Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
West African countries plan to hike cocoa prices, citing 'injustice' in chocolate industry. Can they
Source: Washington Post
West African countries plan to hike cocoa prices, citing ‘injustice’ in chocolate industry. Can they reduce child labor?
The price hike could help improve farmers’ lives, experts say.
By Peter Whoriskey July 2 at 7:19 AM
While the global chocolate industry takes in an estimated $100 billion annually, many of the hundreds of thousands of West African cocoa farmers, who provide most of chocolate’s key ingredient, live in poverty.
This imbalance amounts to a “manifest injustice,” Ghanaian President Nana Addo Dankwa Akufo-Addo said last month.
Now the world’s leading cocoa producers, Ghana and Ivory Coast, are joining in an attempt to raise the commodity’s price, a move government officials say will boost farmer incomes, reduce the incidence of child labor and give West African farmers a more equitable cut of global chocolate profits.
“We will not continue to be victims or pawns of the global cocoa industry that is dependent on the work of our farmers,” Akufo-Addo said at a state dinner after the proposal was announced.
-snip-
The price hike could help improve farmers’ lives, experts say.
By Peter Whoriskey July 2 at 7:19 AM
While the global chocolate industry takes in an estimated $100 billion annually, many of the hundreds of thousands of West African cocoa farmers, who provide most of chocolate’s key ingredient, live in poverty.
This imbalance amounts to a “manifest injustice,” Ghanaian President Nana Addo Dankwa Akufo-Addo said last month.
Now the world’s leading cocoa producers, Ghana and Ivory Coast, are joining in an attempt to raise the commodity’s price, a move government officials say will boost farmer incomes, reduce the incidence of child labor and give West African farmers a more equitable cut of global chocolate profits.
“We will not continue to be victims or pawns of the global cocoa industry that is dependent on the work of our farmers,” Akufo-Addo said at a state dinner after the proposal was announced.
-snip-
Read more: https://www.washingtonpost.com/business/2019/07/02/west-african-countries-plan-hike-cocoa-prices-citing-injustice-chocolate-industry-can-they-reduce-child-labor/