Extreme poverty among West African cocoa farmers drives low production.
Farmers in Ghana earn as little as 84 cents a day
Farmers in Ivory Coast earn as little as 50 cents a day
The Challenge: All Sweat, No Impact
In Ghana, cocoa is mainly sold and purchased through the government which solely decides what quota of the crop’s sales and purchases is used to run initiatives to support farmers. Sadly, this lack of farmers’ “say” in decision making has trapped some 1.6 million farmers in over 1300 cocoa-growing societies, in rural Ghana, in poverty. Consequently, many young farmers do not find cocoa farming attractive, and are not replacing the aging farmer population, contributing to the global decline in cocoa production
At the Epicenter: Ghana
At the heart of this crisis, is Ghana, the world’s second leading exporter of cocoa, which earns about $1.9billion in export revenue annually.