Ghana and Cote D’Ivoire have agreed to institute a per-tonne “living income differential” as part of a new payment structure designed to fortify incomes of the countries’ cocoa producers.
At a July 3 meeting in Adbijan, Cote D’Ivoire, representatives from the West African countries — which produce two-thirds of the world’s cocoa — decided to implement a $400 per metric tonne differential in the 2020-2021 season.