Browsing: International Cocoa Organization

The World Cocoa Conference (WCC) was created back in 2012 by the International Cocoa Organization (ICCO) and was launched in Abidjan, Côte d’Ivoire.

According to the WCC organizers, “the event is held every two years to assess the status of the world cocoa economy, review current challenges and agree on measures to address these issues.”

This single event brings together the most diverse range of decision-makers and other stakeholders in the cocoa and chocolate value chain, from all over the world.

The WCC, provides a unique opportunity to deliberate the industry challenges and he new opportunities that are arising every year. The WCC is also a platform to collect vital industry information as well as for stakeholders to network.

Up to 50 million people around the world, including around five million smallholder farmers, depend on cocoa which is essential to their livelihoods. 

Africa is the world’s major cocoa producer with West African nations—Côte d’Ivoire, Ghana, Nigeria, Cameroon and Togo—producing an estimated 70 per cent of the world’s cocoa on 1.5 million farms. The majority of the crop comes from small farms of between three to five hectares. 

Producing cocoa is backbreaking for the cocoa farmers yet they do not earn enough from the product that is a global on-demand ingredient. Most farmers are unable to cover their basic needs despite the fact that the worldwide chocolate market is valued at US$103 billion.