Government of Ivory Coast Announces 50% Increase in Cocoa Farmgate Price
Sunday, 31 March 2024, 12:30
Ivory Coast Raises Cocoa Farmgate Price by 50% to Support Farmers
The government of Ivory Coast has taken a decisive step by announcing a significant increase of 50% in the cocoa farmgate price. This move aims to empower local farmers in the critical cocoa industry and enhance the sustainability of the sector.
Key Points:
- 50% increase in cocoa farmgate price announced by the Ivory Coast government.
- This decision is expected to positively impact the livelihoods of cocoa producers.
- The raise in price reflects the government's commitment to supporting farmers and boosting economic growth in the cocoa sector.
The initiative underscores the government's dedication to prioritizing the well-being of farmers and ensuring the long-term sustainability of the cocoa industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.