Nigeria, Ghana, Côte d’Ivoire, and Cameroon have signed the Abuja Declaration, forming an alliance that aims to end the exports of raw cocoa beans.
Under the pact, the nations are aiming to negotiate with international cocoa buyers as a single bloc controlling about 75 percent of global production.
The four countries signed the declaration on Tuesday at the 2026 cocoa value addition summit in Abuja.
At the event, governments, financiers and industry players unveiled plans to shift Africa from exporting raw cocoa beans to processing and branding finished products.
President Bola Tinubu, represented by Abubakar Kyari, the minister of agriculture and food security, said Nigeria would end the practice of exporting raw cocoa while importing finished chocolate products.
“Nigeria will no longer export raw beans while importing finished value,” the president said.
“We will grind our beans at home, we will press our
