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The global chocolate industry is worth over $100bn. Why do cocoa farmers live on less than $1/day? With Kwame Kwarteng
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My friend and professional troublemaker, Kwame Asamoah Kwarteng joins me on the podcast this week. Kwame loves to tell the world that he is a cocoa farmer’s son but he is more. He is an Agricultural Policy Analyst and a Cocoa-Chocolate Industry expert. We discussed the reasons why small holder cocoa farmers are the least paid in the global cocoa-chocolate value chain and the power imbalance that exists between the large corporations in the West and the major supplier countries being Ghana and Ivory Coast. Kwame also touched on the systemic problems in the global cocoa-chocolate industry that are linked to the colonization era and the Living Income Differential- an intervention to support cocoa farmers, and why it has failed to meet its intended purpose. But it’s not all doom and gloom, Kwame offers solutions and sends a passionate message to young Africans which you don’t want to miss. If you are new to the cocoa sector, consider this episode a free crash course on global cocoa-chocolate industry. You are welcome.
Find Kwame’s articles here : https://cocoadiaries.substack.com/
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