In Belgium, chocolate is a part of everyone’s daily life. This delicious treat can be found in every cupboard. A huge range of products is available, sold everywhere from supermarkets to Belgium’s famous chocolate shops. Indeed, consumers may well assume that its production is consistent and stable.
However, passionate industry advocates have warned of threats to quality cocoa production for several years.
Various issues have been widely discussed, including climate change, growing global demand (with Asian countries among chocolate’s new consumers), and local economic reasons.
The cocoa market is particularly threatened by the fact that very few cocoa farmers are paid fairly for their work; this causes young farmers to abandon plantations.
Alterfin has always made it its mission to defend sustainable initiatives that are socially, environmentally, and economically coherent, making it possible to distribute quality products and provide smallholder producers with a fair income. That is why Alterfin supports CADESA, a farming cooperative in Sassandra in Côte d’Ivoire.
Thanks to this cooperative, founded in 2003, producer families have seen their average annual income increase to EUR 4,100 per year while gross national income per capita remains below USD 2,000 per year. Today, the cooperative has more than 2,000 members in the Sassandra region in the south-west of Côte d’Ivoire.
It should also be noted that financial support from Alterfin and related funds has enabled CADESA to increase its production and cocoa sales from 3,500 to 8,000 metric tons over the last two years. About a third of its annual production is certified by the FLO (Fairtrade Labeling Organization), UTZ, and the Rainforest Alliance. It is also in the process of obtaining organic certification for a group of 200 farmers.
By supporting cooperatives like CADESA, Alterfin demonstrates its commitment to responsible cocoa production, ensuring that consumers will be able to enjoy quality chocolate for many years to come
Did you know?
Although cocoa is grown in West Africa, Southeast Asia, and Latin America, Côte d’Ivoire produces 40% of the world’s cocoa; the sector accounts for roughly 10% of the country’s GDP. While consumers often think of Latin America as the birthplace of cocoa, Côte d’Ivoire produces quality cocoa, both in terms of its certification and its impact on local societies and economies.
CADESA during the Covid-19 pandemic
Find out more about another Ivorian partner that specializes in cocoa: SCEB
Find out more about CADESA
Read all articles