Reuters exclusively reported that Ivory Coast’s cocoa regulator plans to implement a reform of the domestic cocoa marketing system that will, within a year, eliminate middlemen to prevent risk and overpayment.
Commodities
Ivory Coast cocoa regulator targets intermediary buyers in sector reform
14 June 2024, 8:21 pm 1 minute
Market Impact
The reform will rely on Ivory Coast’s new cocoa traceability and certification system, which will digitise payment for all cocoa bean sales or purchase transactions from the farmer to the exporter.
Article Tags
Topics of Interest: Commodities
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Africa
Countries: Ghana
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
