"OPEC For Cocoa": The Ivory Coast and Ghana, Which Produce Over 60% Of The World Cocoa, Join Forces

[Vinny Lupton]

we will all take a hit

Africa progressing means the world pays more for African resources.

It's time but I'm not sure many of "us" in the west understand that it's not just cacs eating that tax they will raise prices on us the end consumers.

i don't eat chocolate bars i'm not 9 yrs old

 

[Cynic]

A lot of these resources need to be nationalized and the profits given to the people and put into infrastructure.

Libya did it with oil and got one of the highest standards of living until them arabs couldnt take being associated with us anymore now the country is on Iraq status

Lot of transnational trade deals been brewing in Africa and it's important that it happens. Look at what that kind of cooperation did to europe. The Euro is a strong currency and countries that had on sight beef for hundreds of years are now on good terms. Europe has literally never been as peaceful since the E.U. started.

Africa needs that too.

Oil =/= Cocoa.

Nationalization won't solve the issue if everyone is acting in their own interests. I include tribalism and egoism here too.

 

[Koba St]

Those countries in West Africa need to work as one big bloc on everything.

Ive been saying this for a long time. African countries are too small and poor to work on individual basis as they will be exploited easily.
By joining forces, not as a single country but an economic, military and political bloc that speaks as one and protects each other they’ll be unstoppable.

 

[#1 pick]

Those countries in West Africa need to work as one big bloc on everything.

It's always idiots in America saying stuff like this.

 

[Samori Toure]

It's always idiots in America saying stuff like this.

You are such a little sissy.

 

[phcitywarrior]

If they can't compete with the big wigs, perhaps they could work through the diaspora?
Maybe Ghana need's to work on food tourism? Start small and have 'The Year of Return' concentrate on the confectionary industry or subsidize it.

It's possible that some small scale farmers could build out their own chocolate factories and brands, market them as African made and make a tidy sum. However, that will still be a small market at the end of the day. The global demand for chocolates (just think of all of the duty free shops that carry French, Belgian or Swiss chocolates) out strips anything the diaspora could replicate.

 

[Scustin Bieburr]

Oil =/= Cocoa.

Nationalization won't solve the issue if everyone is acting in their own interests. I include tribalism and egoism here too.

"Why try anything. Theres no point"

That's all I'm getting from your post. You have to start SOMEWHERE. I'm not a little kid, I know there are egos involved and ethnic tension, but that's no different than the racial tension in the US and the egos of the elected officials who are often paid off by companies.

I'm fine paying more for products with cocoa in them if it means a better standard of living for people who are suffering. I'm not trying to see Africa getting raped again by cacs and their variants.

 

[Jammer22]

It's possible that some small scale farmers could build out their own chocolate factories and brands, market them as African made and make a tidy sum. However, that will still be a small market at the end of the day. The global demand for chocolates (just think of all of the duty free shops that carry French, Belgian or Swiss chocolates) out strips anything the diaspora could replicate.

Yep.
This thing is gonna have to start small and stick with niche avenues, events, and maybe church events for a long time. Year of Return definitely has to be exploited.

I also think other blk nations need to be courted too. I know Jamaica blue mountain coffee industry could use a boost right now. They been falling off for a while and I think they could do a coffee-cocoa thing.

 

[MajesticLion]

Not bad, not bad



Still: quality > quantity

 

[Frangala]

The money is in value addition which means capital investments (i.e plants and equipment in addition to reliable electricity supply).

Value addition means chocolate made in Ghana and Ivory Coast instead of exporting raw cocoa which is determined by a cyclical international commodity price where the producer country has no control over.

Value addition also means more job creation locally.

 

[NoGutsNoGLory]

The money is in value addition which means capital investments (i.e plants and equipment in addition to reliable electricity supply).

Value addition means chocolate made in Ghana and Ivory Coast instead of exporting raw cocoa which is determined by a cyclical international commodity price where the producer country has no control over.

Value addition also means more job creation locally.

Exactly. What costs more some metal and plastic or a fukking car.

 

[kwazzy100]

Nothing but good news about Ghana
Coli, stay up and keep posting excellence

 

[Luke Cage]

They say cocoa will be extinct by 2050.
Search Page.
So i expect the price of chocolate to start going up eventually.
One day soon only billionaires will be able to afford real chocolate bars.
Then Ghana will have a 65% of product that sells at like Lambo prices

 

[loyola llothta]

Some Good News

• Lowa chocolate factory, the first locally-owned producer in Democratic Republic of Congo
• Lacking sophisticated modern equipment, their output is meagre, only 2 kg (4.40 lb) per day, but the bars have found a devoted following in Goma. At a local supermarket Baritegera Nikuse Gloria grabbed a $5 bar. She likes it because it's local, and organic.
  
• In 2014 Kalinda's grandfather, Kalinda Salumu, had a dream of turning plantations abandoned after Congo's independence into productive cooperatives that could export beans abroad.

Packaged bars of chocolate are displayed at the Lowa Chocolate Factory in Goma, Eastern Democratic Republic of Congo June 23, 2020.
REUTERS/DJAFFAR AL KATANTY

A worker holds a packaged bar of chocolate at the Lowa Chocolate Factory in Goma, Eastern Democratic Republic of Congo June 23, 2020.
REUTERS/DJAFFAR AL KATANTY

 

[loyola llothta]

It's possible that some small scale farmers could build out their own chocolate factories and brands, market them as African made and make a tidy sum. However, that will still be a small market at the end of the day. The global demand for chocolates (just think of all of the duty free shops that carry French, Belgian or Swiss chocolates) out strips anything the diaspora could replicate.

Recently afew African farmers been doing this last year. Selling chocolate locally