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MForstater's profile
Maya Forstater
Maya Forstater
Maya Forstater
@MForstater

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Maya Forstater

@MForstater

Business and sustainable development. Accountability. Tax. Feminist test case. Media: Tom Gardner at Slater & Gordon 0207 657 1690 press@slatergordon.co.uk

https://medium.com/@MForstater
hiyamaya.net
Joined September 2008

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    1. Jonathan Said‏ @JonathanSaid1 25 Jan 2018
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      "For #Africa to experience a take-off, the economic structures have to change. It can be realised by promoting local manufacturing that drives value addition of major commodities like cocoa & gold." #governance #globadev #SDGshttps://www.linkedin.com/pulse/africa-growing-rising-stephen-yeboah/?trackingId=SYoTxq2SIX3A9Aqdtd8ihQ%3D%3D …

      1 reply 5 retweets 6 likes
    2. Maya Forstater‏ @MForstater 25 Jan 2018
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      Replying to @JonathanSaid1

      The jump from 'should diversify' (yes!) to '..through benefaction of commodities' (really?!) often seems based on belief in hidden/easy margins in value chains. Basis of internationally competitive jewellery or confectionary biz not based on where raw material is @stephen_yeboah

      1 reply 0 retweets 1 like
    3. Stephen Yeboah‏ @stephen_yeboah 25 Jan 2018
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      Replying to @MForstater @JonathanSaid1

      That's the long-standing structure, but not the standard. Like #India with the diamond value chain, African countries can be competitive with #cocoa value chain. An added advantage is that African countries produce more than majority of global cocoa output.

      1 reply 0 retweets 0 likes
    4. Maya Forstater‏ @MForstater 25 Jan 2018
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      Replying to @stephen_yeboah @JonathanSaid1

      Yet most chocolate manufacturing centres have managed without the advantage of being centres of cocoa farming. So it is not clear that it is an added advantage! e.g. @cesifoti 's work on product space depending on capabilities

      1 reply 0 retweets 0 likes
    5. Stephen Yeboah‏ @stephen_yeboah 25 Jan 2018
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      Replying to @MForstater @JonathanSaid1 @cesifoti

      Certainly, there are benefits to adding value to #cocoa: bringing economic spin-offs to #Switzerland, the Netherlands, US. etc. It can be done in #Africa too. This is why governments are beginning to rethink the whole chain, not just producing and exporting raw beans.

      1 reply 0 retweets 0 likes
    6. Maya Forstater‏ @MForstater 25 Jan 2018
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      Replying to @stephen_yeboah @JonathanSaid1 @cesifoti

      Right but'$100bn market' - big chunk is retailing, then manufacturing (inc branding, blending, cost of other ingredients etc.. ) Value add at processing/grinding not huge - Maybe cocoa producing countries can be competitive in other parts of chain but theres not $100bn in it!pic.twitter.com/GFqX42PeR6

      1 reply 0 retweets 0 likes
    7. Jonathan Said‏ @JonathanSaid1 25 Jan 2018
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      Replying to @MForstater @stephen_yeboah @cesifoti

      This is a good article on this topic. With a focus on fixing binding constraints & the targeting of the growing market in #Africa, there is scope to capture a larger share of the pie. See Cemoi and Olam new chocolate factories in #cotedivoire https://qz.com/981562/ghana-ivory-coast-are-marketing-more-chocolate-to-the-world/ …

      1 reply 0 retweets 2 likes
    8. Jonathan Said‏ @JonathanSaid1 25 Jan 2018
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      Replying to @JonathanSaid1 @MForstater and

      Re product space, while #cocoa doesn't score all that well I think this is partly due to West Africa's dependence on commodity exports & lack of value addition efforts. It can support cost reduction in other agri & light manuf sectors eg cosmetics, soaps, animal feed, beverages

      1 reply 0 retweets 0 likes
      Maya Forstater‏ @MForstater 25 Jan 2018
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      Replying to @JonathanSaid1 @stephen_yeboah @cesifoti

      Thanks interesting article. Yes agree. opportunities. Just, narrative "unacceptable that Africa produces 75% of world’s cocoa, receives only 2% of $100bn annual choc market" (which I've seen a lot) seems wrong way to think about opportunities & barriers to competitive sector

      10:40 AM - 25 Jan 2018
      1 reply 0 retweets 0 likes
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        1. Jonathan Said‏ @JonathanSaid1 25 Jan 2018
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          Replying to @MForstater @stephen_yeboah @cesifoti

          I see your point, tho if it leads African governments to manage the value chain in a way that actually fixes the binding constraints in the sector, inc for businesses investing in local processing, then I'd take it. It's only in this way that it'll find what its real potential is

          1 reply 0 retweets 1 like
        2. Maya Forstater‏ @MForstater 25 Jan 2018
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          Replying to @JonathanSaid1 @stephen_yeboah @cesifoti

          I hope so! The 75%/2%/100bn #s don't say much on mkt for new small choc brands. same #s often linked to better storage & mass trade - potential in both but wonder what realistic #s are? https://www.afdb.org/en/news-and-events/high-hopes-for-cocoa-farmers-in-africa-as-afdb-plans-big-for-producing-countries-17247/ …

          1 reply 0 retweets 1 like
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