Cocoa-processing revolution, or unintended consequences? - A tale of a cocoa cartel

• Main Authors: Mulangu, Francis, Kottoh, Michael
• Other Authors: Nanyang Business School
• Format: Newsletter
• Language: English
• Published: 2020
• Subjects: Business; Business::General; Africa; Value Chain
• Online Access: https://hdl.handle.net/10356/142624
• Institution: Nanyang Technological University

Cocoa production increased by fifty percent in the first decade of the 21st century, in response to rising global demand for chocolate. Cote d’Ivoire and Ghana, the world’s largest cocoa beans producing countries, recently signed an unprecedented pact to impose a minimum cocoa bean price of $2,600 p...