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
-
Joy FM Back-to-School PrayerFest set for this Saturday ahead of new academic year
9 minutes -
ICU Ghana opposes proposed VALCO private investment, demands review of 70% equity transfer
30 minutes -
Finance Minister Dr. Ato Forson to lead inaugural post-BRT 2026 sessions
30 minutes -
Conference League: Prince Amoako Jr scores in Nordsjaelland win over St Gallen
43 minutes -
31-year-old woman dies after C-section at Ridge Hospital; husband alleges negligence
44 minutes -
WAFU B WCLQ: Ampem Darkoa Ladies book semis spot with win over AS Garde Nationale
1 hour -
Man City and Aston Villa to face champions PSG
2 hours -
How IMF capped forex intervention to $80m a month, lifted restriction in 2025 after reserves accumulated – Bawumia reveals
2 hours -
Today’s Front pages: Friday, August 28, 2026
2 hours -
Why I proposed Gold-for-Oil and Domestic Gold Purchase Programme – Bawumia discloses
2 hours -
Sista Afia urges artistes to disinfect mics or get personal ones for shows
3 hours -
Joy FM Back to School Discount Fair returns September 4–5
3 hours -
Supporting small-scale miners to become medium-scale miners key to tackling galamsey menace – Bawumia
3 hours -
No politician can beat Bawumia in 2028 if voters focus on issues – Miracles Aboagye
3 hours -
Mahama reaffirms Ghana’s investment drive, calls on global investors to partner in Africa’s growth
4 hours