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Celebrating Ivorian coffee and supporting communities in Côte d’Ivoire: a commitment by Nestlé

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Côte d’Ivoire

On a quiet morning in Gnamagnoa, in western Côte d’Ivoire, farmer François Dadi Serikpa harvests his coffee. The former bus driver switched to coffee farming after his retirement. The father of twelve children and grandfather of twenty-one grandchildren, has found new meaning in life and newfound prosperity thanks to the Nescafé Plan, a global initiative launched by Nestlé (www.Nestle.com) to make coffee farming more sustainable, fair and environmentally friendly.

He says:

“With the Nescafé Plan, Nestlé agronomists taught us how to care for our soil, plant new varieties and better manage our plantations. Now my trees are more resistant, and my production has improved. Coffee is our life: it feeds us, clothes us and gives us hope for the future.” 

Serikpa’s experience reflects the reality of thousands of people involved in the coffee industry in Côte d’Ivoire.

At every stage of this sector, namely agricultural production, processing and marketing, Nestlé is committed to participating in their development, aware that they represent an entire economy in Côte d’Ivoire. With its Nescafé brand, the company has been present in Côte d’Ivoire for more than 65 years, contributing to job and business creation. This commitment begins at the soil level.

An industry rooted in the soil 

The tropical climate and fertile soil of Côte d’Ivoire make it an ideal place for growing Robusta coffee, which dominates local production. However, the industry has faced considerable challenges. In 2000, the country produced nearly 380,000 tonnes of coffee, ranking it among the top African producers. By 2023, production had fallen to just under 47,000 tonnes, a decline attributable to ageing plantations, climate change, limited access to finance and competition from other crops.

Despite this slowdown, coffee remains an important commodity in the country. It supports tens of thousands of rural households and contributes to regional trade in Central and West Africa. Domestic consumption has grown steadily. In 2025, coffee consumption in Ivory Coast is projected to reach approximately 1.38 million kilograms, generating $32.13 million in total revenue across both at-home and out-of-home markets (https://apo-opa.co/43N8npf).

We believe that investing in local farmers and entrepreneurs is essential to building a strong and sustainable coffee industry

 Building resilience through training 

To address decline in the industry, public and private stakeholders have implemented programmes focused on sustainable development and productivity. The Nescafé factory in Abidjan has been producing instant coffee from locally grown coffee beans for over 65 years. It employs hundreds of people and trains talent in Côte d’Ivoire. These employees are mainly Ivorian, but also include other nationalities, some of whom have become certified coffee experts. In 2022, the factory received the Ivorian Government’s national award for excellence for its efforts in waste reduction, economy, energy and responsible operation.

Every second, around 5,500 cups of Nescafé are enjoyed around the world. In Central and West Africa, many of these cups began their journey in Ivory Coast, cultivated by local farmers, processed by Ivorian experts and sold by Ivorian entrepreneurs.

Through the Nescafé Plan, Nestlé supports more than 21,000 coffee-producing families in Côte d’Ivoire. Farmers receive practical training from agronomists on practices that comply with the Common Code for the Coffee Community (4C standards), which aim to make coffee production more sustainable, fair and traceable.

To improve productivity, farmers receive high-yield Robusta seedlings developed at Nestlé’s Research and Development Centre in Zambakro. These efforts are carried out in partnership with the Coffee-Cocoa Council (CCC) and the National Centre for Agricultural Research of Côte d’Ivoire (CNRA).

Nestlé also sources green coffee directly from farmer cooperatives through its Farmer Connect programme.

For farmers like Serikpa, these Nestlé interventions have led to a significant improvement in yields, which can range from 600 to even 1200 kg per hectare depending on climate conditions. Through its entrepreneurship support initiative, called My Own Business, Nestlé supports more than 600 urban hot coffee vendors by providing them with equipment and training, as well as a cart or coffee stand, enabling them to run their own businesses and generate stable incomes. This programme has proven beneficial for young people wishing to integrate into the social and economic fabric. Kamenan Assanvo, one of these entrepreneurs, received ten new coffee carts to develop his network in Greater Abidjan. He owns a total of 45 businesses. This year, there are 80 coffee stands run by young vendors, thereby contributing to the development of street businesses and local employment.

Mame Pane Sakho, Head of Communications and Public Affairs at Nestlé Côte d’Ivoire, said:

“We believe that investing in local farmers and entrepreneurs is essential to building a strong and sustainable coffee industry. It’s not just about coffee; it’s about creating a lasting impact in the communities we serve.” 

The history of Nescafé in Côte d’Ivoire is an example of shared value. From the Serikpa plantation in Gnamagnoa to the Assanvo coffee stands in Abidjan, each cup reflects a shared commitment to quality and collaboration.

Distributed by APO Group on behalf of Nestlé.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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