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Banks close amid political crisis in Ivory Coast
IDJAN, Ivory Coast (AP) - At least one major bank says it has shut its doors amid Ivory Coast's political crisis, spreading fears of cash shortages in the increasingly isolated west African nation after the incumbent president refused to step down
Cash shortage fears cause panic in Ivory Coast
ABIDJAN, Ivory Coast (AP) - A third bank has shut its doors amid a political crisis in Ivory Coast, as residents in the commercial hub lined up at banks to try to withdraw their savings amid rumors of a cash shortage.
Cocoa rises after arrest of Ivory Coast strongman
NEW YORK: Cocoa prices rose Monday after opposition forces captured the former president of the Ivory Coast. That nation is one of the world's largest cocoa producers.
CB Industrial unit to build mill in Ivory Coast
KUALA LUMPUR: CB Industrial Product Holdings Bhd's unit Modipalm Engineering Sdn Bhd has secured a contract from Dekel Oil CI SA, worth RM40.3mil, to build a mill in Ivory Coast.
Gbagbo nationalizes cocoa in Ivory Coast
ABIDJAN, Ivory Coast: Laurent Gbagbo has announced on state TV that the government will now be the only entity authorized to buy or sell coffee and cocoa, the country's two main exports.
Ivory Coast's largest bank closes, crisis deepens
ABIDJAN, Ivory Coast (AP) - Nine banks, including Ivory Coast's largest, have shut down their operations one after another this week, further squeezing the country's strongman who is refusing to leave office nearly three months after being declared the loser of the presidential election.
Pact to aid poor cocoa farmers in peril
LONDON: The steepest dive in cocoa demand in a decade has thrown into jeopardy a plan by top producers Ivory Coast and Ghana to guarantee some two million farmers a living wage, sources within the countries’ regulators said.
Chocolate makers face ultimatum over pay for poor cocoa farmers
ABIDJAN: Chocolate makers are facing an ultimatum – either support a contentious plan to raise the pay of impoverished farmers, or risk a halt to programmes that sustainability-conscious consumers increasingly demand.
Guan Chong aims to boost its export markets
PETALING JAYA: Cocoa grinder Guan Chong Bhd is banking on its upcoming processing facility in Cote D’Ivoire (Ivory Coast) to serve as a launchpad to boost its export markets, especially in Europe.
SapuraKencana unit bags RM1bil contracts
PETALING JAYA: SapuraKencana Petroleum Bhd has bagged a number of oil and gas jobs worth US$312mil (RM1.01bil) for work in Ivory Coast, Russia, India, Brunei and Malaysia, lifting its order book to a new high of RM27bil.
