The International Cocoa Organisation (ICCO) announced that they would cancel the 2022 World Cocoa Conference due to ongoing uncertainties surrounding COVID restrictions. The event, which usually takes place every two years, hasn’t been able to return successfully since 2018, with last year’s planned event in Bali, Indonesia, being pushed back a year due to the […]
ICCO CANCELS 2022 WORLD COCOA CONFERENCE Read More »
In 2019, Ghana and Côte d’Ivoire, which account for around 60% of global cocoa production, set up the Living Income Differential system (LID). The LID system aimed to boost the income of the poorest cocoa growers in the West African regions by charging a premium to the multi-billion dollar chocolate industry purchasing their beans. It
NIGERIA READY TO JOIN ‘COCOA OPEC’ AND LID SYSTEM Read More »
A Ghanaian MP has accused the Ghana Cocoa regulator, COCOBOD, of being unable to fully account for a $1.3 billion syndicated loan signed in 2019. Kwabena Mintah Akandoh, Member of Parliament for Juaboso, has questioned the whereabouts of the funds, saying that COCOBOD failed to provide any substantiation of its spending. The money was secured
COCOBOD IN ARGUMENT OVER $1.3B LOAN DISBURSEMENT Read More »
Forests are still being lost at rates equal to the size of large cities, such as Seoul or Chicago, according to the environmental organisation, The Mighty Earth. A recently published report, investigated the progress made in Ghana and Côte d’Ivoire to reduce deforestation related to Cocoa production. Since 2017 when the Cocoa & Forests Initiative
CFI “FAILING TO DELIVER” ACCORDING TO NEW REPORT Read More »
UK – Guan Chong Berhad (GCB), a Malaysian-owned cocoa manufacturer, is expanding its presence in the UK with plans to build a new ‘world-class’ cocoa and chocolate production factory. The company has contracted Clegg Food Projects to carry out construction works at the former Philips Avent facility in Glemsford, Suffolk . Work has begun to part-demolish
MALAYSIAN COCOA GIANT EXPANDS UK FOOTPRINT Read More »
Clemens E. Blum resigns from the Board of Directors of the Bühler Group. Ad hoc announcement pursuant to Art. 53 Uzwil (Switzerland), February 11, 2022 – At today’s annual general shareholders’ meeting of Bühler Holding AG, Clemens E. Blum resigned as a Member of the Board of Directors and Member of the Audit Committee. Clemens
CLEMENS E. BLUM RESIGNS FROM BÜHLER’S BOARD Read More »
The Liberia cocoa corporation (LCC) has been on the defensive over allegations of corruption over a $1.4m contract, that was allegedly awarded without due process to Mr Momolu, CEO of the LCC. The details are not clear, but it appears that Mr Momolu was awarded a contract to import cocoa seeds of a particular variety.
LIBERIA COCOA CORP CEO ACCUSED OF CORRUPTION Read More »
Ladies and gentlemen, The Board and Management are indeed concerned about the poor operational performance of your company. It is our aim as Directors therefore to ensure a turnaround of the Company Chairman of CPC in his opening remarks on the company’s Annual Report Cocoa Processing Company (CPC) makes finished and semi-finished chocolate products in
GHANA’S CPC MAY BE INSOLVENT. IT NEEDS A BETTER PLAN. Read More »
The organisers of Chocoa announced they had decided to postpone the event, which was going to be virtual. Instead, the message came through that people and exhibitors wanted it to be an in-person event. Running a virtual show may be more cost-effective, and personally I thoroughly enjoyed the virtual event. But it has to be
CHOCOA 2022 POSTPONED. ORGANISERS WANT LIVE EVENT Read More »
The Cocoa of Excellence awards are an opportunity to gain insights into what contributes to the great chocolate we enjoy. I love the spotlight on the farmers from all over the world, the sounds of the farm in the background as each explains what it means to them to participate. I appreciate the amount of
COCOA OF EXCELLENCE AWARD WINNERS – FULL LIST Read More »
One of the most exciting and important events in the coco calendar is taking place on the 16th of December. The cocoa of excellence awards is jam-packed, starting at 9am and not finishing until after 7 p.m. Aside from the awards, one of the most interesting sections for me are the ‘meet the producers of
COCOA OF EXCELLENCE 2021 SETS OUT AGENDA WORTHY OF ITS NAME Read More »
The International Cocoa Organisation (ICCO) has made revisions to the 2020 to 21 cocoa balance sheet, with production numbers rising almost 1% above what was initially anticipated. The adjustments were made as most major cocoa-producing countries reported higher yields than predicted. Optimal weather conditions have seen the global production number increase by an estimated 34,000
ICCO REVISES PRODUCTION NUMBERS, UP 1% Read More »
