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
Nigerian billionaire adds $5.78 billion to his fortune in under four months Gains driven by strong stock performance of BUA Cement and BUA...
Gozem is in talks with the IFC for €21 million to expand in four countries Funding would support vehicle financing and the “Drive-to-Buy”...
Fitch affirms Cameroon at “B”, outlook negative Growth steady, debt contained; governance and political risks persist New vice-presidential role seen...
UBA's Nigerian home market posted a 1.7 billion naira ($1.1m) pre-tax loss in 2025, against a 364 billion naira profit a year earlier A 117 billion...
Most Read
01

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
02

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
05

As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...

From South Africa to Egypt: Why Nissan is reshaping its African strategy
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

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


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.