A new burst of energy in industrial activity

Carlos Lopes, the executive secretary of the United Nations Economic Commission for Africa (ECA), often talks about Toblerone, the famous chocolate bar manufactured in Switzerland by Kraft Foods, an $18 billion company. Cocoa for Toblerone bars is imported, probably from Africa, where 70% of the world’s cocoa is harvested. Mr. Lopes once pointed this out to Côte d’Ivoire’s president, Alassane Ouattara, and lamented the fact that only about 10% of the money from chocolates goes to cocoa producers, while the rest remains in the rich chocolate-producing countries.


Powered by WPeMatico

This entry was posted in Business. Bookmark the permalink.

Comments are closed.