18.02.2011 - Cocoa returns exceeds gold-IEA
From Accra-mail.com: Cocoa yielded more returns for the country than gold as the commodity accrued a return of $16 for every $1 spent from 1990 to 2009. Findings by policy and economic think tank, the Institute of Economic Affairs (IEA) revealed that cocoa was the largest foreign exchange earner, compared to gold which yielded a return of $2 for every $1 spent. The IEA urged policy makers to provide support to cocoa farmers. According to the research conducted between 1994 and 2006, a yearly average of 73 percent of all Foreign Direct Investment (FDI) went to minerals, but the mining sector was so capital intensive that its impact on the economy was negligible..............................................Full Article: Source
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