GHANA - Barry Callebaut, one of the world’s largest cocoa producers and grinders has signed a letter of intent with Ghana and Ivory Coast to clear and replant trees infected with swollen-shoot virus disease in an initiative to ensure sustainable cocoa farming. The initiative, in collaboration with Ghana Cocoa Board (COCOBOD) and the Coffee Caco…
IVORY COAST - Cocoa exporters in Ivory Coast are demanding that the industry regulator returns the costs and credit guarantees offered for contracts that cannot be met due to a shortage of beans, according to four people familiar with the matter. Shippers in the world’s biggest cocoa producer are struggling to find beans after arrivals…
IVORY COAST - Heineken said it aims to double its beer production in Ivory Coast by next year as it bids to compete with French company Castel in a booming market. Beer consumption in Africa’s fastest growing economy has increased since the end of a decade-long political crisis in 2011, and Castel dominates sales with…
IVORY COAST - Despite Cote d’Ivoire still being dominated by a traditional trade retail base, the Nielsen Shopper World Conference held in Abidjan, Cote d’Ivoire, has found that the country’s modern trade arena has seen the greatest evolution in the last two years and therefore holds the most potential for growth. This has been spurred…
GHANA - Ghana and Cote d'Ivoire are working together to address the unfavorable global cocoa pricing regime to reduce the vulnerability of both nations to the volatility of the markets, President Nana Addo Dankwa Akufo-Addo of Ghana has said. He described as "manifest injustice" the situation where, for the 2015 crop season, both countries earned…
IVORY COAST - Ivory Coast, the world’s biggest cocoa producer, cut farmers’ pay for the new main season by more than a third as forecasts for a second annual global oversupply weigh on prices. Farmers will receive a guaranteed price of 700 CFA francs ($1.23) a kilogram for the larger of the two annual harvests…
GHANA - Ghana and Ivory Coast are seeking a joint US$1.2 billion loan facility from the African Development Bank (AfDB) to establish warehouses and set up chocolate manufacturing facilities, a senior Ghanaian government official has said. The plea is in response to the sharp decline of the price of cocoa on the world market, the…
IVORY COAST – Ivory Coast, the world’s biggest cocoa producer, has sold 1 million metric tons of cocoa beans from its 2017 to 2018 main crop, according to a person familiar with the matter.
IVORY COAST – Dekeloil Public Limited has taken full ownership of the Ayenouan palm oil project in Côte d’Ivoire.
IVORY COAST – Dekeloil Public Limited has taken full ownership of the Ayenouan palm oil project in Côte d’Ivoire.
