Ivory Coast's bittersweet cocoa industry

Global chocolate prices may rise if farmers in cocoa-rich country stop producing beans due to meager earnings.

    Although chocolate is a global multi-billion dollar industry, cocoa farmers in the Ivory Coast, a West African country that supplies almost half of the world's cocoa beans, are struggling to make ends meet. They earn just a few dollars a day.

    There are fears that if the Ivorian government does not fulfill its promises to reform the industry and farmers do not start making an increased profit soon, they will abandon their crops, pushing up chocolate prices around the world.

    Nazanine Moshiri reports from Arrah in the southeastern Ivory Coast.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Why Jerusalem is not the capital of Israel

    Why Jerusalem is not the capital of Israel

    No country in the world recognises Jerusalem as Israel's capital.

    Strong quotes for Martin Luther King Jr Day

    Quotes from Martin Luther King Jr that resonate today

    Quotes of justice, education, religion and race said by MLK Jr.

    Bitcoin: Know the risks before you buy

    Bitcoin: All you need to know before you buy

    'Bitcoin is right now the riskiest investment you can make.' Here are the risks you should consider before you buy.