Invest in Cocoa processing In Cote d'Ivoire
1. History of the Ivorian cocoa and world market History in Côte d’Ivoire Cocoa was introduced in Côte d'Ivoire towards the end of the 19th century. As soon as it gained independence on August 7, 1960, Côte d'Ivoire chose economic liberalism and positioned agriculture as the fundamental pillar of its development. Since then, cocoa cultivation has been brought to the forefront of the Ivorian economy to the point where it now accounts for nearly 15% of GDP and 40% of export earnings. It also provides more than 1/3 of the Ivorian population with direct and indirect income. The coffee and cocoa sector was liberalized in the 2000s before being reformed at the beginning of 2012 to return to a marketing system that guarantees a producer price at least equal to 60% of the international price.