Trade

Ghana Cocoa Board (Cocobod) has secured its thirtieth successive cocoa syndicated loan facility to purchase the country's 2022/23 crop. The $1.13 pre-export receivables backed trade finance facility was pooled by a consortium of…
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Ivory Coast has started selling cocoa contracts for the 2023/24 season with a non-negative premium industry. The action happens to be the first of its kind in three years as regulators seek to support farmers. According to Reuters,…
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Global cocoa production giants Ghana and Cote d'Ivoire say effective this month, August 2022, their cocoa would sell at a positive origin differential, a market premium earned for the quality of produce. The resolve announced by the Cote…
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Ghana is said to be paying as much as $400 million yearly in cocoa producer price subsidies following a sustained assault on the international market price for the commodity. The country in September 2020 announced an unprecedented 28…
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Global cocoa-producing giants, Ghana and Cote d'Ivoire, are suspecting chocolate companies of perpetrating a deliberate price manipulation scheme for their produce, much to the disadvantage of their farmers. The Chief Executive of Ghana…
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Bilateral cooperation between West African neighbours, Cote d'Ivoire and Ghana, introduced a new cocoa pricing mechanism in 2019 targeting a floor price of $2600 per tonne. Chocolate companies and cocoa traders accepted the proposal…
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Effective by the end of this month, May 2022, Cote d'Ivoire - Ghana Cocoa Initiative will begin a monthly publication of origin differential premium paid by multinational buyers for cocoa beans from Ghana and Cote d'Ivoire. A joint…
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For the intermediate marketing campaign which opens on April 1, the farm gate price per kilogram of cocoa is maintained at 825 FCFA, as in the main campaign. The announcement was made by the Minister of State, Minister of Agriculture and…
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Fairtrade Africa has held a joint planning and review meeting with its partners to assess the progress of implementation of the West Africa Cocoa Programme (WACP). The meeting also afforded the certification organisation the opportunity…
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Disbursement of Ghana Cocoa Board's $1.5 billion dollar cocoa syndicated loan is set to begin latest October 4, 2021. Despite hitting a record cocoa production milestone, Ghana's 2020/21 crop year was bedevilled with widespread payment…
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