Poverty

A new stakeholder expert group has been constituted to explore a lasting solution to the cocoa price standoff between West African producers and buyers. Announcing the move, the Cote d'Ivoire-Ghana Cocoa Initiative (CIGCI) said the…
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A cocoa farmer, Ishmael Pomasi, says poor prices for cocoa continue to remain a daunting puzzle yet to be tackled by cocoa buyers and chocolate multinationals. Pomasi, who is also the chairman of the Cocoa Abrabopa Association, regrets…
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The African Development Bank (AfDB) and partners have launched a $520 million Special Agro-Industrial Processing Zones(SAPZ) programme to transform Nigeria’s agriculture. This move has been necessitated by AfDB’s commitment to ending…
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Cocoa farmers and civil society organisations (CSOs) have jointly endorsed Ivory Coast and Ghana cocoa regulators' boycott of the World Cocoa Foundation partnership meeting in Brussels this week. In a statement copied to Cocoa Post, the…
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Nigeria and Cameroon are reported to have formally requested to join the Cote d’Ivoire-Ghana Cocoa Initiative (CIGCI), an alliance advancing the interests of the two leading cocoa producers in the world. According to officials, the two…
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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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A Position Paper by Cocoa Post The European Commission in November 2021, tabled a proposed legislation before the EU parliament that will enforce regulation on certain imported products on its market deemed to be associated with…
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A joint platform of Ghanaian and Ivorian Civil Society Organisations (CSOs) and cocoa farmers has made a strong call for reforms in the international pricing mechanism for cocoa to guarantee a living income for farmers. The group has…
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Leading multi-national chocolate companies and key industry actors have assembled in Accra, the capital of Ghana, for crunch discussions bordering on cocoa trade at the instance of the Cote d'Ivoire Ghana Cocoa Initiative (CIGCI). A…
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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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