ofi (olam food ingredients), a global leader in naturally good food and beverage ingredients, says it has substantially advanced towards the climate goals stated in its Cocoa Compass sustainability report – but issued a call for the EU to work with other...
Swiss-Ghanaian start-up Koa has secured two major investments to scale up its impact in the cocoa sector by successfully completing its Series A round raising a total of $4.7 million in equity – and a $3.5 million investment from climate adaptation and...
The World Cocoa Farmers Organization (WCFO) is asking Ghana and Côte d’Ivoire to reconsider setting a minimum cocoa price, while the International Cocoa Organization (ICCO) is suprised the price was not higher.
Farmer organizations will be guaranteed a higher price for cocoa sales on Fairtrade terms, as part of foundation’s strategy towards enabling living incomes it said. Changes will come into effect October 2019.
The chocolate industry should support community-led buffer zones between tropical rainforest and cocoa farms to improve uneasy relations between farmers and their elephant neighbours, says a park manager in Ghana.
Nestlé Cocoa Plan has come out top in a report by Stop the Traffik and Baptist World Aid Australia assessing the progress made by chocolate companies and certification organizations in tackling child labor in Côte d’Ivoire and Ghana.
The chocolate industry should embrace certification to improve the livelihoods of farmers or risk losing a generation of cocoa growers, according to the head of a Fairtrade cocoa cooperative in the Ivory Coast.
It will take every tool in the box to combat the effect of climate change on cocoa production, warn industry experts following the publication of research into the impact of rising temperatures on farmers in West Africa.
Leading cocoa processor Archer Daniels Midland (ADM) has announced it is kick-starting its Ivory Coast sustainable cocoa initiative – Serap – in Indonesia in a bid to boost cocoa quality from growers in that region.
Ivory Coast’s cocoa trade has been normalised, but uncertainly remains about the mid-crop, and and all eyes are now on the weather for the main crop, to be harvested this autumn, notes commodities specialist Rabobank it its latest review.
Another milestone has been achieved in the UTZ certified sustainable cocoa programme, with the first-ever shipment of cocoa beans from Ghana that meets that standard’s economic, environmental and social criteria.
With a larger crop and only modest growth in use, prices are expected to fall in 2011, according to Rabobank in its latest Agri Commodity market report. However further escalation of conflict in the Ivory Coast could send cocoa prices higher.
A new cocoa buying station in Vietnam will support an ongoing programme of cocoa farming expertise transfer and shows the high expectations Cargill has for cocoa development in the country, said the industry chocolate supplier.
World Vision Australia said it has taken the decision to pause campaigning activities aimed at chocolate-based product manufacturer, Arnott’s, for a six month period in response to the company publicly committing to addressing potential labour exploitation...
An initiative to improve the agricultural, environmental and social aspects of sourcing cocoa from West Africa achieved has achieved a milestone, as the first beans have arrived in Europe for processing.
With sustainability a buzz word for today's confectionery makers, a symposium that kicked off in Ghana today will attempt to get to grips with current issues impacting sustainability in Africa's cocoa supply chain.
The International Cocoa Organisation (ICCO) monthly review of the
cocoa market suggests that a decline of the monthly average ICCO
daily price in April compared to the previous month could be
misleading as far as futures markets are...