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Ghana-Côte d’Ivoire: Towards a cocoa cartel

July 14, 2026ECOTIMESecotimesdz.comTranslated from French
ECOTIMES

As cocoa prices have sharply declined after their historic high in 2024, the two countries are considering reviving an alliance dubbed the 'OPEC of cocoa'. The goal is to harmonize farm gate prices, coordinate harvest and marketing schedules, and strengthen their bargaining power against international buyers. Cameroon and Nigeria have also been invited to join this regional initiative. Max Koffi, founder of Equal Trade Alliance, analyzes the prospects of this cooperation and the strategies enabling African producers...

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