Ivorian cocoa production to slump by 12% in 2018

A global business analysis group says cocoa production in Cote d’Ivoire will fall by 12% in 2018 due to falling global commodity market prices. Reduced production of the country’s major export commodity is expected to deprive its treasury of foreign currency, weaken the cocoa farming-dependent rural economy and stagnate overall…

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EU gives €5m grant to revive Liberian cocoa farming sector

The European Union (EU) and the Liberian government have signed an agreement for the provision of a €5 million grant that will be used to develop the entire cocoa sector value chain. In a statement, the EU said the agreement was signed in Monrovia on 7 December between Elma Sundland,…

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