Edition:
United Kingdom

Ange Aboa

CORRECTED-UPDATE 1-Ivory Coast, Ghana add 'living income' cocoa premium to fight poverty

11 Jul 2019

ABIDJAN/LONDON, July 10 Top global cocoa producers Ivory Coast and Ghana have imposed a fixed "living income differential" of $400 a tonne on all cocoa contracts sold by either country for the 2020/21 season, an official letter seen by Reuters shows.

Industry doubts remain over Ivory Coast, Ghana cocoa floor price

03 Jul 2019

ABIDJAN/JOHANNESBURG Ivory Coast and Ghana - the world's leading cocoa producers - failed on Wednesday to come to an agreement with the chocolate industry over how to introduce a new floor price for their exports.

UPDATE 1-Industry doubts remain over I.Coast, Ghana cocoa floor price

03 Jul 2019

* Cocoa and chocolate companies do not agree with details (Updates with outcome of meetings)

Chocolate maker Mars backs Ivory Coast, Ghana cocoa floor price

03 Jul 2019

ABIDJAN/JOHANNESBURG U.S. food maker Mars Inc. supports a decision by Ivory Coast and Ghana to set a floor price for their cocoa exports, a senior executive told Reuters on Wednesday, becoming one of the first major chocolate companies to back the initiative.

Ivory Coast to eliminate illegal cocoa output to control supply

01 Jul 2019

* Measure aimed at supporting new Ivory Coast/Ghana floor price

Ivory Coast and Ghana team up for greater share of chocolate wealth

28 Jun 2019

EDOUKOUKRO, Ivory Coast/JOHANNESBURG Kouakou Kinimo is a pretty typical Ivory Coast cocoa farmer. He works a small holding. At 52, he's roughly the mean age for a West African grower. And, like many farmers, he doesn't want any of his six children to follow in his footsteps.

Disease lowers Ghanaian cocoa output, processors must import -sources

13 Jun 2019

June 13 Bad weather and crop disease have hampered the cocoa crop in second-largest producer Ghana, forcing processors there to import beans at rates higher than usual, sources familiar with the matter told Reuters.

UPDATE 2-ICCO director keeps 2018/19 global cocoa output forecast at 4.8 mln T

15 May 2019

ABIDJAN, May 15 A drop in Ghana's cocoa production has not dented the International Cocoa Organization's (ICCO) forecast for global output of 4.8 million tonnes for 2018/19, Executive Director Michel Arrion told Reuters on Wednesday.

Ivory Coast acts to avert defaults on cocoa export contracts this season

30 Apr 2019

ABIDJAN, April 30 Top cocoa producer Ivory Coast has averted defaults on export contracts this season by letting multinational commodities companies buy at-risk contracts from local exporters, exporters and sources at the cocoa regulator said on Tuesday.

Ivanka Trump promotes businesswomen after Ivory Coast cocoa farm visit

17 Apr 2019

ABIDJAN Ivanka Trump vowed support for initiatives to promote women in business on Wednesday, after visiting an Ivorian cocoa farm on the second leg of her African tour.

World News