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Stakeholders Renew Drive for Future of Cocoa Industry

by Tolulope Akinruli
January 31, 2024
in Business News
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Stakeholders Renew Drive for Future of Cocoa Industry
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Stakeholders within the Cocoa industry reaffirmed their commitment to fostering positive changes within the sector following discussions at the International Cocoa and Chocolate Forum (ICCF). They viewed the forum not just as a gathering but as a driver for transformation. The event, organized by the International Cocoa Diplomacy (ICD), focused on the impact of the new EU policy on cocoa-producing regions and strategies for enhancing the resilience of cocoa farmers.

Key discussions revolved around themes such as sustainable cocoa production practices, technological advancements for farmers, media’s role in connecting producing and consuming regions, and addressing social issues like slavery and child labor. Experts like Dr. Oluseye Oludoye shared insights on sustainable farming practices, while others go into various topics related to the cocoa industry.

Cocoa industry

A central focus was on redefining stakeholders’ roles along the cocoa value chain and emphasizing investment over mere social responsibility for a more significant social impact. Attendees critically evaluated sustainability labels and explored investment opportunities within this industry. The forum raised questions about the feasibility of achieving value addition in production regions, as reported by gaurdian.ng

Tags: Cocoa industry
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