Cocoa
in sentence
61 examples of Cocoa in a sentence
Last year, we launched a small pilot program to help smallholder farmers increase
cocoa
production, eliminate cocoa-driven deforestation, and boost resiliency.
According to Ghana’s Lands Commission, less than 2% of the country’s 800,000
cocoa
farmers have a legal right to the land they cultivate.
But once
cocoa
trees stop producing after 30 years or so – or sooner if disease strikes – farmers must obtain permission from the original landowner to replant.
At the same time, USAID is mapping
cocoa
farmers’ land and documenting their customary rights to it.
Indeed, at independence, the Ivory Coast was the most prosperous state in French West Africa, with coffee and
cocoa
exports accounting for 40% of the region’s total exports.
African countries adopted commodity boards for coffee and
cocoa.
Although the original rationale was to buy the crop in years of excess supply and sell in years of excess demand, thereby stabilizing prices, in practice the price paid to
cocoa
and coffee farmers, who were politically weak, was always below the world price in the early decades of independence.
They also produce materials for clothes, oils for soaps and lubricants, fruits, and other foods, such as
cocoa.
Fair-trade products like cocoa, coffee, tea, and bananas do not compete with domestic European production, and therefore do not have a protectionist motive.
But FAIRTRADE-labeled products still represent a very small share – typically less than 1% – of global sales of cocoa, tea, coffee, etc.
Only a tiny proportion – as little as 1% – of the premium that we pay for a FAIRTRADE chocolate bar will ever make it to
cocoa
producers.
Dependency on coffee or
cocoa
exports requires a build-up of precautionary reserves.
The Real Raw Material of WealthTIRANA – Poor countries export raw materials such as cocoa, iron ore, and raw diamonds.
After all, Switzerland has no cocoa, and China does not make advanced memory chips.
When many people think about the engines driving that growth, they imagine commodities like oil, gold, and cocoa, or maybe industries like banking and telecommunications.
One hundred years ago, our trading was limited to the supply of raw materials, mainly gold, timber and
cocoa.
One hundred years later, our trading consists of raw materials, mainly gold, timber and
cocoa.
Ghana is best known for producing
cocoa
and gold, but today Affiliated Computer Services (ACS), a Texas company that runs the outsourcing operation, is the country's largest private employer.
Among other things, it explains why a region that produces about 75% of the world’s
cocoa
accounts for just 5% of the nearly $100 billion annual chocolate market.
After gaining independence from France in 1960 with Felix Houphouet-Boigny as President, the country became the world’s largest exporter of
cocoa
beans and a significant exporter of coffee and palm oil.
It revised its policies in response to that criticism, but more recently has been targeted again for using child and forced labor to produce its
cocoa.
In North Africa, textiles, garments, and aeronautics are among the leading sectors, and West Africa is investing in cocoa, shea butter, and cassava products.
Deforestation is also threatening
cocoa
and the future of chocolate.
Forest loss in the Amazon is eliminating wild relatives of cocoa, while in West Africa it is quickly depleting soils and making crop cultivation much harder.
Soil depletion, along with aging trees and the increased risk of pests and disease, is threatening the livelihoods of the already-poor small farmers who produce the vast majority of the world’s
cocoa
and coffee.
With 25 million coffee producers and up to six million
cocoa
farmers (and their families) worldwide, any effort to end this cycle of human and natural-resource poverty must match the size and scope of the problem.
One early adopter of a digital FDP is Peter Oppong, a
cocoa
farmer in Ghana for the past 17 years.
Many
cocoa
and coffee farmers do not.
Financing the transformation of the coffee and
cocoa
supply chains is a huge undertaking that calls for increased investment at all levels and a variety of approaches, including public-private lending partnerships for mitigating and sharing risks, and specially tailored microloan products and digital tools to assess creditworthiness.
I saw here abundance of
cocoa
trees, orange, and lemon, and citron trees; but all wild, and very few bearing any fruit, at least not then.
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