To ease your site search, article categories are at bottom of page.

September 07, 2008

Ivory Coast advised to overhaul cocoa sector

Ivory Coast's cocoa sector needs to be comprehensively modernised to deliver its full potential, the deputy chief of the World Bank for Africa, Obiageli Ezekwesili, said on September 5.

"It is not going to be sufficient to change the management in the cocoa sector," she told a press conference. "The cocoa sector requires a comprehensive restructuration so that the governance issues - that have not enabled that sector to deliver the optimum of its potential - will be tackled."

President Laurent Gbagbo ordered an investigation last year after allegations the cocoa and coffee marketing cooperative had embezzled more than 100 billion CFA francs (152 million euros, 224 million dollars) earmarked for the purchase of a chocolate factory in the United States.

Police have arrested several top officials involved in the cocoa industry, as part of the large corruption probe since June.

The Ivory Coast produces some 40 percent of the world market in cocoa and six million people are employed in the cocoa industry.

"We are also working on a cocoa strategy with the government," said Ezekwesili on a two-day visit to the country.

Staff from Ivory Coast's coffee and cocoa marketing body earlier launched an unlimited strike over back pay that is paralysing exports, an official for the body said.

"The unionists have ransacked" the hall dealing with export operations, leading to a "paralysis" in the coffee-cocoa trade, said senior official Kouassi Konan.

But Konan downplayed the effect of the walkout -- launched September 2 by strikers demanding two months of unpaid salary -- on the organisation's different branches.

He also said the strike had no connection with the ongoing corruption probe.


Article Categories

AGRA agribusiness agrochemicals agroforestry aid Algeria aloe vera Angola aquaculture banana barley beans beef bees Benin biodiesel biodiversity biof biofuel biosafety biotechnology Botswana Brazil Burkina Faso Burundi CAADP Cameroon capacity building cashew cassava cattle Central African Republic cereals certification CGIAR Chad China CIMMYT climate change cocoa coffee COMESA commercial farming Congo Republic conservation agriculture cotton cow pea dairy desertification development disease diversification DRCongo drought ECOWAS Egypt Equatorial Guinea Ethiopia EU EUREPGAP events/meetings expo exports fa fair trade FAO fertilizer finance fisheries floods flowers food security fruit Gabon Gambia gender issues Ghana GM crops grain green revolution groundnuts Guinea Bissau Guinea Conakry HIV/AIDS honey hoodia horticulture hydroponics ICIPE ICRAF ICRISAT IFAD IITA imports India infrastructure innovation inputs investment irrigation Ivory Coast jatropha kenaf keny Kenya khat land deals land management land reform Lesotho Liberia Libya livestock macadamia Madagascar maiz maize Malawi Mali mango marijuana markets Mauritania Mauritius mechanization millet Morocco Mozambique mushroom Namibia NEPAD Niger Nigeria organic agriculture palm oil pastoralism pea pest control pesticides pineapple plantain policy issues potato poultry processing productivity Project pyrethrum rai rain reforestation research rice rivers rubber Rwanda SADC Sao Tome and Principe seed seeds Senegal sesame Seychelles shea butter Sierra Leone sisal soil erosion soil fertility Somalia sorghum South Africa South Sudan Southern Africa spices standards subsidies Sudan sugar sugar cane sustainable farming Swaziland sweet potato Tanzania tariffs tea tef tobacco Togo tomato trade training Tunisia Uganda UNCTAD urban farming value addition value-addition vanilla vegetables water management weeds West Africa wheat World Bank WTO yam Zambia Zanzibar zero tillage Zimbabwe

  © 2007 Africa News Network design by

Back to TOP