The former fourth largest Ivorian cocoa bean exporter SAF-Cacao, whose bankruptcy in 2018 had caused a stir and weakened the Ivorian banking system (Read The cocoa exporter SAF-Cacao in liquidation, victim of contract defaults in Côte d 'Ivoire) is said to be on the road to recovery and financial stabilization since the takeover of its assets in January by the Société agricole du café-cacao (SACC). Five of SACC's creditors have all expressed satisfaction with the company's prospects, according to Reuters, which spoke to them. For his part, the general manager of the SACC, Guy Roger Coulibaly, expressed confidence in the company's ability to honor its commitments to the banks and the Cocoa Coffee Council (CCC). “The SAF-Cacao affair is behind us now. We enjoy the confidence of the banks and the CCC and we are working to repay all our debts within 10 years in accordance with the agreement,” Guy Roger Coulibaly told Reuters. SACC expects to export up to 100,000 tonnes of cocoa in 2019/20, compared to only 15,000 tonnes in 2018/19. Within three years, it aims to reach 150,000 tons.