Africa produces approximately 70% of the world's cocoa supply but receives less than 6% of the global chocolate industry's total revenue, as African nations export raw cocoa beans at low prices while European companies capture the majority of profits through processing, packaging, advertising, and retail activities.
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The Cocoa Paradox: Africa's Sweetest InjusticeAdded:
The cocoa.
Africa produces roughly 70% of the world's cocoa supply.
70%.
You would expect African nations to dominate the chocolate industry.
Instead, they earn less than 6% of the global chocolate industry's total revenue.
The beans leave African ports for pennies.
They return as finished chocolate bars sold for dollars with European brand names printed on the wrapper.
The processing, the packaging, the advertising, the retail, that is where fortunes are made. And that entire chain exists elsewhere.
Africa does the hardest, dirtiest, lowest paid part of the work while others collect the profit.
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