Capacity Building on Price Risk Management Strategy for Cocoa Smallholder Farmers in Africa
DURATION:
18 months
LOCATION:
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 – Common Fund for Commodities (CFC)
CO-FINANCING
US$ 87,444 – AFD and others
COUNTERPART FINANCING
US$ 252,945
PROJECT EXECUTING AGENCY (PEA):
 TWIN
PROJECT SUPERVISORY BODY:
International Cocoa Organization (ICCO)
PROJECT STARTING DATE:
 October 2014
COMPLETION DATE:
 April 2016

 

 

Brief Description:

The overall objective of the project is to implement a major programme of awareness-raising and capacity building in Africa to assist smallholder cocoa farmers in mitigating the negative impact of intra-seasonal cocoa price volatility and securing more predictable and ultimately better incomes from cocoa growing.
The project will broadly identify the specific impacts of cocoa price volatility and the strategies in place to cope with them in other to develop policy recommendations to improve strategies for price risk management. More importantly, the project will assess and select appropriate price risk management strategies and enhance the capacity of cocoa farmers and traders to use them.
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Project Status:

The project was completed and closed in March 2018.

 

Project Results:

Please click here to download the Project Completion Report (PCR)