Commercial importance of cocoa in africa
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Cocoa is of signiƄcant economic importance both for producing and consuming countries. For producing countries, it generates export revenues, income and employment. In Côte d'Ivoire and Ghana, for example, this commodity accounted for more than 30 per cent of export earnings over the period 1995-2014.
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Two million family farms in some of West Africa's poorest areas produce 70 percent of the world's cocoa. The cocoa sector is a major engine of regional economic activity, generating significant export revenue and providing livelihood for 20 million people.
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