AGP Executive Report
Last update: 9 hours agoCocoa Traceability Crunch: Côte d’Ivoire cocoa sellers are struggling to use a new electronic traceability system tied to upcoming EU anti-deforestation rules, with the electronic producer card required from Sept. 1 for the 2026/27 season—raising fears of slower purchases and delivery disruptions. Coastal Erosion Warning for West Africa: A Harvard-led study says parts of the Gulf of Guinea coast are eroding up to 30 feet per year, and that “hard” sea defenses like groynes may protect one community while worsening erosion elsewhere—urging governments to rethink coastal protection plans. Climate Shock to Food Supply: El Niño is strengthening, with the UN’s weather agency warning of continued impacts through Feb. 2027, threatening farming regions and potentially pushing up prices for climate-sensitive crops like rice, sugar, palm oil, cocoa and coffee. Digital Farming Push in Yamoussoukro: A UM6P-backed Digital Farming School is opening applications for its first Côte d’Ivoire cohort in Yamoussoukro, training future agritech developers to tackle real farm challenges with sensors, drones and decision tools. Cocoa Finance for Local Processing: FMO approved a €20m working capital facility for Ivory Cocoa Products to buy sustainably sourced beans and keep processing steady amid global market volatility.
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