Persistent market volatility is a major threat to Africa’s cocoa sector, undermining farmer livelihoods and investment, according to the Cocoa and Coffee Farmers Alliance Association of Africa (COCEFAAA). Global President Adeola Adegoke highlighted farmer resilience amidst unstable prices, noting that Africa produces 70% of global cocoa but farmers face low returns.
The upcoming cocoa & coffee fiesta in Lagos aims to address challenges like price volatility and market access.
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