African Cocoa Marketplace operates a digital platform connecting global buyers with vetted African cocoa sellers. The service provides a curated catalog, detailed verification reports, and trade facilitation support for sourcing cocoa beans and semi-finished products. This platform enhances supply chain transparency and streamlines the coordination of logistics and payments between buyers and sellers.
Funding
Funding not disclosed
Founders
Product
Problem
African cocoa producers face challenges in accessing global markets, hindering their ability to secure fair prices and establish direct relationships with international buyers. The lack of transparent trading platforms and compliance support further complicates market entry, especially with evolving regulations like the EU Deforestation Regulation (EUDR).
Solution
ACM operates a digital marketplace connecting African cocoa bean and semi-finished product sellers with global buyers, fostering transparent transactions and EUDR compliance. The platform facilitates direct engagement between producers and buyers, streamlining the cocoa supply chain and promoting equity. ACM partners with compliance solution providers to offer deforestation risk assessment tools and farmer-friendly risk mitigation options, ensuring sustainable and legally compliant cocoa sourcing. By digitizing the trading process, ACM enhances market access for African producers, enabling them to connect with a wider network of buyers and secure better deals.
Target Audience
The primary target audience includes African cocoa producers seeking access to global markets and international buyers looking for transparent and EUDR-compliant cocoa sourcing.
Features
- Digital marketplace connecting African cocoa sellers with global buyers.
- Support for trading cocoa beans and semi-finished products (cocoa butter, liquor, powder).
- EUDR compliance solutions, including deforestation risk assessment and mitigation tools.
- Partnerships with compliance providers like orijin, Aya Data, and Demeter Holdings.
- Seller onboarding currently focused on Ghana, Liberia, and Sierra Leone.
- Buyer onboarding to commence soon.
- Webinar series providing insights into African cocoa and chocolate markets.