Ugandan cocoa farmers reap big from high prices
International News
April 3, 2024
Ugandan cocoa farmers like Joseph Konde Kigongo are experiencing a windfall as cocoa prices surge. With high demand and favorable market conditions, cocoa exporter Julien Aillerie from Esco Uganda Ltd. notes the profitability for both farmers and exporters. The surge in cocoa prices reflects global trends, with increased demand for chocolate products worldwide. For Ugandan farmers, this represents a significant boost in income, improving livelihoods and stimulating economic growth.