this post was submitted on 22 Aug 2023
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Imperialism pop quiz (lemmygrad.ml)
submitted 1 year ago by [email protected] to c/[email protected]
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Let's say that the global coffee industry generates $460 billion in revenue in a year.

  1. How much of it goes to Africa (the whole continent)?
  2. How much of it goes to Starbucks?

answerI found this transcription of a talk between Russian and Ugandan delegations. The Ugandan president, Yoweri Kaguta Museveni, says that:

the global business for coffee is worth $460 billion. [...] But of those $460 billion the coffee producing countries of the whole world share only $25 billion and Africa shares only $2.4 billion out of $460 billion. [...] Germany earns more from coffee than the whole of Africa. Germany earns $6.85 billion from coffee [...]

I am not sure how I can verify these claims. I found the coffee industry stats on Statista but their graphs vs. the text summaries show different numbers:

Whichever numbers are correct the bigger picture remains the same.

Starbucks revenue for the twelve months ending June 30, 2023 was $35.016B, a 9.48% increase year-over-year.

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[–] [email protected] 6 points 1 year ago* (last edited 1 year ago)

I guessed

  1. $1 billion
  2. $459 billion

I checked the answer and I was really close.