Africa Lead Story

Cameroon, Nigeria Request To Join Ivory-Ghana Cocoa Initiative

Cameroon and Nigeria requested to join the Cote d’Ivoire-Ghana Cocoa Initiative (CIGCI), a joint body spearheading the interests of the two countries in the cocoa trade, the head of the initiative Alex Assanvo said on Wednesday.

The initiative was set up after a 2018 declaration by Ivory Coast and Ghana, the world’s first and second-largest cocoa producers, on willingness to define a common sustainable cocoa strategy that would raise prices paid to farmers.

It was created with the view of including other African countries.

Representatives from Cameroon and Nigeria were invited to a CIGCI meeting in Abidjan to begin the process of joining the initiative, Assanvo told reporters after the meeting.

“With Cameroon and Nigeria we are going to represent around two-thirds of global cocoa production,” Yves Brahima Kone, chief executive of the Ivory Coast Cocoa and Coffee Council, said at the meeting.

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“This will allow us to have more leeway in discussions with the industry on imposing a decent price for our cocoa farmers.”

Source: Reuters

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