The Ivorian Minister of Agriculture, Rural Development, and Food Production Kobenan Kouassi Adjoumani has inaugurated a new cashew nut processing unit in Loukoukro, near Yamoussoukro. Developed by Afcott Cashew Sarl, a subsidiary of the Kewalram Chanrai industrial group, the facility spans 20 hectares and boasts an initial processing capacity of 20,000 tonnes per year for […]
Ivory Coast Launches 5-Year Programme To Boost Beef Production
Ivorian Minister of Animal Resources and Fisheries, Sidi Tiemoko Touré, has launched a five-year beef cattle production project (PRO-Bovine) worth 9.7 billion CFA francs (US$16.2 million). The project, which will run through 2028, will focus on strengthening the technical capacities of 770 breeders, installing 350 new operators in the cattle breeding sector, and related activities […]
FASCINATING! AgDevCo Invests Heavily On Ivorian Agriculture
AgDevCo, a British investor specializing in African agriculture, has concluded a €5.5 million (US$5.8 million) mezzanine debt investment in the agribusiness sector in Côte d’Ivoire. The investment has been received by Afrique Phyto Plus (A2P), an Ivorian company trading and production of agricultural inputs also operating in Mali, Burkina Faso, and more generally in West […]
Team Europe Earmarks US$442 Million To Support Ivory Coast’s Cocoa Farming
The European Union and its partners have announced they are raising 450 million euros (US$442 million) to support Ivory Coast’s push to tackle child labour and deforestation linked to cocoa production, while also improving farmer pay. Team Europe, made up of the EU, its member states and multilateral European lenders, indicated that the new funding […]
WASTE TO WEALTH! Ivory Coast Kicks-Off Oil Palm Waste Electricity Project
The government of Ivory Coast has kicked off construction work on the first biomass power plant with grid injection in Africa, to be managed by BIOVEA Energie. Biovea Energie, an Ivorian incorporated firm owned by Électricité de France (EDF), Meridiam and Biokala, a joint venture created by Meridiam and a major agro-industrial player in West […]
FORMIDABLE! Fairtrade, ECOOKIM, Mars Partner To Support Agriculture In Ivory Coast
Three Ivorian star outfits, Fairtrade, ECOOKIM and Mars have teamed up to wrestle income inequities in Ivory Coast by supporting smallholder farmers in the country. In what is deemed could be one of the industry’s most comprehensive efforts to date designed to address persistent barriers to cocoa farmers’ ability to achieve a living income, the […]
Ivory Coast Launches Multi-Million Dollar Agro-Industrial Project To Curb Food Imports
Ivory Coast has launched an agro-industrial project in the Northern region of the country, aimed to transform the agro-industrial sector and stimulate inclusive agricultural growth, thereby reducing poverty and the country’s food imports. The project is financed to the tune of 87.6 million euros (US$89.6m), through three loans i.e., 42 million euros (US$42.9m) from the […]