Public Management

Côte d’Ivoire introduces National Coffee and Cocoa Traceability System

Côte d’Ivoire introduces National Coffee and Cocoa Traceability System
Thursday, 14 September 2023 19:21

The Ivoirian government has just adopted a decree establishing a National Coffee-Cocoa Traceability System. This system aligns with the Marketing flow management improvement program initiated by the Coffee-Cocoa Council (CCC).

According to the authorities, the national coffee and cocoa traceability system includes a computerized system for recording commercial transactions and a system for labeling bags of coffee and cocoa. This move will enable the producer and origin of the products to be identified, thus tracking their journey from the production area to the end customer.

"Specifically, this system will determine the origin of coffee and cocoa products at each level of the marketing chain, enforce the guaranteed minimum purchase price at the field's edge for producers, secure financial transactions in the coffee and cocoa sector, and preserve product quality by promoting compliance with minimum sustainability standards," explains the statement.

Overall, this initiative reflects the executive's commitment to comply with the new European Union (EU) law on imports of products linked to deforestation, which is due to come into force by the end of 2024.

As a reminder, this European law requires importers of products such as coffee, cocoa, beef, soy, rubber, and palm oil to provide a certified verification statement proving that their goods do not contribute to deforestation.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
• Africa’s total trade rose by 13.9% to $1.5 trillion after shrinking in 2023• Intra-African trade grew by 12.4%, driven by the African Continental...
• Burkina Faso to tax interest on new WAEMU bonds from Aug 1, 2025, excluding its own.• Ends unregulated tax exemption causing state revenue...
• Gabon raises CFA119.91 billion via a multi-tranche bond issued on the Bvmac.• Investors now show renewed confidence amid post-election stability.• Funds...
• Gates Foundation commits $1.6 billion over five years to Gavi.• Bill Gates warns of rising child deaths due to foreign aid cuts.• Funding comes as...
Most Read
01

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
02

Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Ni...

Telecoms: Lebara Enters Nigerian Market with Strong Competitive Ambitions
03

In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...

In Five Years, Francophone Africa Will be A Major Force in African Tech –Régis Bamba
04

• Google unveils Veo 3, its latest AI tool for ultra-realistic video generation• Experts warn deepfa...

Deepfake Threat Becomes Alarming in Africa as AI Advances Faster Than Laws
05

• Gates Foundation commits $1.6 billion over five years to Gavi.• Bill Gates warns of rising ch...

Gates Foundation Pledges $1.6 Billion to Gavi to Boost Global Child Vaccination
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.