africa
Rainforest Alliance welcomes EU move to help reduce deforestation
The Rainforest Alliance, which has worked closely with cocoa farming communities, has welcomed a renewed commitment from the European Union to reduce deforestation and forest degradation, as stated in the Communication from the European Commission.
Business news, Cocoa & chocolate, Ingredients, Sustainability
Fairtrade USA confirms move to increase cocoa payments
Fair Trade USA has set out a policy of increasing its minimum price and Community Development Premium for cocoa by 20 per cent as of October 2019.
Business news, Cocoa & chocolate, Ingredients, Sustainability
Ghana Cocoa Board expresses concerns over low revenues gained by African nations
The chief executive of the Ghana Cocoa Board, Joseph Boahen Aidoo, has met with the Standard Bank Group, as part of the company’s immersion programme of providing learning opportunities on how to grow Africa’s business and banking sectors.
Business news, Cocoa & chocolate, Ingredients, Sustainability
Solidaridad marks 50th anniversary supporting global farming including cocoa sector
Solidaridad, the organisation supporting farming communities around the world including cocoa farmers, is marking its 50th anniversary with a conference at its base in Utrecht in the Netherlands on 16 May.
Business news, Cocoa & chocolate, Processing, Sustainability
Mondelēz International projects growth despite challenging quarter
Global confectionery and snacks group Mondelēz International has remained confident of its outlook for 2019 with a number of major initiatives, despite noting challenging trading conditions with its latest quarter financial results.
Business news, Cocoa & chocolate, New products, Sustainability
Creating the factories of the future
As turnkey production lines are increasingly updated with cutting-edge technologies in mind, from augmented reality (AR) and VR solutions to industry 4.0 solutions, confectionery and chocolate manufacturers are gearing up for the factory of the future. Daisy Phillipson reports for Confectionery Production
Business news, Cocoa & chocolate, New products, Packaging, Processing, Sustainability
Olam International sets $361 million deal for Nigeria’s Dangote Flour Mills
Global food and agri-business Olam International is set to acquire complete ownership of Dangote Flour Mills (DFM), a flour and pasta manufacturer in Nigeria, for US$ 361 million, amid growing demand for bakery and snack foods in the country.
Business news, Ingredients, New products, Processing, Sustainability
International Cocoa Council welcomes EU drive on tackling deforestation
The Ivory Coast-based International Cocoa Council (ICCO) has welcomed a policy initiative from the EU targeting increased action on deforestation within industry supply chains.
Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability
Sustainably sourced palm oil could provide confectionery sector answers
With sustainability of cocoa sourcing remaining high on the sector’s agenda, confectionery consultant Graham Godfrey asks if responsibly farmed alternatives to cocoa butter, such as palm oil, should be considered
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Mondelēz International confirms its Cocoa and Forests Initiative sustainability goals
Global confectionery group Mondelēz International has set out its plans to protect and restore forests in cocoa-growing regions, in an effort to secure a sustainable future for cocoa by making farms more resilient to climate change.
Fairtrade Fortnight aims for living wage for Ivory Coast farmers
Fairtrade Fortnight began in the UK this week, and its commendable work has an especially potent message this year. Its core aim for 2019 centres on calling on assistance for women cocoa farmers in West Africa, specifically Ivory Coast, the vast majority of whom are working in below poverty line conditions. Though this may not […]
Business news, Cocoa & chocolate, Ingredients, Sustainability
Waitrose confirms commitment to 100% own brand Fairtrade confectionery
UK supermarket retailer Waitrose and Partners has confirmed that it is committed to making all cocoa in its own brand confectionery 100% Fairtrade by the end of 2019.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Fairtrade Foundation calls on government to support its key annual goals
The Fairtrade Foundation’s is delivering a new campaign calling on the UK Government and companies to ensure cocoa farmers earn living incomes by 2030 in line with the UN’s Global Goals to end poverty.
Business news, Cocoa & chocolate, Regulatory, Sustainability
The Hershey Company records upturn in annual confectionery sales
US-based confectionery business, The Hershey Company, has projected positive growth for 2019, with net sales of $7,8 billion for 2018, marking a 3.7% over the previous year’s performance.
Business news, Cocoa & chocolate, Ingredients, Sustainability