Ivory Coast cocoa regulator targets intermediary buyers in sector reform



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.

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

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