Our man in Cocoa-stan

May 21, 2011

Ivory Coast President Ouattara Formally Inaugurated

Ouattara has moved quickly to take control of a faltering economy by reopening banks, paying overdue civil service salaries, and resuming cocoa exports. France and the European Union are providing more than $820 million in emergency assistance.

President Ouattara personally thanked President Sarkozy for that intervention under the U.N. mandate. He said it allowed many lives to be saved and the Ivorian people will always recognize that French contribution.


August 4, 2011

Barry Callebaut Plans Ivory Coast Cocoa Processor, Patriote Says

Barry Callebaut AG (BARN), the Zurich-based chocolate maker, plans to open a cocoa-processing plant in Ivory Coast, le Patriote reported, citing Chief Executive Officer Juergen Steinemann.

The factory will process as much as 70,000 metric tons of cocoa, the Abidjan-based newspaper cited Steinemann as saying, following a meeting with Ivorian President Alassane Ouattara yesterday.


August 13, 2011

Troops blamed for mass graves in Ivory Coast

Mass graves have been discovered in an opposition neighbourhood of the business capital Abidjan. The UN mission recorded 26 killings, as well as rapes and illegal arrests in the past month. The reported reprisals will add to concerns that the internationally supported new leader, Alassane Ouattara, has broken promises over reconciliation in the deeply divided West African nation where a contested election led to civil war this year.

A number of leading figures from the Gbagbo regime are facing trial for alleged crimes committed while in power, but so far none of Mr Ouattara’s backers has been arrested despite compelling evidence of human-rights abuses.


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