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Legal wrangle stirs up the cosy cocoa community

Read this article in our running story

“West African cocoa cartel battles with the traders”

Ghana, Ivory Coast

West African cocoa cartel battles with the traders

By jointly introducing a premium of $400 per tonne on cocoa beans in autumn 2020, Ivory Coast and Ghana were seeking to ensure that cocoa producers' revenues were maintained. In so doing, however, they sparked off an open war with the big commodity traders, who have since taken steps to get round the measure and avoid paying the premium. This battle of wills has paralysed a sector which has already been badly affected by Covid-19 and speeded up the transformation of the trading sector, encouraging Ghana and Ivory Coast to trade their cocoa beans on their own account. [...]

FCC, the all-powerful cocoa regulatory body, is due in the next month to rule on a dispute between one of its active committee members, the trader and founder of the RockWinds trading company Matthew Stolz, and the Ivorian firm Africa Commodities. [...]

Published on 19/02/2021 at 06:00 GMT Reading time 2 minutes

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Read this article in our running story

“West African cocoa cartel battles with the traders”

Ghana, Ivory Coast

West African cocoa cartel battles with the traders

Ivory Coast
Loic Folloroux loses another round to RockWinds in marathon cocoa court case

The Bordeaux Court of Appeal has upheld a first instance ruling in the multi-million euro dispute between the French-Ivorian trader and the Bordeaux-based firm.

Subscribers only Commodity traders 18.04.2023

Ivory Coast
RockWinds and Africa Sourcing's spat over €5m cocoa investment bounces back in Paris

The dispute between Matthew Stolz's RockWinds trading company and its former Ivorian partner Africa Sourcing, which is claiming back €5m RockWinds invested in cocoa futures, has already been arbitrated in London but is now the subject of proceedings at a Paris court.

Subscribers only Commodity traders, Business 11.01.2022

Mozambique
Mauritian ETG hungry for cashews after Olam's exit

Export Trading Group, an agricultural conglomerate registered in Mauritius and owned by the Patel family, is making moves on Mozambique's cashew nuts, up for grabs since the departure of agrifood giant Olam.

Subscribers only Commodity traders, Business 19.05.2021

Ivory Coast
Cocoa unions resist rolling blackout plans

For weeks frequent power cuts have put pressure on the country and industry unions have held several meetings with the ministry of energy to review its rolling blackout plan.

Subscribers only Energy, Commodity traders, Business 14.05.2021

An employee of the Ivory Coast Electricity Company (CIE) at a hydroelectric dam station.

Ivory Coast
Beijing hijacks Ouattara's 'cocoa revolution'

The Ivorian presidency is keen to spread the country's wings as a cocoa trader in its own right. But China has been quick to clip them.

Subscribers only Commodity traders, Business 06.05.2021

Ivory Coast
Olam loses its cocao crown

The first buying period for the 2020-21 cocoa season ended on 31 March and initial results show a major rebalancing between the main buyers. Agri-business behemoth Olam lost the pole position it had held among buyers of Ivorian beans since 2016 to US firm Cargill West Africa.

Subscribers only Commodity traders, Business 20.04.2021

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Legal wrangle stirs up the cosy cocoa community

West African cocoa cartel battles with the traders

This article may be accessed by subscribers

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West African cocoa cartel battles with the traders

Ivory Coast
Loic Folloroux loses another round to RockWinds in marathon cocoa court case

Ivory Coast
RockWinds and Africa Sourcing's spat over €5m cocoa investment bounces back in Paris

Mozambique
Mauritian ETG hungry for cashews after Olam's exit

Ivory Coast
Cocoa unions resist rolling blackout plans

Ivory Coast
Beijing hijacks Ouattara's 'cocoa revolution'

Ivory Coast
Olam loses its cocao crown

Ivory Coast
Ouattara follows up on cocoa price increases with national preference quota plan

Ivory Coast
Cocoa giants forced to allow locals to purchase beans

Ivory Coast
Local cocoa traders squeezed out

Ivory Coast
Bitter-tasting chocolate for Cargill, Touton and Olam & Co

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

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West African cocoa cartel battles with the traders

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Legal wrangle stirs up the cosy cocoa community

West African cocoa cartel battles with the traders

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

West African cocoa cartel battles with the traders

Ivory Coast Loic Folloroux loses another round to RockWinds in marathon cocoa court case

Ivory Coast RockWinds and Africa Sourcing's spat over €5m cocoa investment bounces back in Paris

Mozambique Mauritian ETG hungry for cashews after Olam's exit

Ivory Coast Cocoa unions resist rolling blackout plans

Ivory Coast Beijing hijacks Ouattara's 'cocoa revolution'

Ivory Coast Olam loses its cocao crown

Ivory Coast Ouattara follows up on cocoa price increases with national preference quota plan

Ivory Coast Cocoa giants forced to allow locals to purchase beans

Ivory Coast Local cocoa traders squeezed out

Ivory Coast Bitter-tasting chocolate for Cargill, Touton and Olam & Co

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Ivory Coast
Loic Folloroux loses another round to RockWinds in marathon cocoa court case

Ivory Coast
RockWinds and Africa Sourcing's spat over €5m cocoa investment bounces back in Paris

Mozambique
Mauritian ETG hungry for cashews after Olam's exit

Ivory Coast
Cocoa unions resist rolling blackout plans

Ivory Coast
Beijing hijacks Ouattara's 'cocoa revolution'

Ivory Coast
Olam loses its cocao crown

Ivory Coast
Ouattara follows up on cocoa price increases with national preference quota plan

Ivory Coast
Cocoa giants forced to allow locals to purchase beans

Ivory Coast
Local cocoa traders squeezed out

Ivory Coast
Bitter-tasting chocolate for Cargill, Touton and Olam & Co