About African Cocoa Marketplace

ACM operates a digital marketplace that connects buyers and sellers of African cocoa products, including cocoa beans and semi-finished goods, facilitating transparent transactions and compliance with EUDR regulations. By providing a platform for direct engagement, ACM enhances the cocoa supply chain's efficiency and equity, addressing the challenges of market access and compliance for African producers.

```xml <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). </problem> <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. </solution> <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. </features> <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. </target_audience> ```

What does African Cocoa Marketplace do?

Where is African Cocoa Marketplace located?

African Cocoa Marketplace is based in Johannesburg, South Africa.

When was African Cocoa Marketplace founded?

African Cocoa Marketplace was founded in 2023.

Location

Johannesburg, South Africa

Founded

2023

Employees

6 employees

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African Cocoa Marketplace

Score: 81/100

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

cocoamarket.com 700+

Founded 2023 – Johannesburg, South Africa

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (5+)

Oluwafunmilayo Olumoko

Business and People Management

Company Description

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.

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.

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.