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Ivory Coast Seizes 100 Tons of Cocoa at the Border With Guinea
  + stars: | 2024-02-16 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: +2 min
That compares with 1,000 CFA francs a kilogram in Ivory Coast, where the price is fixed and guaranteed throughout the year. Global cocoa prices have hit record highs in recent months amid worries about a bean deficit this season and with concerns growing for the next. Ivory Coast and neighbouring Ghana, the world's second biggest producer, have said smuggling hampers their effort to meet their yearly production target. "This year, despite the high price in both countries compared to Ivory Coast, there is less leakage... People are really finding it hard to get cocoa out of Ivory Coast," said Abel Gbale, a cocoa buyer in Danane, the country's last major town before the borders with Liberia and Guinea. Amadou Konate, a cocoa buyer based in Man, the main city in western Ivory Coast, said cocoa producers earn nothing from smuggling and the middlemen pocket all the money.
Persons: Ivory Coast's, Yves Brahima Kone, Kone, Abel Gbale, Amadou Konate, Ange Aboa, Anait Miridzhanian, Bate Felix, Frances Kerry Organizations: Ivory, Cocoa Council, CFA, Reuters Locations: ABIDJAN, Guinea, West African, Liberia, Ivory Coast's, Ivory Coast, Sipilou, Ghana, Danane
KINSHASA (Reuters) - The head of the U.N. peacekeeping mission in Democratic Republic of Congo said its staff and vehicles were attacked in the capital Kinshasa on Saturday as a worsening eastern security crisis fuels a backlash against the mission. Crowds on motorbikes gathered in the riverside Gombe district, where the U.N. mission known as MONUSCO and many embassies are located. A number of the mission's vehicles were torched, said MONUSCO head Bintou Keita in an online post. Photos You Should See View All 21 ImagesKinshasa police and the government did not respond to a request for comment. The fighting "could compromise food security and economic activities in Goma and the region.
Persons: Bintou Keita, OCHA, MONUSCO, Ange Kasongo, Justin Makangara, Ange Aboa, Alessandra Prentice, Barbara Lewis Organizations: Democratic, Kinshasa Locations: KINSHASA, Democratic Republic of Congo, Kinshasa, Gombe, Ivorian, Goma, North Kivu, Congo, Congolese, Abidjan
Cocoa beans are pictured next to a warehouse at the village of Atroni, near Sunyani, Ghana April 11, 2019. A weakened cedi currency and a lower farmgate cocoa price in Ghana in the 2022/2023 season, compared with neighbouring Ivory Coast, the world's top cocoa grower, saw beans smuggled to there and to Togo. Fiifi Boafo, head of public affairs at regulator COCOBOD regulator told Reuters on Saturday that Ghana is targeting an output of 820,000 metric tons for the 2023/2024 season after the increased farmgate price. Boafo added that Ghana is planning to borrow $1.2 billion for its annual cocoa purchases. Cameroon, another top West African cocoa producer, and the world's fourth biggest, on Thursday raised its farmgate cocoa price by 25% to around 1,500 ($2.45) CFA franc per kg for the 2023/2024 season.
Persons: Ange Aboa, Nana Akufo, Addo, Ghana cedi, , Leticia Adu Yankey, Fiifi Boafo, Maxwell Adombila, Bate Felix, Clelia Oziel, Alexander Smith Organizations: REUTERS, Ghana cedi, Ghana Civil Society Cocoa, Reuters, CFA, Central African CFA, Thomson Locations: Atroni, Sunyani, Ghana, Akufo, West Africa, London, Ivory Coast, Togo, Cameroon
West African leaders gather for Economic Community of West African States (ECOWAS) Head of States and Government meeting in Abuja, Nigeria August 10, 2023. ECOWAS (the Economic Community of West African States) said all options were on the table and they still hoped for a peaceful resolution to the Niger crisis. Security analysts said an ECOWAS force could take weeks or longer to assemble, potentially leaving room for negotiations. Ivory Coast President Alassane Ouattara on Thursday promised to supply a battalion of troops to the standby force. The African Union welcomed ECOWAS' decision to activate a regional force and continue to seek a diplomatic solution.
Persons: Abraham Achirga, Mohamed Bazoum, Alassane Ouattara, Sering Modou, Ledgerhood Rennie, Ikemesit Effiong, Hama Moussa, Issa Seydou, Antony Blinken, Bazoum, They’ve, Pap, Ange Aboa, Alberto Dabo, Alphonso Toweh, Diadie, Edward McAllister, Anait Miridzhanian, Nellie Peyton, David Lewis, Ingrid Melander, Angus MacSwan Organizations: Economic Community, West African States, REUTERS, ECOWAS, Economic, West, Ivory, SBM Intelligence, African Union, Military, EU, Rights Watch, Thomson Locations: Abuja, Nigeria, NIAMEY, Niger, West, Central Africa, West African States, Ivory Coast, Ivorian, Senegal, Sahel, U.S, Niamey, Russia, France, United States, Mali, Burkina Faso, Banjul, Abidjan, Bissau, Monrivia, Diadie Ba, Dakar
It has taken its hardest line yet with Niger, saying it had to show that it "cannot only bark but can bite". One of the demonstrators in Niamey held a placard that said: "Long live Niger, Russia, Mali and Burkina. France has between 1,000 and 1,500 troops in Niger, helping to fight an Islamist insurgency that has spread across the region. INTERVENTION PLANWest African defence chiefs meeting in Nigeria were due to conclude their discussions about possible intervention in Niger, although they have said this would be a last resort. The goal of the two-day meeting was to draw up a plan for an eventual military intervention to restore constitutional order, according to a statement from Ivory Coast's National Security Council.
Persons: General Abdourahamane Tiani, Mohamed Bazoum, Tiani, Ivory, Salifou Mody, Joe Biden, Nigeriens, Camillus Eboh, Thiam Ndiaga, Tiemoko Diallo, Ange Aboa, Alessandra Prentice, Nellie Peyton, Alexander Winning, Emelia, Nick Macfie, Giles Elgood Organizations: REUTERS, West, Economic, West African States, EU, Reuters, Ivory Coast's National Security Council, ECOWAS, juntas, Nigerien, Islamic, Thomson Locations: Niamey, Niger, Mali, Burkina Faso, NIAMEY, ABUJA, West, Central Africa, Russia, Burkina, Down, France, Nigeria, Nigerian, West Africa, Guinea, Bissau, al Qaeda, Islamic State, Paris
An aerial view of traffic on a street in the capital Niamey, Niger July 28, 2023. In a sign of this resistance to one-time allies, Niger on Thursday suspended broadcasts of French state-funded international news outlets France 24 and RFI - drawing condemnation from the French foreign ministry. One of the demonstrators in Niamey held a placard that said: "Long live Niger, Russia, Mali and Burkina. After their coups, Burkina Faso and Mali kicked out French troops, many of whom are now stationed in Niger. In Niger, there are signs that regional sanctions are starting to have an impact: Nigeria has cut power supplies to Niger, while Nigerien truckers have been stranded by border closures.
Persons: General Abdourahamane Tiani, Mohamed Bazoum, Tiani, crackdowns, Sall, Antony Blinken, it's, Allah, Sudip Kar, Gupta, Moussa Aksar, Camillus Eboh, Thiam, Tiemoko Diallo, Ange Aboa, Alessandra Prentice, Nellie Peyton, Alexander Winning, Emelia, Nick Macfie, Giles Elgood Organizations: REUTERS, Niger's, France, Economic, West African States, ECOWAS, Sunday, EU, National Assembly, Islamic, Niger, Reuters, West, Senegalese, U.S, United Nations, Nigerien, CFA, Thomson Locations: Niamey, Niger, Mali, Burkina Faso, NIAMEY, ABUJA, France, West, Central Africa, Russia, Burkina, Down, al Qaeda, Islamic State, Niger ., Nigeria, Senegal, Nigerian, China, Paris
SummaryCompanies Torrential rains hit Ivory Coast cocoa farmsIvory Coast CCC cocoa regulator says output could declineBlack pod fungal disease spreading in farmsABOISSO, Ivory Coast, July 13 (Reuters) - Ivory Coast has stopped selling contracts for cocoa exports for the 2023-2024 season after heavy rains battered and flooded farms in the world's top cocoa-producing nation in recent weeks, the head of the country's cocoa sector regulator told Reuters. Ivory Coast is in the middle of its April to November rainy season. But Ivory Coast and other major cocoa producers Ghana, Nigeria and Cameroon that account for around 70% of global production, have witnessed heavy tropical downpours in recent weeks. On May 15, tropical rains fell continuously for eight hours with unprecedented intensity in the Aboisso region in southeastern Ivory Coast, farmers and residents told Reuters. Farmers, cocoa pod counters, and cocoa exporters based in Ivory Coast, also told Reuters that they expected a significant decline in output during the first part of the main harvest.
Persons: Yves Brahima Kone, Barry Callebaut, Kone, Jean Paul Kadjo, Soubre, Kouman Kouadio, Kouadio, CCC's Kone, Ange Aboa, Bate Felix, Elaine Hardcastle Organizations: Ivory Coast, Reuters, United Nations, Cocoa Council, Cargill, Hershey, Nestle, Plantations, Thomson Locations: Ivory, ABOISSO, Ivory Coast, United, Ghana, Nigeria, Cameroon, Aboisso, Farmers, Akressi, San Pedro, Tai
Global demand for cashew nuts, eaten as snacks or used for cooking and desserts, has tumbled since the end of the coronavirus pandemic, driven by multiple factors, including consumer inflation and increased production. "No one wants to buy cashew, even if I ask for 150 CFA francs per kilogram ($0.24) instead of the farmgate price of 315 CFA francs. Dembele lost 20 million CFA francs ($33,000) during the 2022 season after buying nuts he could not resell to wholesale processors. Output rose from 400,000 tonnes in 2011 to 1 million tonnes in 2022, and is expected at the same level in 2023. In Bouake, the heart of the country's cashew processing industry, work has come to a near standstill as employers struggle to pay salaries.
Persons: Ange Aboa, Dembele, Ibrahim Coulibaly, Ivory Coast, Ganesh, Rajaraman, It's, Alessandra Prentice, Bate Felix, Ed Osmond Organizations: REUTERS, Ivory, Farmers, Global, CFA, Factories, Thomson Locations: Katiola, Ivory Coast, Korhogo, Bouake, Dakar
ABIDJAN, April 15 (Reuters) - A hijacked Singapore-registered oil tanker has been recovered and escorted to Abidjan port in Ivory Coast on Saturday, five days after it was captured by pirates in the Gulf of Guinea, the Ivorian military said. On Tuesday, Singapore's port authority said the tanker had been boarded by "unidentified persons" about 300 nautical miles (555 km) off Ivory Coast with 20 crew of various nationalities aboard. A search operation by Ivory Coast's navy backed by a French navy aircraft located the vessel on Saturday, Ivorian Armed Forces Chief of Staff Lassina Doumbia said in a statement. "As for the crew, they are safe and sound," he said. Reporting by Ange Aboa; writing by Alessandra Prentice; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Nestle (NESN.S) and Hershey (HSY.N) said they paid the LID premium. But when the COVID pandemic cratered demand, global cocoa prices plunged before they built up a cushion. Ivory Coast and Ghana say companies should pay both premiums. Industry data from the International Cocoa Organisation (ICCO) shows cocoa output in Ivory Coast rose to record levels in the 2020/21 season. Of the roughly 2 million tonnes of cocoa Ivory Coast produces each year, between 20-30% is grown illegally in protected forests by an estimated 1.3 million people, many of them children.
ABIDJAN/OUAGADOUGOU, Feb 20 (Reuters) - France's defence minister pledged on Monday to boost military support to Ivory Coast, as Paris adjusts its strategy in West Africa after neighbouring Burkina Faso ordered French troops to leave and vowed to curb a worsening Islamist insurgency solo. The two jihadist groups have taken over swathes of land and displaced millions of people in Burkina, Mali and Niger. Burkina Faso has denied an allegation that Russian mercenaries are in the country, but its prime minister in December said it would welcome Russia's help in its fight against the insurgents. OTHER PARTNERSThe countries' rejection of French military help could allow other states in the region to put themselves forward as more reliable partners to Western powers. "Ivory Coast and Benin have the will to fight against terrorism," the official said, speaking on condition of anonymity.
BAMAKO, Dec 30 (Reuters) - A court in Mali sentenced 46 soldiers from Ivory Coast to 20 years imprisonment on Friday for conspiring against the government, and three others to death in absentia. Forty-nine Ivorian soldiers were arrested at the airport in Mali's capital Bamako in July, three of whom were later released. Mali's ruling junta said the soldiers were acting as mercenaries, while Ivory Coast said they were part of a United Nations peacekeeping mission. Ivory Coast said its troops were being held hostage, and has made repeated pleas for their release. The country announced last month it would withdraw its remaining soldiers from the U.N. peacekeeping mission.
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