African Development Bank Approves €100 Million Loan to Boost Côte d'Ivoire's Cocoa Value Chain

1. AfDB approves €115.66 million for agricultural and cross‑border infrastructure
   The African Development Bank’s board approved a €115.66 million loan for the second phase of the Cross-border and Agricultural Areas Access Program in Côte d’Ivoire, which will support agricultural value chains and infrastructure in border regions.
2. AfDB & Sucden: $100 million financing for cocoa value chains in West Africa
   The AfDB is partnering with Sucden to provide a USD 100 million (approx.) loan to boost cocoa supply and value chain development across Cameroon, Ghana and Nigeria.
   
   Although this is for multiple countries, it shows AfDB’s involvement in cocoa value chain financing.
3. Côte d’Ivoire’s cocoa sector under EU pressure & transformation
   Côte d’Ivoire’s cocoa industry is undergoing structural changes in response to EU deforestation import rules. Cooperatives are being pushed to implement traceability, GPS mapping of plots, and sustainability measures to meet the new regulation’s requirements.
4. Sustainable Cocoa Programme (SCP)
   The SCP in Côte d’Ivoire, supported by FAO, the EU, and development actors, is aimed at improving farmer incomes, combating deforestation, and aligning with EU sustainability rules.

The specific figure “€100 million loan” to strengthen Côte d’Ivoire’s cocoa value chain does not appear in available records (as of now).

The AfDB‐Sucden deal is USD 100 million, and covers multiple countries—not exclusively Côte d’Ivoire.

The larger infrastructure loan (≈ €115.66 million) is oriented more broadly at agricultural and cross‑border infrastructure, not limited strictly to cocoa.