pic: Shutterstock
Posted: 11 March 2024
Related core topics: Business news, Cocoa & chocolate, Processing, Sustainability
Related topics: cocoa, marketing, services, support
Related organisations: ACM
Related people: Dr Kristy Leissle
A new service aiming to boost marketing and qualitative assurance capabilities for cocoa companies in Africa is being launched by sector specialist Dr Kristy Leissle, who has spotted what she believes is a key gap in the industry.
Known as African Cocoa Marketplace Inc (ACM), the venture has set out to put farmers perspectives at the centre of the procurement process, to enable them to achieve more secure business relationships and greater respect as the women and men at the heart of the chocolate value chain.
Stll under ‘agile development,’ the platform was introduced to industry stakeholders at the recent Amsterdam Cocoa Week conference, where it was hailed as a ‘fantastic resource for linking markets, farmers, producer organizaJons, and cocoa operators.’
Dr. Kristy Leissle founded ACM after working as a cocoa consultant, scholar, educator, writer, and marketer for nearly twenty years.
Having spent a good portion of her career as a field researcher on cocoa farms across Africa – especially Ghana, where she lived for four years – Kristy said she has met countless farmers, traders, processors, and chocolate makers doing their best to maintain Africa’s cocoa excellence. She added that it is ‘really challenging for these women and men to show that excellence to buyers.’
Dr Leissle founded ACM, which has been in development for the past year, ‘to build upon her learnings of how to achieve authentic visibility into African cocoa value chains, and transform that knowledge into a business that can scale. ACM is creating a new model for cocoa trust and traceability.’
With more value added to ‘responsible procurement’ in the cocoa sector, the ACM pilot platform can help shape the future of cocoa trading by de-commoditising cocoa and making the procurement process more transparent, so farmers have a greater share in revenue from the sale of their beans.
The initiative’s pilot is open to Africa-based suppliers of cocoa, semi-finished products, chocolate, and other value-added products, as well as buyers of cocoa and cocoa products globally.
Benjamin Setor Gbadago, who leads ACM’s research and social media, said: ‘While developing the pilot, we have had to confront the issue of transparency. We are trying to understand as much as possible what the supply chain is like for the farmers as well as buyers. The problem is farmers have to provide all kinds of documentaJon to show proof of due diligence, but buyers rarely do. But the situaJon we are dealing with is a global challenge. Everyone should have to offer transparency.
“We want to make it possible for [producer organizaJons] to connect with as many buyers as possible, and transact business in a way that supports their vision. Soon, you will be able to type a few keywords into our app, and find the business partners who align with your brand. Then, you can negoJate a fair and transparent price for both parties.”
Returning after a six year break, the World Cocoa Conference is set to assemble key leaders and stakeholders from the cocoa sector to engage on the latest major topics facing the wider industry, between 21-24 April For more details, visit https: www.worldcocoaconference.org/
The new Expo, which includes the International Cheese and Dairy Awards & Dairy Industries Expo have created one event which will be entirely dedicated the dairy industry.
The World Confectionery Conference is set for its fourth edition on 12 September, 2024 in Brussels, Belgium.
Covering core confectionery, chocolate and snacks markets, the event will feature a high calibre of presentations representing the complete value chain of the industry. The event also incorporates our World Confectionery Awards, which will return once again next year. Catch our dedicated website, www.confectioneryconference.com for full updates including registration.
The premier show for equipment, systems and ingredients returns once again to the Middle East, in Dubai, highlighting latest annual developments for the region within this core segments. For more details visit gulfoodmanufacturing.com
Food safety Packaging Regulatory Processing New products Ingredients Sustainability Cocoa & chocolate Business news
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