Ivory Coast Audits Cocoa Cooperatives Amid Management Concerns
- Regulator plans to audit some exporting cocoa cooperatives
- CCC says poor financial management of local groups is an issue
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Ivory Coast is auditing cocoa cooperatives amid concerns that poor management could threaten local groups’ survival.
The world’s top cocoa producer has almost completed audits of 230 cooperatives in the southwest of the country and plans to review another 48 that export and are part of a group known as Ucoopexci, the industry regulator Le Conseil du Cafe-Cacao said.