Zürcher Nachrichten - Ivorian brothers dream of transforming cocoa industry

EUR -
AED 4.241003
AFN 73.32143
ALL 96.264457
AMD 435.49084
ANG 2.066822
AOA 1058.764604
ARS 1597.949484
AUD 1.676973
AWG 2.078272
AZN 1.967396
BAM 1.962489
BBD 2.325728
BDT 141.683564
BGN 1.973561
BHD 0.435685
BIF 3427.417086
BMD 1.154596
BND 1.486969
BOB 8.008298
BRL 6.067751
BSD 1.154731
BTN 109.448969
BWP 15.919471
BYN 3.437216
BYR 22630.074075
BZD 2.322286
CAD 1.604831
CDF 2635.36902
CHF 0.921971
CLF 0.027055
CLP 1068.301597
CNY 7.980392
CNH 7.989998
COP 4249.2467
CRC 536.225485
CUC 1.154596
CUP 30.596784
CVE 110.98555
CZK 24.603629
DJF 205.195187
DKK 7.496448
DOP 68.95827
DZD 153.879614
EGP 60.780401
ERN 17.318934
ETB 180.838585
FJD 2.609838
FKP 0.864865
GBP 0.870276
GEL 3.094767
GGP 0.864865
GHS 12.666364
GIP 0.864865
GMD 84.867224
GNF 10137.349919
GTQ 8.837161
GYD 241.720221
HKD 9.035924
HNL 30.608778
HRK 7.557064
HTG 151.366612
HUF 390.276858
IDR 19617.503194
ILS 3.622683
IMP 0.864865
INR 109.529794
IQD 1512.520257
IRR 1516272.693223
ISK 144.047794
JEP 0.864865
JMD 181.759555
JOD 0.818654
JPY 185.080568
KES 149.986359
KGS 100.96983
KHR 4632.238016
KMF 494.167328
KPW 1039.238007
KRW 1741.130593
KWD 0.355512
KYD 0.962293
KZT 558.235579
LAK 25285.644395
LBP 103394.037822
LKR 363.741444
LRD 212.012665
LSL 19.813301
LTL 3.409221
LVL 0.698404
LYD 7.360592
MAD 10.789123
MDL 20.282399
MGA 4820.437097
MKD 61.637435
MMK 2427.581728
MNT 4133.439787
MOP 9.31702
MRU 46.322813
MUR 54.000874
MVR 17.838939
MWK 2005.532983
MXN 20.922547
MYR 4.530678
MZN 73.836825
NAD 19.813296
NGN 1597.337286
NIO 42.397186
NOK 11.20288
NPR 175.114145
NZD 2.009741
OMR 0.444613
PAB 1.154721
PEN 3.994328
PGK 4.975197
PHP 69.911197
PKR 322.367369
PLN 4.298271
PYG 7549.734427
QAR 4.218027
RON 5.111746
RSD 117.558661
RUB 94.006614
RWF 1686.864195
SAR 4.332448
SBD 9.285301
SCR 16.659944
SDG 693.912357
SEK 10.938258
SGD 1.492666
SHP 0.866246
SLE 28.345751
SLL 24211.30527
SOS 659.855623
SRD 43.413994
STD 23897.798134
STN 24.650616
SVC 10.103439
SYP 127.613163
SZL 19.813287
THB 37.940438
TJS 11.033396
TMT 4.041085
TND 3.37839
TOP 2.779989
TRY 51.302613
TTD 7.845709
TWD 36.998328
TZS 2974.800639
UAH 50.614226
UGX 4301.662877
USD 1.154596
UYU 46.739318
UZS 14091.83988
VES 540.268027
VND 30409.162038
VUV 138.21339
WST 3.180719
XAF 658.200578
XAG 0.0165
XAU 0.000256
XCD 3.120353
XCG 2.081103
XDR 0.816058
XOF 655.810693
XPF 119.331742
YER 275.490657
ZAR 19.766671
ZMK 10392.750198
ZMW 21.737094
ZWL 371.779317
  • RBGPF

    -13.5000

    69

    -19.57%

  • BCC

    0.1400

    74.43

    +0.19%

  • GSK

    -0.1000

    53.84

    -0.19%

  • CMSD

    -0.0900

    22.66

    -0.4%

  • RIO

    0.8500

    86.64

    +0.98%

  • RYCEF

    -0.5900

    14.65

    -4.03%

  • CMSC

    -0.0500

    22.77

    -0.22%

  • RELX

    -0.1000

    31.97

    -0.31%

  • NGG

    -0.4800

    81.92

    -0.59%

  • BCE

    -0.2200

    25.25

    -0.87%

  • BTI

    0.3749

    57.8

    +0.65%

  • JRI

    -0.2700

    11.8

    -2.29%

  • VOD

    -0.1400

    14.49

    -0.97%

  • AZN

    5.0200

    188.42

    +2.66%

  • BP

    0.5100

    46.68

    +1.09%

Ivorian brothers dream of transforming cocoa industry
Ivorian brothers dream of transforming cocoa industry / Photo: Issouf SANOGO - AFP

Ivorian brothers dream of transforming cocoa industry

In a factory in southern Ivory Coast, where machines hum to produce chocolate bars and spreads, twin brothers dream of becoming "giants of cocoa processing".

Text size:

Ivory Coast, which holds its presidential election this Saturday, is the world's leading cocoa producer but only processes about 40 percent locally while the rest is exported.

Fousseni and Alahassane Diakite, 33, opened a processing factory in August in their hometown of Divo, situated in a cocoa-dependent region some 200 kilometres (124 miles) from the economic capital Abidjan, with hopes of closing the gap.

Stored in jute sacks, the beans are roasted to unleash their aroma, shelled, and then ground.

The factory has a processing capacity of 36,000 tons annually, with a target of 80,000 tons.

Comparatively, US giant Cargill, Switzerland's Barry Callebaut, and Singapore's Olam each process between 100,000 and 200,000 tons of cocoa annually in the west African nation.

The twins' added value lies in "the quality of our products, our services," and their story, they told AFP.

Sons of a producer, "we are the pure products of Ivorian cocoa," said Fousseni, asserting that they are now realising their "dream".

"We were sure that what we were going to do was not just for us, but also to inspire other generations," he said.

A few years after earning their high school diplomas, they created a union of cooperatives bringing together over 4,000 producers.

They then founded their first company to create products for the pharmaceutical and cosmetic industries, such as cocoa butter, from the inedible parts of a cocoa pod.

Later, a second company was launched to process cocoa for food products.

Alahassane earned a business degree in Abidjan and has now pursued training at the HEC Paris business school.

Fousseni, meanwhile, has taken up practical training in agroforestry and agronomy.

"We complement each other," Alahassane said.

While their cosmetic materials are exported "where there is demand", he said, their chocolate for consumption is sold in Ivory Coast at competitive prices.

In stores, most chocolate bars, often European brands, cost between 2,500 and 4,000 CFA francs ($4 to $7), while the brothers' bar costs 1,200 francs ($2).

Their small jar of spread is sold at the unbeatable price of 100 francs.

At a time of growing demand for ethical products, "all our productions are traceable," assured Alahassane, while his brother specified that the factory's machines run on renewable energy.

- Creating jobs -

Cocoa accounts for five million jobs in Ivory Coast, or one-sixth of the population.

The government-set price of cocoa paid to growers is at a record level of 2,800 CFA francs per kilo.

A few kilometres from Divo, in a shaded plantation carpeted with cocoa tree leaves, Kanga Prudence N'Guessan was cutting yellow pods with a machete.

"Our wish... is not to send our cocoa outside our country... when processing is done there, it becomes two or three times more expensive," he said.

At another plantation, 49-year-old grower Harouna Ouattara agreed, saying, "local processing is insufficient."

"The first obstacle to cocoa processing is the issue of financing," explained Fousseni.

Their factory cost nearly 50 million euros ($58 million), the brothers noted, without specifying the source of the funds.

The second obstacle has been the lack of qualified labour.

Still, the brothers said their factory has created 1,000 direct and indirect jobs, primarily for locals.

Technical jobs are held by young people trained in major cities.

Salimata Ouattara, a 35-year-old chemist, studied in the southern port city of San Pedro.

In her white coat, between analyses, she said she wants to "help the youth here who don't have much knowledge about industrialisation."

O.Krasniqi--NZN