Channel: Business Insider

Category: People & Blogs

Tags: business newsbusiness insiderafricacocoa beaneuropecocoaghanachocolate

Description: In 2021, Ghana grew 1 million tons of cocoa. But it exported most of that to Europe and North America, where it was turned into chocolate. And the big bucks are in chocolate. Trapped in a trade relationship with Europe and struggling to process chocolate itself, Ghana sees little of the industry's profits. So as chocolate companies rake in billions, cocoa farmers struggle to make a living income. We went to Ghana to see the impact on farmers and learn how local entrepreneurs are trying to keep chocolate dollars inside their country. MORE BIG BUSINESS VIDEOS: Why We Kill So Many Houseplants, But Spend Billions On Them Anyway | Big Business youtube.com/watch?v=bNtxbb52eE0 Why Kombucha Makers Spend Millions to Make the Drink Less Boozy | Big Business youtube.com/watch?v=7o2dILl8Fhc Why Fake Saffron Trafficking Is Destroying The 'Red Gold' Industry | Big Business youtube.com/watch?v=cF9rRr-tLi4 ------------------------------------------------------ #BusinessInsider #BigBusiness #Cocoa Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit us at: businessinsider.com Subscribe: youtube.com/user/businessinsider BI on Facebook: read.bi/2xOcEcj BI on Instagram: read.bi/2Q2D29T BI on Twitter: read.bi/2xCnzGF BI on Snapchat: snapchat.com/discover/Business_Insider/5319643143 Boot Camp on Snapchat: snapchat.com/discover/Boot_Camp/3383377771 Ghana Grows Our Cocoa, So Why Can’t It Make Chocolate? | Big Business