CocoaMaking the news

Cameroon, Nigeria request to join Ivory-Ghana cocoa initiative

1 Mins read

Cameroon, Nigeria request to join Ivory-Ghana cocoa initiative

Workers drying cocoa beans in the village of Goin DebeWorkers dry cocoa beans in the village of Goin Debe, Blolequin department, western Ivory Coast in this August 17, 2015 file photo.

Cameroon and Nigeria requested to join the Cote d’Ivoire-Ghana Cocoa Initiative (CIGCI), a joint body spearheading the interests of the two countries in the cocoa trade, the head of the initiative Alex Assanvo said on Wednesday.

The initiative was set up after a 2018 declaration by Ivory Coast and Ghana, the world’s first and second-largest cocoa producers, on willingness to define a common sustainable cocoa strategy that would raise prices paid to farmers.

It was created with the view of including other African countries.Representatives from Cameroon and Nigeria were invited to a CIGCI meeting in Abidjan to begin the process of joining the initiative, Assanvo told reporters after the meeting.

“With Cameroon and Nigeria we are going to represent around two-thirds of global cocoa production,” Yves Brahima Kone, chief executive of the Ivory Coast Cocoa and Coffee Council, said at the meeting.

“This will allow us to have more leeway in discussions with the industry on imposing a decent price for our cocoa farmers.”

 

 

Source: Agrictoday.com.gh

Related posts
AfricaBusinessMaking the news

Euromonitor Forecasts Sub-Saharan Africa GDP to Reach $4.5 Trillion

3 Mins read
Euromonitor Forecasts Sub-Saharan Africa GDP to Reach $4.5 Trillion Euromonitor International has forecast the GDP of Sub-Saharan Africa to double by the…
Making the news

AGOA: Navigating the Road to Reauthorization

1 Mins read
AGOA: Navigating the Road to Reauthorization The African Growth and Opportunity Act (AGOA) is the cornerstone of US economic engagement with Africa. Enacted by…
LiberiaMaking the news

Liberia's Presidential Election Heads to Runoff as George Weah Fails to Secure Outright Lead

1 Mins read
Liberia’s Presidential Election Heads to Runoff as George Weah Fails to Secure Outright Lead Liberia’s presidential election is set to go into…

Leave a Reply

Your email address will not be published. Required fields are marked *