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IVORY COAST

Power struggle between big business and Abidjan slows cocoa campaign

International traders and chocolate manufacturers are limiting purchases of cocoa beans in Ivory Coast. The local regulatory board is requiring them to acquire 20% from local exporters, and they are unable to find enough 'sustainable' material locally. [...] (331 words)
Published on 16/11/2022 at 05:00 GMT Reading time 2 minutes
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Further reading
Alex Pierre-Arnaud Assanvo, secretary-general of the Ivory Coast Ghana Cocoa Initiative. © Thierry Gouegnon/Reuters
Inner circles
GHANA IVORY COAST Commodity traders 29/07/2022

New cocoa initiative still far cry from Ouattara and Akufo-Addo's chocolate heaven 

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.

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