Ghana is a world leader in cocoa production. So why does it see just 2% of the $100 billion chocolate industry's profits?

Insider 2022-04-12

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In 2021, Ghana grew 1 million tons of cocoa. But it exported most of that to Europe and North America, where it was turned into chocolate. And the big bucks are in chocolate. Trapped in a trade relationship with Europe and struggling to process chocolate itself, Ghana sees little of the industry's profits. So as chocolate companies rake in billions, cocoa farmers struggle to make a living income. We went to Ghana to see the impact on farmers and learn how local entrepreneurs are trying to keep chocolate dollars inside their country.

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