Audio By Carbonatix
The Minister for Food and Agriculture, Eric Opoku, has called for Africa to derive greater value from the billion-dollar cocoa and chocolate industry, stressing the need for structural transformation in the continent’s agricultural systems to ensure producers benefit more from the value chain.
Speaking at the Inter-Parliamentary Conference on Family, Sovereignty and Values on June 4, Mr. Opoku said food sovereignty in the 21st century cannot be achieved through primary production alone.
“Food sovereignty in the 21st century cannot be achieved through primary food production alone,” he stated, adding that Africa must move beyond the export of raw materials.
He noted that although Africa produces about 70 percent of the world’s cocoa beans, it captures only a small share of the value generated by the global chocolate industry.
“Africa produces approximately 70 percent of the world’s cocoa beans, yet receives only a fraction of the value generated by the global chocolate industry,” he said.
He further indicated that the global chocolate industry is valued at about $129 billion, while Africa’s share remains below 5 percent.
“The global chocolate industry is estimated at $129 billion, and Africa’s share is less than 5 percent. This imbalance exists across numerous agricultural commodities,” he noted.
Mr. Opoku lamented that African economies continue to export raw materials and import finished products, describing it as a cycle of dependency.
“We export raw materials and import finished products. We export value and import dependency,” he said.
He stressed that achieving food sovereignty requires deliberate investments in agro-processing and value addition across the continent.
“Food sovereignty requires structural transformation. It requires investment in agro-processing. It requires connecting farms to factories,” he stated.
He further called for improved infrastructure, including storage facilities, irrigation systems, transport networks, and stronger agricultural research institutions.
“It requires building storage facilities, irrigation systems, transportation infrastructure, and agricultural research institutions,” he added.
Mr. Opoku also highlighted the importance of empowering women and young people, describing them as the backbone of Africa’s agricultural sector.
“It requires empowering women and young people who constitute the backbone of Africa’s agricultural workforce,” he said.
He further urged the adoption of modern technologies in agriculture, including digital tools, mobile finance, satellite mapping, artificial intelligence, and climate-smart farming practices.
Latest Stories
-
Failure to beat Panama in World Cup group stage will be disappointing – Ghanaian fans to Black Stars
4 minutes -
NPP disputes claims over Afari Military Hospital, says project is 98% complete
15 minutes -
We owe no contractors on Accra-Tema Motorway project – Road Minister
16 minutes -
Iran soccer team ordered to depart US immediately after World Cup matches
20 minutes -
Black Stars must approach Panama clash cautiously – Football analyst
20 minutes -
Search for six-year-old Ebola patient after armed men storm DR Congo hospital
20 minutes -
Zoomlion, NADMO and Dredge Masters intensify flood prevention efforts across Accra
25 minutes -
Mary Akosua Takpo
44 minutes -
The sale is lost in the silence: Why follow-up discipline is the most underrated driver of revenue
48 minutes -
Minority commends Roads Minister for leadership, performance
50 minutes -
2026 World Cup: We need to win for Partey – Kwasi Sibo
52 minutes -
Estonian Business Angels Network partners with Pan African AI Summit 2026
55 minutes -
Flood concerns stall Mankranso 24-Hour Market Project as residents demand relocation
56 minutes -
Asamoah Gyan named brand ambassador for DOSH Health Insurance
1 hour -
Bluewhale Construction breaks ground for 18-storey luxury apartment tower near Labadi Beach
1 hour