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Africa's Public Procurement & Entrepreneurship Research Initiative – APPERI

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Côte d’Ivoire

Coalition aims to boost procurement of sustainable cocoa


Kakaofrucht mit Kakaobohnen
Image via Wikipedia

Purcon

October 21, 2011

Posted by John Dixon ADNFCR-1076-ID-800771100-ADNFCR

People in procurement jobs at confectionary firms and other food manufacturers will able to source sustainable cocoa more easily thanks to a new global initiative aimed at boosting production.

The World Cocoa Foundation, the US Agency for International Development and the Sustainable Trade Initiative are behind the African Cocoa Initiative (WCF/ACI).

It will invest in sustainable cocoa programs in West Africa, where the crop, 90 per cent of which comes from small farmers, is major source of income.

The five-year, $13.5 million (£8.6 million) programme will focus on the four producing countries of Cote d’Ivoire, Ghana, Cameroon and Nigeria.

It aims to foster public-private cooperative investments in cocoa and agriculture, improve the genetic quality and productivity of the cocoa varieties, expand farmer education and training schemes, and improve the agriculture input supply chain serving the famers.

The announcement comes just after Kraft confirmed that it is expanding its sustainable cocoa initiative into the Dominican Republic, following the success of the programme in Ghana.

COTE D’IVOIRE: Help For Small Businesses Key to Relaunching Economy


IPS Africa

By Fulgence Zamblé

ABIDJAN, Aug 1 (IPS) – The Ivorian government has begun compensating small and medium-sized businesses for damages suffered during the post-election crisis, in order to relaunch the economy.

The government allocated 13 million dollars to this task on Jul. 15, prompted by the fact that the private sector in Côte d’Ivoire is dominated by micro-enterprises and a vast informal sector, according to the Finance Ministry. A further 74 million dollars of support for the country’s banks was announced a few days later by Finance Minister Charles Diby Koffi, in order to allow financial institutions to support businesses with loans.

The ministry estimates the contribution of small and medium-sized enterprises to the country’s gross national product at around 18 percent; SMMEs together account for around 23 percent of formal employment.

Alassane Ouattara‘s victory in presidential elections in the West African country in November 2010 was challenged by the incumbent, Laurent Gbagbo; a lengthy standoff followed, brought to a close when the Ouattara-aligned Republic Forces of Côte d’Ivoire marched from their strongholds in the north of the country to seize the economic capital, Abidjan, in April 2011…Read more.

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