Coffee: Togo wants to double its production by 2030

Published 2024년 11월 8일

Tridge summary

Togo is setting a target to increase its coffee production to 50,000 tons by 2030, which is double the current output. This was announced during a Council of Ministers meeting which approved two decrees; the first is a new agreement with the Inter-African Coffee Organization to boost production, processing, and trade, and the second is Togo's participation in the 2022 International Coffee Agreement. The government's focus is on ensuring fair revenues for coffee producers and a profitable supply chain. To achieve its 2030 goal, Togo plans to increase investments in its Coffee and Cocoa Sector Development Plans, requiring approximately $19.5 million.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Togo First) - Togo eyes a coffee output of 50,000 tons by 2030, twice the current production. The target was revealed during the November 5 Council of Ministers which approved two key decrees relating to the coffee sector. The first decree approves a new agreement with the Inter-African Coffee Organization (IACO), aimed at enhancing coffee production, processing, and trade. The second decree pertains to Togo's accession to the 2022 International Coffee Agreement, which was adopted in Bogota, Colombia. From 2013 to 2023, Togo’s coffee output has grown from 10,950 tons to 27,336 tons. The government's primary objective is to ensure fair revenues for coffee producers and equitable profit distribution throughout the supply chain. A statement from the Council emphasized that "the priority remains the sustainable improvement of producers' living conditions and the profitability of the sector for all players in the chain." This underscores a commitment to creating a professional and ...

Source: Togofirst