COCOA COMPROMISE?

Cameroon’s obstacle course to join the ‘cocoa OPEC’

By Omer Mbadi

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Posted on March 29, 2023 13:50

Bagging cocoa beans in the village of Ntui, 80 km north of Yaoundé (Central Region), Cameroon. ©Ange Aboa/REUTERS

Cameroon and Nigeria have announced their membership in the alliance formed by Côte d’Ivoire and Ghana as a counterweight to chocolate industry giants and traders.

In May, Cameroon and Nigeria are expected to join the “cocoa OPEC”, the alliance formed in March 2018 by Côte d’Ivoire and Ghana, the world’s first and second largest suppliers of beans (65% of global production).

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