CÔTE D’IVOIRE – The Ivorian government has announced a precautionary suspension of the export of local rice and sugar, for the period from September 18 to December 31, 2023, to protect the purchasing power of the population. The decision follows strong tensions in recent days due to the skyrocketing prices of rice and sugar in the Ivorian market. According to…
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Dekel Agri-Vision records 6th consecutive month of stronger crude palm oil production
CÔTE D’IVOIRE – Dekel Agri-Vision PLC, a United Kingdom-based agro-industrial company with subsidiaries in Côte d’Ivoire, has announced that crude palm oil and palm kernel production soared in August linked to the good performance of its Ayenouan project. From the update, the company said its financial outcomes for August were significantly robust when compared to the results from August last…
Read MoreCôte d’Ivoire records a 57% jump in cashew nut sales in seven months
CÔTE D’IVOIRE – Sales of cashew kernels on the international market reached 25,806 tonnes between January and July this year, a volume up 57% compared to last year in the same period according to data from Commodafrica. The independent commercial advice service N’Kalô citing Commodafrica reported that the commodity’s main destination was, Europe comes first, absorbing 30% of shipments, followed…
Read MoreIvorian cassava-based semolina, Attiéké, labeled under the PGI system
CÔTE D’IVOIRE – Ivorian ‘Attiéké des Lagunes’, a local cassava-based product has successfully been labeled by the African Intellectual Property Organization (OAPI) under Protected Geographical Indication (PGI), Ecofin Agency reports. The PGI registration certificates accompanied by the OAPI logo on the PGIs, were handed over, on July 26, 2023, to Souleymane Diarrassouba, the Minister in charge of Trade, Industry and the Promotion…
Read MoreChinese firm launches construction of a palm oil production unit in Côte d’Ivoire
CÔTE D’IVOIRE – Chinese group Hunan No.6 Engineering Co, a specialty in the design and construction of industrial projects has launched the construction of a palm oil production unit in the Lôh-Djiboua region in the south-west of the country. Ecofin Agency reports that this initiative is part of a cooperation between Côte d’Ivoire and China, scheduled to last 18 months…
Read MoreTurkish group MFB International invests US$168M in setting up flour mill and cocoa processing units in Côte d’Ivoire
CÔTE D’IVOIRE – The Turkish group MFB International has allocated 100 billion CFA francs (US$168 million) for the construction of cocoa and flour milling plants in Cote d’ivoire, an initiative aimed at bolstering processing capabilities in the West African nation. According to Ecofin Agence, the announcement was made in a press release published on July 24 by the Ministry of…
Read MoreTouton Négoce divests palm business in Côte d’Ivoire to PALMCI
CÔTE D’IVOIRE- Touton Négoce Côte d’Ivoire, a leading cocoa trading company, has sold its subsidiaries SAO and TCI to PALMCI, a subsidiary of SIFCA and the first producer of crude palm oil in Côte d’Ivoire. The sale will give SIFCA and its subsidiary PALMCI control of palm oil plantations in Abengourou, Zabeza, and Soubre, further extending its palm oil production…
Read MoreCôte d’Ivoire launches a semi-industrial cassava semolina production unit to boost local processing
CÔTE D’IVOIRE – The Côte d’Ivoire government has launched a semi-industrial cassava semolina production unit as part of the “Government Social Program” (PSGouv) for the benefit of the Sanata women’s farming group. Ecofin Agency reports that the new unit, launched in the town of N’Douci started operations on 30 June producing Attiéké, a cassava product resembling couscous, popular in the country with…
Read MoreCôte d’Ivoire raises its cashew output forecast for 2023 by 22%
CÔTE D’IVOIRE – Ivory Coast’s forecast for the 2023 cashew output has been revised up by 22% to a record 1.25 million tonnes, boosted by good weather and smuggling from other countries, Ecofin Agency citing Reuters has reported. Adama Coulibaly, the director general of the Cotton and Cashew Council (CCA) revealed the forecast, stating that the anticipated harvest surpasses…
Read MoreCôte d’Ivoire completes the construction of an agro-industrial zone aimed at bolstering cashew processing
CÔTE D’IVOIRE – Côte d’Ivoire, the world’s leading producer of cashew nuts has announced the completion of an agro-industrial zone dedicated to the processing of cashew nuts in the town of Korhogo as the country bets on boosting the processing capacity. Extending over 28.7 hectares, the new agro-industrial zone is planned to house, in particular, 7 processing units, storage warehouses,…
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