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Ivory Coast
Cocoa unions resist rolling blackout plans

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. [...]

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

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. [...]

Published on 14/05/2021 at 06:00 GMT Reading time 3 minutes

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Energy, Commodity traders, Business

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

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Alassane Ouattara
Amidou Traore
ANARE-CI
Archer Daniels Midland
Bouygues
CGECI
Chocodi
CI-Energies
Compagnie Ivoirienne d'Electricite
Covid-19
Eurofind
Filtisac
Foxtrot International
Grands Moulins d'Abidjan
Nestle
Saco
Societe des Cimenteries d'Abidjan
Sucaf
Sucrivoire
UGECI
Uniwax

Ivory Coast
Agétip Energies faces two-year exclusion from public contracts

Après avoir été évincés d'un contrat d'électrification, Agétip énergies & services (AES), le Groupe bâtir Afrique (GBA) et Akura sont sur le point d'être suspendus des procédures d'attributions de marchés publics ivoiriens pour deux ans.

Subscribers only Infrastructure, Energy 02.06.2023

Ivory Coast
Ouattara troubled by Ukrainian war's impact on gas, wheat and oil

Despite Ivory Coast having a minimal dependence on the Russian and Ukrainian economies, the country is increasingly feeling the impact of the war in Ukraine, which has placed President Alassane Ouattara in a delicate position.

Subscribers only Commodity traders, Business 22.03.2022

Ivory Coast
Karpowership pips Aggreko to power station contract

The Ivorian government has opted for the offshore solution of the Turkish firm Karpowership over the onshore power plant option proposed by the UK's Aggreko.

Subscribers only Energy 23.09.2021

Ivory Coast
Patrick Achi's government calls on Aggreko, Total and Sahara Energy to help fix blackouts

Ivorian authorities reckon an LNG-fired backup power plant is the answer to the country's dire electricity shortage.

Subscribers only Energy 30.06.2021

Ivory Coast
Government back against the wall as energy woes continue

The Ivorian authorities are betting on the CI-11 block and the relaunch of a gas terminal plan - projects that have been neglected in recent years - to try to end the power cuts plaguing the country.

Subscribers only Energy 14.06.2021

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

Legal wrangle stirs up the cosy cocoa community

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.

Subscribers only 19.02.2021

Ivory Coast
Foxtrot Block CI-27 drilling faces possible delay

Foxtrot International planned to launch its drilling campaign on Block CI-27 in April using the Sapura Berani platform, but it may now have to delay the project.

Subscribers only Energy 02.02.2021

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Alassane Ouattara
Amidou Traore
ANARE-CI
Archer Daniels Midland
Bouygues
CGECI
Chocodi
CI-Energies
Compagnie Ivoirienne d'Electricite
Covid-19
Eurofind
Filtisac
Foxtrot International
Grands Moulins d'Abidjan
Nestle
Saco
Societe des Cimenteries d'Abidjan
Sucaf
Sucrivoire
UGECI
Uniwax

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Ivory Coast
Cocoa unions resist rolling blackout plans

West African cocoa cartel battles with the traders

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West African cocoa cartel battles with the traders

Set up email notifications for these topics

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About Africa Intelligence

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Indigo Publications' websites

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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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Ivory Coast Cocoa unions resist rolling blackout plans

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

Set up email notifications for these topics

Ivory Coast Agétip Energies faces two-year exclusion from public contracts

Ivory Coast Ouattara troubled by Ukrainian war's impact on gas, wheat and oil

Ivory Coast Karpowership pips Aggreko to power station contract

Ivory Coast Patrick Achi's government calls on Aggreko, Total and Sahara Energy to help fix blackouts

Ivory Coast Government back against the wall as energy woes continue

Ivory Coast Beijing hijacks Ouattara's 'cocoa revolution'

Ivory Coast Olam loses its cocao crown

Legal wrangle stirs up the cosy cocoa community

Ivory Coast Foxtrot Block CI-27 drilling faces possible delay

Set up email notifications for these topics

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
Cocoa unions resist rolling blackout plans

Ivory Coast
Agétip Energies faces two-year exclusion from public contracts

Ivory Coast
Ouattara troubled by Ukrainian war's impact on gas, wheat and oil

Ivory Coast
Karpowership pips Aggreko to power station contract

Ivory Coast
Patrick Achi's government calls on Aggreko, Total and Sahara Energy to help fix blackouts

Ivory Coast
Government back against the wall as energy woes continue

Ivory Coast
Beijing hijacks Ouattara's 'cocoa revolution'

Ivory Coast
Olam loses its cocao crown

Ivory Coast
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