Skip to content
Subscriber Only

Ouattara Says Ivory Coast to Supply 50% Global Cocoa by 2020

  • President Ouattara pledges not to overwhelm nation with debt
  • Ouattara re-elected with 84% of vote, avoiding runoff
Updated on

President Alassane Ouattara said Ivory Coast aims to produce half of the world’s cocoa by 2020 and that he won’t make the mistake of overwhelming the nation with debt to sustain growth like other nations in Africa.

“We will continue to boost our production, there is no limit,” Ouattara, 73, said in an interview in his office in Abidjan, the commercial capital, on Wednesday following his landslide re-election on Oct. 25. “I hope we can surpass 50 percent of global production in 2020 while continuing to improve the quality.”