18 months


Cameroon, Nigeria, Sierra Leone and Togo

Nature of Project:

Price Risk Management

Estimated total Cost:

US$ 654,217

Financing commited by CFC:

US$ 313,828

US$ 87,444
Counterpart financing
US$ 252,945
Project Executing Agency (PEA):


Project Supervisory Body:

International Cocoa Organization (ICCO)

Project Starting Date:

 October 2013

Completion Date:

 April 2015

Brief Description:

The project will implement a major programme of awareness-raising, training and capacity building in Africa so as to assist cocoa smallholder farmers to mitigate the negative impact of intra-seasonal cocoa price volatility and secure more predictable and ultimately better incomes from cocoa growing, contributing to a more sustainable cocoa economy..


Project Objectives:

The overall objective of the project is to provide cocoa smallholder farmers with the capacity to tackle appropriately their exposure to cocoa price risk.


Project Status:

The ICCO Secretariat is in consultation with all participants to initiate project activities, expected to commence in the last quarter of 2013.



ICCO Secretariat

International Cocoa Organization
Westgate House
London W5 1YY
United Kingdom

Tel:  +44 (0)20 8991 6000
Fax: +44 (0)20 8997 4372
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

ICCO Agreements

The ICCO International Cocoa Agreement is available to download in Acrobat PDF format.

Go to the ICCO Agreements page

ICCO Membership Procedure

The procedures for becoming a member of the International Cocoa Organization are provided in Articles 52 to 57 of the International Cocoa Agreement, 2010.

How to Become an ICCO Member - International Cocoa Agreement 2010

CFC Website

The Common Fund for Commodities (CFC) is an autonomous intergovernmental financial institution established within the framework of the United Nations.

Go to the CFC website