Can African Farmers Survive Crashing Cocoa Prices
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Cocoa’s stunning rise and its equally remarkable slump are beginning to shake up the longstanding way of doing business in West Africa, the region that supplies the bulk of the world’s beans.
On this week’s episode of the Next Africa Podcast, Bloomberg softcommodities reporter Mumbi Gitau joins Jennifer Zabasajja to discuss why cocoa prices have seen such a dramatic fall, how it’s changing the way cocoa regulators have to operate and why it’s leaving farmers in the world’s biggest cocoa producing countries worried.
You can read Mumbi Gitau’s reporting on cocoa here, and for more stories from the region, subscribe to the Next Africa newsletter here.
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