Cocoa

Gerald Manley. Pic: ofi

Business

Gerard Manley announces retirement as ofi Cocoa CEO

By Anthony Myers

Gerard Manley, CEO of ofi’s Cocoa business and the group’s Chief Sustainability Officer (CSO), has announced he will will retire at the end of June 2023 after 25 years with the company.

The Olam Group reported 'steady 2022 performance'. Pic: Olam Group

Olam Group remains optimistic, despite drop in earnings

By Anthony Myers

The Singapore-based agribusiness said it remains ‘cautiously optimistic' about its prospects for 2023’ despite reporting 24.5% lower earnings of S$200.0 million (US$148.52m) for the year ending 31 December 2022.

Cote d’Ivoire's cocoa farmers will now be guaranteed the farmgate price for their beans with the new electronic cards. Pic: Mighty Earth

Legislation

Cote d’Ivoire implements electronic payment cards for cocoa farmers

By Anthony Myers

Cote d’Ivoire’s cocoa regulator, Conseil du Café Cacao (CCC), has initiated a scheme to distribute electronic cards to cocoa farmers to help track beans from farms to their export ports and ensure the growers are paid a guaranteed price for their produce.

Cargill’s Cocoa Promise – 10 years on, what lessons have been learned?

Is sustainability under threat?

Cargill’s Cocoa Promise – 10 years on, what lessons have been learned?

By Anthony Myers

Cargill’s commitment to cocoa sustainability stretches back to 2000, when it began offering seminars to cocoa farmers. Kate Clancy has been with Cargill and working in sustainability since 2011, taking up her recent position of Group Sustainability Director,...

ofi's Dezaaan single origin cocoa. Pic: ofi

Special report

Asian consumers driving demand for single origin cocoa

By Anthony Myers

As ConfectioneryNews reported last month, the trend for single-origin cocoa ingredients has been growing for some time, as consumers with a sweet craving also look more closely at how and where their cocoa is sourced.

Raw cacao pioneers Lovechock has a new owner. Pic: Lovechock

M&As

Lovechock eyes expansion after company takeover

By Anthony Myers

Lovechock, the Dutch raw cacao company, has been acquired by Belgian family-owned company Pauwels Engineering NV, the two parties have announced in a statement.

Ourput of West African cocoa beans fell last month. Pic: CN

Commodities

Uncertain supply and demand undercuts cocoa prices

By Anthony Myers

Recent flash flooding in West and Central Africa has hindered Cote d’Ivoire’s transportation of cocoa beans from the farms to the ports and could be the reason for the reduction of cocoa arrivals seen during the first few weeks of the main 2022-23 season...