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Second G25 summit: Africa is working on transforming its coffee sector “through added value”

17/08/2023
Source : ORISHAS FINANCE
Categories: Sectors

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Le deuxième sommet du Groupe des vingt-cinq pays africains producteurs de café (G25) s' est tenu du 7 au 10 août 2023 dans l the Republic of Uganda. The continent's actors à divers niveaux du have style="font-family: "Bookman Old Style”, "serif"">seized the opportunity to work on a transformation of its coffee sector “through added value”.

Les dernières statistiques mentionnent que Africa represents about 12% of global coffee production, its production only contributed $2.5 billion to the African economy in 2021. However, the global commercial value is estimated at $466 billion. According to the Minister of Commerce, Industry and Local Consumption, Kodjo Adedze, “it is necessary to revitalize African coffee, to create integral added value on the product at the national and continental levels, through the processing, domestic consumption of coffee and to prepare for the opportunities offered by the various markets, in particular that of the African Continental Free Trade Area (AfCFTA

)”.
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