The Director General of the Coffee-Cocoa Council, Koné Brahima Yves, presented "the policy and mechanisms for setting prices for better remuneration for the work of producers in the coffee-cocoa sector" to Ivorian deputies, this Tuesday, December 22, during a parliamentary briefing at the National Assembly in Plateau.

The presentation by the general manager of the coffee-cocoa council enabled the deputies to identify in particular the principle of Decent Income Differential (DRD) which guarantees a margin to Ivorian coffee and cocoa producers.
According to Mr. Koné Brahima, the DRD makes it possible to correct “the injustice done to local producers by the international market”. Clearly, the principle of DRD makes it possible to set a premium of 400 US dollars (i.e. 200,000 CFA francs) per ton to be paid back to local producers, with a view to coping with stock market variations by ensuring security in the fixing of the price of the cocoa.

At the beginning of this month of December 2020, the Café Cacao Council had launched an offensive against two giant American chocolate makers (Hershey's and Mars), accusing them of not paying this special bonus intended to better remunerate farmers producing cocoa. But in the end, the Hershey firm would have agreed to pay this premium.
In addition, facing the deputies, Mr. Koné mentioned the ambitions of the Ivorian authorities to locally and entirely transform Ivorian cocoa within less than ten years.

“In 2015, the Government announced that in 2020 we should be able to transform 50% of production. Currently, we are around 29%. According to the wishes of President Alassane Ouattara, within eight years, nothing should come out of Côte d'Ivoire as cocoa beans," said the CEO of the Cocoa Coffee Council.
Also, he announced the construction of new storage warehouses in Yopougon and San Pedro to reach 300,000 tons and also the construction of processing plants of 50,000 tons in these two localities.