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Business Africa


Chocolate: Africa's ambitions [Business Africa]

Business Africa

<p><strong>With 70% of world cocoa production, Africa has several assets to transform its production, but it faces numerous obstacles.</strong></p> <p>The continent, home to more than two of the world’s major cocoa producers, has enormous potential and resources to process locally. </p> <p>But it faces the problem of imbalance: producers complain that they receive only 2% of the $100 billion generated by the global chocolate industry. </p> <p>In this episode, Michel Arrion, the Executive Director of the International Cocoa Organization from Abidjan, Côte d’Ivoire, explains.</p>