The Ethiopian Coffee and Tea Authority has come under fire after limiting the amount of coffee that private individuals can take out of the country. It has been juggling the difficult task of regulating the sector with its ambitious targets for bringing dollars into the country.
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.
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.
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.