Nigeria and Cameroon have expressed their interest in joining the Côte d’Ivoire – Ghana Cocoa Initiative (CIGCI) at the third steering committee meeting, which was held in Abidjan.
The Steering Committee. the highest level decision-making body of the CIGCI, met for the third time in Abidjan, on 12 October 2022. Prior to this, Members of the Initiative’s Special Committee from Ghana and the Ivory Coast met on 11 October 2022 to review the Initiative’s 2021/2022 Annual Report, to discuss their 2022/2023 work plan and prepare to receive Cameroon and Nigeria, who have expressed their interest in joining the alliance.
It was Dr Owusu Afriyie Akoto who welcomed the two countries and tasked the CIGCI Secretariat to take the prospective members through the processes to admit them as members. He added that the need for a better price for cocoa farmers cannot be “overemphasised”.
‘’The two countries joining Ghana and Côte d’Ivoire will create an alliance of countries, whose total cocoa production constitutes 75 per cent of the world’s supply,” he said at the meeting.
In response to continued volatility and a decline in prices over the last 50 years, Côte d’Ivoire and Ghana, who account for more than 60% of the world production, have made steps to transform the current cocoa business model. The aims of the CIGCI are to improve prices and livelihoods of cocoa farmers, to promote and enhance consumption of cocoa, to promote the common interest of member countries in the cocoa market, to tackle challenges facing cocoa production, to share knowledge on cocoa and to harmonise cocoa production among the member countries.
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