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Africanews

Ivory Coast considers cocoa price cut after Ghana

Africanews · 26 days ago
Africanews
Africanews
26 days ago

Ivory Coast could emulate Ghana by cutting the price paid to farmers for their cocoa beans, Reuters reported Thursday citing government sources

Breakdown
  • Ivory Coast may cut cocoa prices paid to farmers, following Ghana's example
  • Ghana recently reduced its farmgate cocoa price by nearly 30% 10s
  • Price cuts aim to stabilize the sector after a drop in global cocoa prices 22s
  • An Ivorian inter-ministerial committee met to discuss the issue 29s
  • Falling prices have delayed payments to Ivorian cocoa farmers 39s
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