Cote d'Ivoire, Ghana Say Multinationals Exploiting Cocoa Farmers
Cote d'Ivoire - the largest cocoa producer in the world and Ghana, a close second - are boycotting cocoa sustainability meetings hosted by the World Cocoa Foundation in Brussels. Authorities in the two West African countries accuse multinational chocolate companies and traders of blocking measures to improve cocoa farmers' incomes.
This follows recent measures taken by the Ghanaian government to improve the financial position of the country's cocoa farmers. This includes a Cocoa Farmers Pension Scheme and an increase in the cocoa producer price to 21% for the 2022/2023 cocoa season.
The Ghanaian government made two major announcements that would greatly change the livelihoods of cocoa farmers in the country, Ghanaian Times reports.
The first announcement ... Read more »
Drying cocoa beans in Cote d'Ivoire (file photo).