By Reuters Staff
1 Min Read
YAMOUSSOUKRO, Dec 3 (Reuters) - Ivory Coast’s cocoa farmers union has threatened to withdraw from chocolate industry sustainability programs over a dispute about the payment of a premium aimed at combating farmer poverty, according to a draft statement seen by Reuters. (Reporting By Ange Aboa Writing by Edward McAllister Editing by Aaron Ross)
By Reuters Staff
2 Min Read
ABIDJAN, Sept 22 (Reuters) - Ivory Coast will increase its cocoa-processing capacity by 14% as well as boost storage space by building two new factories over the next two years, the country’s Coffee and Cocoa Council (CCC) said on Tuesday.
The two plants, one in Abidjan and another in San Pedro, will together add 100,000 tonnes to the 710,000 tonnes of processing capacity already in place in the world’s top cocoa-producing country, CCC managing director Yves Brahima said.
The two factories will add 300,000 tonnes of storage, he said, and will be built using 216 billion CFA Francs ($389 million) of Chinese investment.