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Ivory Coast (Côte d'Ivoire) leads the world in production and export of the cocoa beans used in the manufacture of chocolate, [1] as of 2012, supplying 38% of cocoa produced in the world. West Africa collectively supplies two thirds of the world's cocoa crop, with Ivory Coast leading production at 1.8 million tonnes as of 2017, and nearby ...
The Côte d'Ivoire – Ghana Cocoa Initiative ( CIGCI) is a cocoa cartel set up by the presidents of the two countries to raise cocoa prices. [1] It has been widely referred to as COPEC, in reference to the oil cartel OPEC. [2] [3] [4] The two countries jointly control 60% of global cocoa production. The cartel in 2019 demanded a $400 premium ...
Child labour in cocoa production. Boy collecting cocoa after the beans have been dried. Child labour is a recurring issue in cocoa production. Cote d’Ivoire (also known in English as Ivory Coast) and Ghana, together produce nearly 60% of the world's cocoa each year.
The world's top cocoa producer Ivory Coast had sold 950,000 tonnes of cocoa in contracts by the end of May for the 2021/2022 season at a country discount instead of its usual country premium ...
Ivory Coast's Coffee and Cocoa Council (CCC) has helped the national police to seize three trucks loaded with 1,500 bags of cocoa beans on the border with Guinea, the regulator's managing director ...
Ivory Coast and Ghana's cocoa regulators will boycott industry meetings in Brussels next week due to a dispute over pricing that they say has seen multinational chocolate companies resist measures ...
In 2001, the Chocolate Manufacturers Association and its members signed a document that prohibited child trafficking and labor in the cocoa industry after 2008. Despite this effort, numerous children are still forced to work on cocoa plantations in Africa. In 2009, Mars and Cadbury joined the Rainforest Alliance to fight against child labor.
A 2019 study by the University of Chicago, commissioned by the U.S. government, found 790,000 children, some as young as 5, were working on Ivory Coast cocoa plantations. The situation was similar ...