The Cocoa Agroprocessing Opportunity in Africa
Cocoa represents the archetypal agroprocessing challenge: African countries dominate cocoa bean production, representing 69% of total volumes in the 2009/10 season, but have a far lower share of basic intermediate processing (also known as “grinding”) and a negligible share of the manufacture of chocolate. As a result, African countries dominate a $9bn a year commodity market, while forgoing a consumer goods production opportunity estimated to be worth $87bn a year.
The cocoa value chain is characterized by a highly consolidated and vertically integrated group of players that spans multiple activities, from the initial grinding of beans to the industrial manufacture of chocolate (or “couverture”) and, in some cases, through to the final manufacture of retail chocolate. For African policy-‐makers, any substantive policy will need to take into account how to work with these players to influence the future growth and distribution of global processing and manufacturing.
Download publication (PDF, 1.6 MB)*This report is a Dalberg study commissioned by ACET as background for the 2014 African Transformation Report.
1 Comment
We need an amount of US$500,000.00 in a form of a loan, grant or equity to enable us pay for per-operational expenses, project loan facility processing to establish a Cocoa Processing Company (Project) at Takoradi in the Western Region of Ghana to produce Cocoa powder and Butter from a fermented Cocoa beans for export to the international market.
Thank you and hope to hear from you for further deliberations and submissions for your review and consideration