EcoCare Ghana Holds International Conference on Cocoa Pricing And Stability

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EcoCare Ghana in Collaboration with ClientEarth ,TaylorCrabbe Initiative, Fern and Ghana Civil-society Cocoa Platform (GCCP) Organized an international conference with the theme “SECURING EQUITABLE LIVING INCOME FOR COCOA FARMERS”. The two days conference taking place at AH Hotel, Accra starting from today 10th November,2020 and is bringing participants from Ghana, Côte d’Ivoire and some stakeholders in Europe.

Some cocoa farmers, NGOs and private’s sector actors that operate in a cocoa supply chain also join the conference to see the way forward.

According to EcoCare and ClientEarth , cocoa is very important agro-commodity in West Africa, contributing significantly to the socioeconomic well being of many households in the sub region. Between Côte d’Ivoire ,Ghana and Nigeria; ECOWAS member countries accounted for about 68% of global cocoa supply in 2019 and 2020 cocoa season ,In other words,out of global production of 5 million tonnes in the 2019 and 2020 Cocoa season,3.4 million tonnes were harvested from West Africa alone. The problem however is that according to figures from the International Cocoa Organization(ICCO)Africa’s Cocoa producing countries capture just 3% of global chocolate industry revenue.

The International Cocoa Conference is Organized to clarify the applicable regulatory frameworks governing cocoa production and trade, so we bring relevant stakeholders together to discuss and develop concrete workable strategies and roadmaps to address pricing challenges in the cocoa sector and with emphasis on guaranteeing sustainable cocoa production. The conference also bring together organizations and individuals who have been involved in coco pricing in West sub regions to share experiences and strategies to guaranteeing price stabilization for cocoa farmers.

Speaking to the managing campaigner for EcoCare Ghana, Mr. Obed Owusu – Addai, he indicated that those who survive are those that have large-scale farms but in Ghana the average cocoa farm size is 2 to 3 acres hence cocoa farmers in Ghana are unable to sustain themselves and their families.

He added that “Currently the international cocoa price are way low and farmers are not getting the exact benefits that they are entitled to. Those up the value chain are getting more than those below which is the Farmers are getting nothing out of it”.

Mr. Obed Owusu-Addai applauded the government for increments of cocoa price since they will help in making the farmers have fair share of value.

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