New ICO coffee development project approved

18 November 2011

Qualitative and quantitative rehabilitation of coffee with the aim of improving the living conditions of coffee farmers afflicted and displaced by war: The Common Fund for Commodities has announced that its Executive Board has approved the financing of a new project sponsored by the ICO. The project is aimed at improving the sustainable livelihoods of coffee producers affected or displaced by war in the Eastern provinces of the Democratic Republic of Congo. The total cost of the project is US$1.61 million, including a contribution of US$1.37 million from the CFC of which US$700,000 will be contributed by the OPEC Fund for International Development.
Proposal

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(US cents/lb)  20/09/2019
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Colombian Milds 131.88 0.9%
Other Milds 128.38 0.1%
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Robustas 70.06 0.3%

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