ivory coast

Ivory Coast’s President Seeks Common Regional Currency By 2026
15 Oct

Ivory Coast’s President Seeks Common Regional Currency By 2026

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Ivory Coast President, Alassane Ouattara, wants members of the Economic Community of West African States to start a common currency a year earlier than planned. “I want this common currency to be available by 2026 at the latest,” Ouattara said following a meeting with Ghanaian President Nana Akufo-Addo in Ivory Coast’s commercial capital, Abidjan. “Ivory Coast has made significant efforts and from next year, it will be ready to meet the required convergence criteria,” Ouattara said. The 15-member Ecowas, which has been pursuing a common currency project for more than two decades, decided in 2021 to introduce a new road…
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Ghana Faces Increased Cocoa Smuggling Risk As Ivory Coast Raises Farmgate Prices
02 Oct

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

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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%
02 Apr

Ivory Coast To Raise Cocoa Farmgate Price By 50%

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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
13 Feb

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

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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
31 Jan

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

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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
11 Jan

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

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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
19 Jul

Cocoa Prices Hit Highest In 12 Years In New York

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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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Didier Drogba Calls For ‘Compulsory Medical Visits’ After Footballer’s Death In Ivory Coast
08 Mar

Didier Drogba Calls For ‘Compulsory Medical Visits’ After Footballer’s Death In Ivory Coast

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Chelsea legend Didier Drogba has called for better medical checks to protect footballers in his native Ivory Coast after the death of a player during a top-flight game. Racing Club d’Abidjan (RCA) defender Moustapha Sylla, 21, collapsed during the match against SOL FC on Sunday and was pronounced dead on the way to the hospital, according to his club. Video of the incident shows Sylla stumbling before losing his balance and falling to the ground motionless near the centre-circle, prompting opposition players to call for medical assistance. RCA president Logossina Cisse described Sylla as a “rising star that left too soon”…
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Kolo Touré: Championship Side Wigan Athletic Appoint Ivory Coast Great As Manager
29 Nov

Kolo Touré: Championship Side Wigan Athletic Appoint Ivory Coast Great As Manager

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English Championship outfit, Wigan Athletic, have announced the appointment of Ivory Coast great, Kolo Touré, as their new manager. The 2015 Africa Cup of Nations winner takes over the Manchester-based club on a three-and-a-half-year deal following a spell with Premier League club Leicester City as one of Brendan Rodgers’ assistant coaches. He replaces Leam Richardson, who was sacked after only seven games in charge. Wigan Athletic confirmed the 44-year-old’s appointment in a statement on their website on Tuesday in what is his first head coaching role. “Wigan Athletic Football Club is delighted to confirm the appointment of Kolo Touré as…
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19 Aug

WAFU B WCL: Ampem Darkoa Ladies Depart For Ivory Coast

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2021/22 Ghana Women’s Premier League champions, Ampem Darkoa Ladies, have left the shores of Ghana for Ivory Coast ahead of the WAFU Zone B Women’s Champions League. The Techiman-based club left the country on Thursday, August 18, as they hope to wrap up their preparations in Ivory Coast before the start of the competition. Ampem Darkoa named a 26-woman squad for the tournament which kicks off on Saturday, August 20 to September 3, 2022. The list included new signings such as Gladys Amfobea and Constance Agyeman. The Nana Mma are placed in Group B of the WAFU Zone B Champions…
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