Interview: Françoise Mariame Koné Bédié
How will the cocoa price agreement between Côte d’Ivoire and Ghana affect the industry?
FRANÇOISE MARIAME KONÉ BÉDIÉ: All stakeholders involved in cocoa production and the cocoa industry are aware that this agreement was established primarily to improve the income of farmers. Cocoa consumption is becoming increasingly important, and Côte d’Ivoire and Ghana together provide more than 60% of the world‘s production. It is difficult to maintain this level of output if farmers are discouraged by low incomes. Therefore, what is at stake, not only in Côte d’Ivoire but across the world, is the sustainability of cocoa production.
The agreement made it possible to improve the income of the producers significantly, and to guarantee the sustainability of production in a place where cocoa is of high quality, which is well appreciated by the industry. It is important for production in these two countries to be at full capacity, and this agreement reassures stakeholders that if the producers are paid correctly, they will continue to produce cocoa efficiently and professionally. The agreement, which will be put in place in October 2020, has already been a success, given the promising sales recorded by the Coffee and Cocoa Council of Côte d’Ivoire and the Ghana Cocoa Board.
In what ways can the government and the private sector promote local cocoa processing?
BÉDIÉ: The Ivorian government is focused on the growth of the cocoa processing segment, and proposed an agreement to offer tax benefits through the establishment of a differentiated Customs law. This means that higher levels of production are rewarded with lower Customs duties. This initiative encourages cocoa companies to increase local processing of cocoa beans. However, this can be further strengthened by also encouraging local cocoa shredders who make semi-processed products. Moreover, the government could offer further support to manufacturers that are selling finished products such as chocolate to increase their activity by becoming involved in the local consumer market. Other potential measures to promote the processing industry include an increase in cocoa consumption and the development of a sub-regional market. Innovative ways of using cocoa should receive full state funding or donor subsidies in order to encourage the development of new ideas on an industrial scale. Once the local and regional markets are more advanced, we will need to develop new ideas to enhance the potential of the cocoa market.
What can be done to ensure the sustainable growth of Côte d’Ivoire’s agriculture sector?
BÉDIÉ: Côte d’Ivoire has been affected by the destruction of its forests due to, among other industries, cocoa cultivation. In order to maintain growth it is necessary to leverage the productivity rate because most cocoa plantations are located on small plots of land with low yields. One proposed measure to promote the growth of the agriculture sector and the protection of the environment is to replant several types of trees in the same place through agro-forestry plantations.
The increase in productivity and yields is the main reason that the production of cocoa is currently around 500 kg per ha, but this could easily be doubled or tripled, which would transform the sector. This can be achieved when the government completes the census of farmers and is able to give precise directives to coffee and cocoa producers in terms of their performance and ways to increase output. If planters are able to produce more and yields improve, it will reduce the overall amount of land required, especially in protected areas. We could then reforest this land because producers will be able to maintain the same level of productivity and income, or even see an increase, through improved performance.
Read More from OBG
In Cote d'Ivoire
Focus Report: How Special Economic Zones are shaping Africa's industrial landscape
En Français As Africa embraces the transformative power of the African Continental Free Trade Area (AfCFTA), Special Economic Zones (SEZs) emerge as pivotal catalysts for regional economic growth.The impact of AfCFTA on SEZs on the continent is a key part of Africa’s growth, through improved market access, reduced trade barriers, and participation in regional value chains, which all enhance overall competitiveness. ESG considerations take centre stage, highlighting the imperative for …
Local produce: Saeed Al Bahri Salem Al Ameri, Director-General, Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), on opportunities for the private sector to bolster food security
Interview: Saeed Al Bahri Salem Al Ameri In what ways are public-private partnerships able to influence innovation and technology adoption within the agriculture sector? SAEED AL BAHRI SALEM AL AMERI: Innovation serves as the linchpin for industrial success, and the combination of public governance and private sector dynamism provides the optimal setting for advancements in this area. Such collaboration fosters a favourable environment for research and development (R&D), expedites the…
Kuwait's banks target sustainable growth
In this Growth Perspectives video, OBG shows how Kuwaiti banks are embracing environmental, social and governance principles to contribute to the sustainable growth of the banking sector. A range of programmes and initiatives, from eco-friendly loans to client advisory services and sustainable finance frameworks, are helping corporate clients, individuals, fellow banks and Kuwait as a whole work toward a greener future. …
“High-Level Discussions are Under Way to Identify How We Can Restructure Funding For Health Care Services”
Popular Sectors in Cote d'Ivoire
- Cote d'Ivoire Agriculture
- Cote d'Ivoire Economy
- Cote d'Ivoire Energy
- Cote d'Ivoire Financial Services
- Cote d'Ivoire Transport
Popular Countries in Agriculture
- Cote d'Ivoire Agriculture
- Indonesia Agriculture
- Malaysia Agriculture
- Myanmar Agriculture
- The Philippines Agriculture
Recent Reports in Cote d'Ivoire