Ivory Coast

Ghana Faces Increased Cocoa Smuggling Risk As Ivory Coast Raises Farmgate Prices

Ghana Faces Increased Cocoa Smuggling Risk As Ivory Coast Raises Farmgate Prices

Ghana is at a heightened risk of cocoa smuggling following the Ivory Coast’s recent decision to raise its farmgate price for cocoa, surpassing Ghana’s rate. This move by the world’s largest cocoa producer aims to discourage the illicit export of beans, yet it poses significant challenges for Ghana’s cocoa industry. Ivory Coast’s Minister of Agriculture, Kobenan Kouassi Adjoumani, announced in Abidjan that the farmgate price will increase by 20% from 1,500 CFA francs (approximately GH₵ 40) to 1,800 CFA francs (about GH₵ 48) per kilogram, effective October 1, 2024. This new rate translates to roughly GHS 3,072 per 64 kg bag of cocoa, slightly higher…
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Ivory Coast To Raise Cocoa Farmgate Price By 50%

Ivory Coast To Raise Cocoa Farmgate Price By 50%

Ivory Coast’s President Alassane Ouattara will increase the official cocoa farmgate price to 1,500 CFA francs ($2.47) per kg from Tuesday, April 2, from the current 1,000 CFA, sources at five different export companies said. The sources, who requested anonymity because of the sensitivity of the issue, said they were citing a decision at a government meeting on Saturday. Earlier in the day, Ouattara had validated a proposal for a price of between 1,100 and 1,200 CFA francs per kg before reversing his decision and asking that the price be even higher, the sources said The government and the cocoa…
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2023 AFCON: This Is How Much Ivory Coast Players Has Been Rewarded For Winning Tourney

2023 AFCON: This Is How Much Ivory Coast Players Has Been Rewarded For Winning Tourney

President of Ivory Coast, Alassane Outtara, has honoured the triumphant players and technical staff of the national football team, the Elephants, for their victory in the 2023 Africa Cup of Nations (AFCON) tournament. Despite facing challenges during the group stage, Ivory Coast astounded the continent by winning the 34th edition of AFCON. Their journey culminated in a thrilling final showdown against Nigeria, who had their sights set on securing their fourth title. In a gripping match, the Elephants initially fell behind in the first half with a goal from William Troost-Ekong of Nigeria. However, they mounted a stunning comeback in the second…
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2023 AFCON: Ivory Coast ‘Not Getting Excited’ After Knocking Out Senegal

2023 AFCON: Ivory Coast ‘Not Getting Excited’ After Knocking Out Senegal

Ivory Coast caretaker boss Emerse Fae says his side will not dwell on their win over Senegal and can lift the 2023 Africa Cup of Nations trophy. The Elephants were underdogs against the defending champions after two defeats in the group phase. But the hosts, who only advanced to the last 16 because of other results, stunned the Teranga Lions on penalties. “We’re definitely not going to get excited,” said Fae. “We are going to savour the win and get back to work.” The 40-year-old added: “We have come so far. We are going to continue to work on our…
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AFCON 2023: Ghana Holds First Training Session In Ivory Coast Ahead Of Tournament

AFCON 2023: Ghana Holds First Training Session In Ivory Coast Ahead Of Tournament

The Black Stars of Ghana held their first training session in Abidjan, Ivory Coast on Wednesday, January 10, 2024, after arriving for the 2023 Africa Cup of Nations All the players, including Mohammed Kudus, were involved in Coach Chris Hughton’s training session in Abidjan. Before their inaugural training session, the team garnered attention on social media for their striking attire before their departure to Ivory Coast and subsequent arrival in the West African country. Departing in all-white kaftans, they added a touch of kente upon their early arrival days before the tournament commences. Ghana is in Group B with Egypt,…
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Cocoa Prices Hit Highest In 12 Years In New York

Cocoa Prices Hit Highest In 12 Years In New York

Chocolate-making raw material cocoa’s prices rose to the highest in more than 12 years in New York on Tuesday, only a few weeks after its prices jumped to the highest in 46 years in London, as traders and chocolate producers face restricted supplies. Prices for the benchmark cocoa contract at the Intercontinental Exchange in New York rose to $3,429 per metric ton earlier in the trading session, the highest since mid-March 2011, closing later at $3,407, or up 1.4%. Cocoa is currently among the hottest agricultural commodities, mostly due to an unusual fall in production in the western part of…
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Terrorists Are Recruiting And Targeting Ghana- Irbard Ibrahim Warns (Video)

Terrorists Are Recruiting And Targeting Ghana- Irbard Ibrahim Warns (Video)

Terrorists are not only recruiting in Ghana but have targeted the country as well, Irbard Ibrahim has revealed shortly after President Akufo-Addo named George Akuffo-Dampare as the new Inspector General of Police (IGP). Irbard in an interview on Wontumi TV stated that terrorists are planning an attack on Ghana bearing in mind their attacks have been incessant in Burkina Faso- a border town to Ghana. “It is happening in Burkina Faso and their activities are near us”, he said. If United States of America (USA) with their sophisticated strategies have been hit and targeted by terrorists, then Ghana, according to Irbard Ibrahim is not…
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