Good practices: Cotton made in Africa, world cocoa foundation, sustainable energy Africa

Cotton made in Africa works on the principles of a social business. That means the initiative operates in accordance with sound business methods, except that it does not aim to maximize the profits of individuals, but rather to improve the conditions of life of a large number of African cotton farmers. In order to do that, it is building an alliance of international retail companies that has targeted demand in the global market for sustainably produced cotton and that uses this material in its products. Cotton made in Africa acts in accordance with the rules of the market, avoiding subsidies or interventions in the system of world market prices, which are dependent on supply and demand, as are the prices of practically all raw materials.

Related Subject(s): Economic and Social Development