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

[loyola llothta]

This is actually pathetic. TF they in this situation for in the first place.

Western imperialism

 

[loyola llothta]

Aren't they at a natural disadvantage if they don't get in on producing higher-value refined products?

I believe Ghana got some white owned(german) Chocolate Factory recently

Edit:
I take that back. Ghana do have they own.
'GoldenTree' (2000 metric tons of chocolate annually) but import ingredients like milk, powder, and sugar.

The Cocoa Processing Company Ltd is mostly owned by the Ghanaian Government and the facility in Tema was chosen in early 2004 to be updated and expanded as the first step of consolidating the cocoa business inside Ghana.

Cocoa Processing Company Limited (CPC) based in Tema was established in 1965. It was incorporated as a limited liability company in November 30, 1981 and publicly listed on the Ghana Stock Exchange on February 14, 2003

The company comprises three factories: two Cocoa Factories and a Confectionery Factory. The company processes raw cocoa beans into semi-finished products - Cocoa Liquor, Butter, Natural/Alkalized Cake Or Powder whilst the Confectionery Factory manufactures the Golden Tree Chocolate Bars, Couverture, Chocolate Coated Peanut (Pebbles), VITACO and ALLTIME drinking chocolate Powder, Choco Delight (Chocolate spread), Choco Bake and Royale natural cocoa powder.

The CPC factories process only the choicest premium Ghana cocoa beans without any blending, probably the only factory in the world which can make such a claim. Through intensive research and product development, CPC turns out products, which meet international quality standards and also consumer satisfaction.

 

[Cynic]

"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.

I'm saying it's a great idea for another commodity that's as valuable and rare as oil.

You might be fine with paying more but this is how wars are started. When western companies feel their profits threatened the next step is regime change and sanctions when coups fail.

Now this won't happen in cocoa as they are more likely to just source from another country which hurts local farmers.

 

[loyola llothta]

Another One
I see another local Chocolate brand from Madagascar called 'Madecasse' but i believe it's white owned

• Pretty successful company founded in 2006.
• Tim McCollum is the founder and CEO of Madecasse who is based in New York.
  
• Peace Corps volunteers established it to help farmers make money from the island nation's coveted cocoa and vanilla.
• They don't sell the chocolate product in their country of origin
• The bars, which cost $6, sell at Whole Foods and other gourmet food outlets in the United States

 

[staticshock]

Half the time y’all hate Africans, other half of the time y’all be when stuff like this gets posted

 

[phcitywarrior]

I'm saying it's a great idea for another commodity that's as valuable and rare as oil.

You might be fine with paying more but this is how wars are started. When western companies feel their profits threatened the next step is regime change and sanctions when coups fail.

Now this won't happen in cocoa as they are more likely to just source from another country which hurts local farmers.

Ding ding ding. It's easy for us in the West to say "sure, I'll pay more for a chocolate bar or cup of coffee", but wait until DRC gets around to demanding more money for cobalt.

iPhone 20 gonna be like $10K and AA batteries are gonna be like $50 for a pack

 

[phcitywarrior]

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.

This. The goal should be moving to this

While still having control and improving this

 

[generic-username]

I am Nigerian i didn't even know we produced cocoa

 

[phcitywarrior]

I am Nigerian i didn't even know we produced cocoa

What....you didn't know we produced cocoa? We're like the 4th or 5th largest producer and like CIV and Ghana we maintain a geographic monopoly on the crop. 70% of cocoa comes from CIV, Ghana, Nigeria and Cameroon. You never been out to the cocoa farms in the Yorubaland? Like in Ogun or Osun state?

Nigeria also is a large producer of oil palm and rubber. Agribusiness is booming right now, you just have to get into the add value services or have a fully integrated firm.

 

[Frangala]

Well same with crude oil

 

[loyola llothta]

Ghana and Cote d'Ivoire are not ready for a war with Nestle and Kraft. Not now. This is a good start. Step by step.

The big markets for cocoa derivate are the US, China, and Europe. And people in China and India also want those euro brands.

It's a long fight. Precipitation is not the move. Rome was not built in a day.

seem like ghana and china already linking up. I think the covid 19 fuk up the 2020 plan

• The Ghana Cocoa Board (COCOBOD) has signed an agreement with the China General Technology (Group) Holding (Genertec) for the establishment of a cocoa processing factory in Ghana.
• The factory, which will be located at Sefwi-Wiawso in the Western Region will be operated by COCOBOD and Genertec through a Public Private Partnership (PPP)
• The project, Hon. Aidoo added, also has the potential to grant Ghana access to the huge Chinese market of well over a billion people. There lies a unique opportunity to reach several-million consumers of cocoa made and processes in Ghana
• The Ghana Cocoa Board (COCOBOD) has signed an agreement with the China General Technology (Group) Holding (Genertec) for the establishment of a cocoa processing factory in Ghana.
• The factory, which will be located at Sefwi-Wiawso in the Western Region will be operated by COCOBOD and Genertec through a Public Private Partnership (PPP)
• the project will also aid in COCOBOD’s drive towards increasing local consumption and more importantly, it fits into the agenda of the present government, that Ghana should increase its share of the USD$ 100 billion global cocoa industry through value addition to cocoa beans.

 

[African Peasant]

seem like ghana and china already linking up. I think the covid 19 fuk up the 2020 plan

Good move.

 

[Reality]

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.

Well aware and I don't give a shyt. I'd happily pay 1.5-2x the price of most of what I put in my fridge and pantry if I knew it was going to us.

 

[Red Shield]

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.

yeah shyt will get more expensive.. but so what

Africa has to progress/advance for black folk to have a better future.

 

[Red Shield]

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

Make chocolate and give it some snazzy packaging