Millions of Africa’s coffee farmers have slipped into abject poverty caused by poor prices which are currently barely enough to cover production costs while the rest of the coffee supply chain players enjoy rising profits.
The African farmer produces some fine quality coffee, but receives the lowest prices of all growers, globally.
African coffee farmers are losing $1.47 billion every year from exploitative pricing of their crops.
Due to unfair trade terms, Ethiopian and Ugandan coffee farmers are estimated to lose 713.1 million USD and 229.7 million USD respectively in one year alone.
The only feasible solution is the establishment of a quota-based, International Coffee Agreement, that sets export quotas and helps steer the prices.