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Côte d’Ivoire: At the end of June, 389,000 tons of cocoa were processed

Thursday, 13 July 2017 17:05

(Ecofin Agency) - In Côte d’Ivoire, 389,000 tons of cocoa were processed at the end of June, up 13.8% as compared to a year before.

According to Reuters which reports GEPEX’s estimates covering 6 out of the country’s 12 processors, from May and June, the volumes of cocoa processed recorded a strong growth, standing at 18% and 34% respectively.

Despite having an annual processing capacity of 712,000 tons of cocoa, Côte d’Ivoire processed only 492,000 tons of the beans in 2015-16, thus 32% of its overall output over the period.

The government plans to increase this rate to 50% by 2020.

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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