Why are Cocoa Prices Raising? The effects of too much money to a common Ugandan in Bundibugyo.

Bundibugyo is Uganda's biggest cocoa producer accounting for over 70% of all the cocoa exports. In Uganda, Cocoa is also produced in the districts of Mukono, Hoima, Masindi, Jinja, Kayunga, Buikwe and recently Kasese and Ntoroko. Uganda earns close to $150M annually from cocoa exports alone and Bundibugyo contributes close to $100M to this revenue. Ivory coast is leading producer of cocoa in the world, accounting for 40% of all the cocoa in the world market followed by Ghana which produces 15%. In this video, we delve into the recent increase in cocoa prices and it's effects on an average Ugandan especially in Bundibugyo district, a district that has overcome the disasters of Landslides, floods, ADF rebels, poverty, femine and recently COVID -19. Please, subscribe to this channel so that you can give us an opportunity to do even more and better videos. Like the video if it indeed teaches you something and share with your circle and also share your views in the comments section.