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Ivory Coast
Abidjan keeps up cocoa pressure on Brussels

As the start of the 2023-2024 cocoa season approaches, the Conseil Café-Cacao is stepping up pressure on the EU by continuing its blockade of forward sales of cocoa beans. [...]

Published on 28/09/2023 at 05:40 GMT Reading time 2 minutes

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Commodity traders

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Ivory Coast
Alassane Ouattara
Barry Callebaut
Cargill
Conseil Cafe-Cacao
Ecom
European Commission
European Union
Groupement des negociants ivoiriens
Olam
Patrick Achi
SUCDEN
Touton
Yves Brahima Kone

Ghana
Cocoa sector on tenterhooks after John Dramani Mahama's election victory

The president and his National Democratic Congress party will shortly have to appoint a new management team at Cocobod, the cocoa sector's regulatory body. So far, they have been vague about their plans for this key economic sector, which is in the grip of a serious crisis.

Subscribers only Commodity traders 24.12.2024

John Dramani Mahama casts his ballot at a polling station in Bole in north-western Ghana on 7 December 2024.

Ivory Coast
Cocoa: CCC chairman Yves Brahima Koné extends season for traders

Ivory Coast's cocoa and coffee regulator, the Conseil Café Cacao, is poised to further extend the purchasing contracts of bean exporters who were unable to fulfil them during the season running between 1 October to 30 March.

Subscribers only Commodity traders 19.06.2024

Ivory Coast
Conseil Café-Cacao to compensate exporters for unfulfilled contracts

The regulatory body has given in to traders' demands for compensation for cocoa purchasing contracts that were not executed during the season ending 31 March because of the poor harvest.

Subscribers only Commodity traders 13.05.2024

Ivorian minister of agriculture Kobenan Kouassi Adjoumani (left) and Yves Brahima Koné, director general of the Conseil Café-Cacao, in Abidjan, 2 April 2024.

Ivory Coast
Cargill and Barry Callebaut cocoa plants may grind to halt

Most of the major traders had anticipated a production drop of between 20% and 25%. However, almost 50% of the volumes sold by the Conseil Café-Cacao will not materialise before the end of the 2023-2024 harvest.

Subscribers only Commodity traders 02.02.2024

Ivory Coast
Local cocoa exporters are short of beans

Ivorian cocoa exporters like Africa Sourcing, Kineden and Ecookim have been unable to match the terms offered by the big international groups, who have tripled planters' bonuses. They have managed to execute only 40% of the contracts they signed for the 2023-2024 season.

Subscribers only Commodity traders 12.12.2023

Ivory Coast
Abidjan bides time on tax incentives extension for local cocoa processing

Cocoa giants Cargill, Barry Callebaut and Olam, which have been investing heavily in industry in Ivory Coast since 2016, have still not received a guarantee from government that it will continue with a tax policy that favoured local processing.

Subscribers only Commodity traders 06.12.2023

Ivory Coast
Cocoa regulator's credibility on line over 2023-2024 season

The cocoa selling season in Ivory Coast is turning into a fiasco for the Conseil Café Cacao, which traders have accused of promising non-existent quantities of beans.

Subscribers only Commodity traders 16.11.2023

Preparing bags of cocoa beans on an Ivorian farm, October 2023.

Ivory Coast
Cocoa: Abidjan faces boycott from trading giants after sales open

Having just opened advance sales for the 2024-2025 harvest, the Conseil Café Cacao is now facing a refusal from the major traders to match the prices set by Abidjan.

Subscribers only Commodity traders 31.10.2023

A farmer works with cocoa beans at a farm in Adzope town, southern Ivory Coast, 13 October 2023.

Ivory Coast
Abidjan weighs cost of sustainable cocoa

Ivory Coast is seeking increased aid from Brussels to transform its cocoa industry in response to changes in European standards. A team of experts commissioned by the prime minister's office has assessed the cost of the required changes.

Subscribers only Commodity traders 16.10.2023

Ivory Coast
On a visit to Brussels, Conseil Café Cacao revives battle with EU

Ivorian cocoa industry leaders have met European officials to demand recognition of their traceability system and an increase in the subsidy for sustainable cocoa. If it's not granted, they are threatening to continue blocking forward sales.

Subscribers only Commodity traders 15.09.2023

Ivory Coast
Abidjan stings Cargill with hefty tax fine

Faced with a tax adjustment of over CFA Francs 100bn, the US group, the largest exporter of Ivorian cocoa beans, is trying to negotiate with the Ivorian authorities through the US Chamber of Commerce in Ivory Coast.

Subscribers only Commodity traders 21.06.2023

Ivory Coast
Foreign cocoa exporter success fuels local discontent

The major foreign traders were the winners in Ivory Coast's main cocoa bean harvest that has just ended. This has heightened tension between the big players such as Cargill and local exporters, who blame foreign competitors for their supply difficulties.

Subscribers only Commodity traders 20.04.2023

A bag of cocoa beans stamped "Conseil du café-cacao" in Ivory Coast.

Ivory Coast
Worried Ivorian cocoa traders turn to Ouattara for help

Local cocoa exporters are experiencing significant supply issues and may not manage to honour the contracts that expire when the main 2022-2023 harvest ends this month. Citing lack of action from the cocoa regulatory board, they are asking the president to step in.

Subscribers only Commodity traders 23.02.2023

In Focus | Ivory Coast
Loïc Folloroux, son of Ivorian first lady and behind-the-scenes cocoa trader

Loïc Folloroux, the son of Ivory Coast first lady Dominique Ouattara and owner of Africa Sourcing, has been an effective advocate and a major beneficiary of regulations favouring local players in the country's vital cocoa trade.

Subscribers only Commodity traders 30.01.2023

The discreet businessman Loïc Folloroux, son of First Lady Dominique Ouattara, has established himself in recent decades as the leading local bean trader.

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Ivory Coast
Alassane Ouattara
Barry Callebaut
Cargill
Conseil Cafe-Cacao
Ecom
European Commission
European Union
Groupement des negociants ivoiriens
Olam
Patrick Achi
SUCDEN
Touton
Yves Brahima Kone

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Ivory Coast
Abidjan keeps up cocoa pressure on Brussels

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create a free account

Set up email notifications for these topics

Ghana
Cocoa sector on tenterhooks after John Dramani Mahama's election victory

Ivory Coast
Cocoa: CCC chairman Yves Brahima Koné extends season for traders

Ivory Coast
Conseil Café-Cacao to compensate exporters for unfulfilled contracts

Ivory Coast
Cargill and Barry Callebaut cocoa plants may grind to halt

Ivory Coast
Local cocoa exporters are short of beans

Ivory Coast
Abidjan bides time on tax incentives extension for local cocoa processing

Ivory Coast
Cocoa regulator's credibility on line over 2023-2024 season

Ivory Coast
Cocoa: Abidjan faces boycott from trading giants after sales open

Ivory Coast
Abidjan weighs cost of sustainable cocoa

Ivory Coast
On a visit to Brussels, Conseil Café Cacao revives battle with EU

Ivory Coast
Abidjan stings Cargill with hefty tax fine

Ivory Coast
Foreign cocoa exporter success fuels local discontent

Ivory Coast
Worried Ivorian cocoa traders turn to Ouattara for help

In Focus | Ivory Coast
Loïc Folloroux, son of Ivorian first lady and behind-the-scenes cocoa trader

Set up email notifications for these topics

About Africa Intelligence

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Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

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Ivory Coast Abidjan keeps up cocoa pressure on Brussels

This article may be accessed by subscribers

Do you want a free trial before subscribing?

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create a free account

Set up email notifications for these topics

Ghana Cocoa sector on tenterhooks after John Dramani Mahama's election victory

Ivory Coast Cocoa: CCC chairman Yves Brahima Koné extends season for traders

Ivory Coast Conseil Café-Cacao to compensate exporters for unfulfilled contracts

Ivory Coast Cargill and Barry Callebaut cocoa plants may grind to halt

Ivory Coast Local cocoa exporters are short of beans

Ivory Coast Abidjan bides time on tax incentives extension for local cocoa processing

Ivory Coast Cocoa regulator's credibility on line over 2023-2024 season

Ivory Coast Cocoa: Abidjan faces boycott from trading giants after sales open

Ivory Coast Abidjan weighs cost of sustainable cocoa

Ivory Coast On a visit to Brussels, Conseil Café Cacao revives battle with EU

Ivory Coast Abidjan stings Cargill with hefty tax fine

Ivory Coast Foreign cocoa exporter success fuels local discontent

Ivory Coast Worried Ivorian cocoa traders turn to Ouattara for help

In Focus | Ivory Coast Loïc Folloroux, son of Ivorian first lady and behind-the-scenes cocoa trader

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

Ivory Coast
Abidjan keeps up cocoa pressure on Brussels

Ghana
Cocoa sector on tenterhooks after John Dramani Mahama's election victory

Ivory Coast
Cocoa: CCC chairman Yves Brahima Koné extends season for traders

Ivory Coast
Conseil Café-Cacao to compensate exporters for unfulfilled contracts

Ivory Coast
Cargill and Barry Callebaut cocoa plants may grind to halt

Ivory Coast
Local cocoa exporters are short of beans

Ivory Coast
Abidjan bides time on tax incentives extension for local cocoa processing

Ivory Coast
Cocoa regulator's credibility on line over 2023-2024 season

Ivory Coast
Cocoa: Abidjan faces boycott from trading giants after sales open

Ivory Coast
Abidjan weighs cost of sustainable cocoa

Ivory Coast
On a visit to Brussels, Conseil Café Cacao revives battle with EU

Ivory Coast
Abidjan stings Cargill with hefty tax fine

Ivory Coast
Foreign cocoa exporter success fuels local discontent

Ivory Coast
Worried Ivorian cocoa traders turn to Ouattara for help

In Focus | Ivory Coast
Loïc Folloroux, son of Ivorian first lady and behind-the-scenes cocoa trader