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.
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
MTN Ghana completes separation of mobile money into new entity Move aims to boost fintech growth ...
Indorama Corporation signed a deal to build a $525 million phosphate fertilizer complex in Egypt. The project will produce 600,000 tonnes...
Niger, Morocco sign agreements to boost education, vocational training Talks focus on human capital amid high dropout, capacity...
Ethio Telecom, Mastercard discuss expanding cross-border payments partnership Collaboration targets remittances, fintech integration, multi-currency...
Ukraine explores wheat flour production project in Ghana following 2025 cooperation deal; Ghana’s wheat imports surge 56.7% to 1.09 million tonnes in...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...