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Ivory Coast
EU ambassador Jobst Von Kirchmann plays lobbyist for international cocoa giants

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“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. [...]

The European Union's ambassador to Ivory Coast Jobst Von Kirchmann. © Sia Kambou/AFP

The EU ambassador in Ivory Coast has questioned in a official letter the legality of a new measure which forces cocoa multinationals to reserve 20% of their contracts for Ivorian partners - an intervention that has greatly irked the Ivorian authorities. [...]

Published on 26/11/2021 at 05:00 GMT Reading time 2 minutes

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Letter from Jobst Von Kirchmann to Patrick Achi (in French)

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Commodity traders, Business

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“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
Anne Lugon
Conseil Cafe Cacao
European Union
Ingo Herbert
Jean-Christophe Belliard
Jobst von Kirchmann
Michael Wimmer
Monica Dezcallar
Patrick Achi
Richard Keith Bell
Stefano Lo Savio
Yvette Daoud

West Africa
Abidjan and Accra allied against multinationals in new cocoa war

The heads of Ghana Cocobod and Ivory Coast's Conseil Café Cacao were in Accra last week to refine their joint strategy in the face of the industry's trading giants and industrialists, who are considering diversifying their supplies elsewhere.

Subscribers only Commodity traders 12.07.2022

Ivory Coast
Ouattara struggles to implement preference for national cacao suppliers

Ivory Coast has new rules that oblige international operators to award 20% of their cocoa bean supply contracts with confectionary manufacturers to Ivorian producers. But the sector's foreign giants have still dominated over local players in the 2021-2022 cocoa harvest.

Subscribers only Commodity traders, Business 14.12.2021

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

The big agricultural trading houses, which are still resisting the minimum pricing system introduced by Ivory Coast and Ghana last year, now risk seeing their share of the chocolate market reduced in favour of their Ivorian competitors.

Subscribers only Commodity traders, Business 08.02.2021

Ivorian President Alassane Ouattara on World Cocoa Day, 1 October 2020.

Ivory Coast
Ouattara's bid for third term deepens his diplomatic isolation

The Ivorian president's unshakable determination to run for re-election on 31 October is increasingly irking the international community. At the same time, several West African states are unhappy over the treatment of the former head of state Laurent Gbagbo.

Subscribers only Diplomacy 06.10.2020

Ivorian President Alassane Ouattara is determined to run for a third term.

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Alassane Ouattara
Anne Lugon
Conseil Cafe Cacao
European Union
Ingo Herbert
Jean-Christophe Belliard
Jobst von Kirchmann
Michael Wimmer
Monica Dezcallar
Patrick Achi
Richard Keith Bell
Stefano Lo Savio
Yvette Daoud

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EU ambassador Jobst Von Kirchmann plays lobbyist for international cocoa giants

West African cocoa cartel battles with the traders

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West African cocoa cartel battles with the traders

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Ouattara struggles to implement preference for national cacao suppliers

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Indigo Publications' websites

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Ivory Coast EU ambassador Jobst Von Kirchmann plays lobbyist for international cocoa giants

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

West Africa Abidjan and Accra allied against multinationals in new cocoa war

Ivory Coast Ouattara struggles to implement preference for national cacao suppliers

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

Ivory Coast Ouattara's bid for third term deepens his diplomatic isolation

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

Cameroon, Central African Republic
Between business and politics, the secrets of Antoine Ndzengue's rise

Ivory Coast
EU ambassador Jobst Von Kirchmann plays lobbyist for international cocoa giants

West Africa
Abidjan and Accra allied against multinationals in new cocoa war

Ivory Coast
Ouattara struggles to implement preference for national cacao suppliers

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

Ivory Coast
Ouattara's bid for third term deepens his diplomatic isolation