Agriculture: Cocoa Producers In Cameroon Recieve Double The Price Paid To Their Counterparts In Ghana And Ivory Coast.
Dernière mise à jours il y'a 1 moisAs the 2024 -2025 cocoa season begins, Cameroonian farmers are benefiting from Substantially higher prices , almost twice those paid to producers in Ivory Coast and Ghana, the world's top two cocoa -producing countries.
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The 2024 -2025 cocoa campaign, officially launched on August 8,2024 in Cameroon by the Trade Minister Luc Magloire Mbarga Atangana,set producer purchase Prices between 3500 and 3650 Cfa Francs in various production basins .These figures were communicated during the mid-term evaluation meeting held on October 17,2024 by the luc Magloire Mbarga Atangana,Minister of Trade. According to him , prices have doubled compared to the same period last year. According to data compiled by the information system for value -chains, a price alert mechanism managed by the National Cocoa and Coffee Office,price per kilogram of cocoa in Cameroon's production basins didnot exceed 1800 cfa francs. In Ivory Coast, the gov't -set price has been increased by 20% compared to the previous campaign, reaching 1800 Cfa Francs, per kilogram for the current campaign.Meanwhile , Ghana has increased its Cocoa price by 45 % hitting 1,823 Cfa Francs per kilogram.
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Floyd Miles
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