The Morning Call
Cocoa-producing countries in West African have recently launched efforts to improve their bargaining position in the chocolate industry. However, for farmers – who are the end of the bargaining chain – the government proposed price increase per kilo of beans is not sufficient to support a decent livelihood.
This is the story of farmers in West Africa, particularly in Ivory Coast, which is the world’s leading cocoa producer, by supplying 40% of the world’s cocoa. More than half of Ivorian producers live below the poverty line, according to the World Bank.
There is a number of reasons for this including change in climate, deteriorating soil quality but notably, low prices due to the forces of demand and supply dictated by wealthy foreign markets.
The chocolate sector is also accused of worsening the situation of poor farmers by shackling them with heavy debts in the name of initiatives aimed at alleviating poverty.
up next
The Morning Call
The Morning Call is about you. We want to share your opinions on our programme. If you want to contribute to The Morning Call, here are the best ways to get in touch :Post your comment on Twitter with #themorningcall
Sms or Whatsapp us to (+242) 064 77 90 90
Email us on morningcall @africanews.com
Leave a voice message here
11:19
Cocoa is under pressure while East African economy is on the rise {Business Africa}
01:00
Pix of the Day: July 16, 2025
00:52
Nigeria's former president Buhari laid to rest in his hometown of Daura
01:00
Pix of the Day: July 15, 2025
Go to video
Former Nigerian President to be buried today
02:03
Muhammadu Buhari's legacy: higlight of his presidential tenure