Cocobod hasn't changed the price it charges cocoa farmers for fertiliser even though the international market price has gone through the roof. Meanwhile the illegal resale of the heavily subsidised fertilisers that it distributes to its Ghanaian affiliates is flourishing.
The Ivory Coast-Ghana Cocoa Initiative (ICCIG), based in Accra since September 2021 and headed by the experienced Ivorian Alex Assanvo, is struggling to bring multinationals on board. It is also trying to persuade the two regulatory bodies to radically shift their priorities.
A business forum is being organised in Johannesburg to promote partnerships between South Africa and Ivory Coast during Ivory Coast President Alassane Ouattara's South African visit of 18 to 22 July to his counterpart Cyril Ramaphosa.
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.
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.