cocoa cooperative in Côte d’Ivoire has received an undisclosed amount of investment from the Agri-Business Capital Fund (ABC Fund), managed by Bamboo Capital Partners, in partnership with Injaro. […]

Nestle teams up with regional partners to launch youth-focused initiative in Africa

AFRICA – The multinational food and drink processing conglomerate corporation, Nestle in partnership with its regional partners has launched the Regional Alliance for YOUth in Sub-Saharan Africa. This joint effort is part of the company’s […]

Côte d’Ivoire, Ghana cocoa farmers to reap from the newly introduced premium living income

WEST AFRICA – Ghana and Côte d’Ivoire have agreed to sell cocoa with a premium Living Income of $400 a tonne added to the price in a bid to address a perceived imbalance between farmers’ […]

Cargill plans US$120.5m investment in expanding Côte d’Ivoire’s cocoa grinding plant

CÔTE D’IVOIRE – Multinational agribusiness company, Cargill has unveiled plans of investing US$120.5million in expanding its cocoa grinding plant in Micao, Côte d’Ivoire, reports Ecofin. The investment will see the company increase the facility’s annual […]

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 […]

Ghana, Cote d’Ivoire to begin implementing cocoa floor price in 2020/2021

WEST AFRICA – Ghana and Cote d’Ivoire have scheduled the 2020/2021 season as takeoff for implementation of the agreed minimum price for cocoa produced in the two countries. As per the provisions of the agreement, […]

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. […]