top ad
Home Blog Page 11

Indonesia, Nigeria and Ecuador on standby to replace Ghana as world’s second-largest cocoa producer

Ghana’s prolonged production slump and financial strain in its cocoa sector are increasingly raising the prospect that the West African nation could lose its long-held position as the world’s second-largest cocoa producer.

  • Ghana, historically the world’s second-largest cocoa producer, faces declining production and concerns about maintaining its position.
  • Key issues include COCOBOD’s financial challenges and aging plantations, exacerbated by climate change and diseases.
  • Global competition grows as Ecuador, Indonesia, and Nigeria expand cocoa production with improved yields and strategic initiatives.
  • Efforts to address these challenges include governmental reforms and international agreements aiming to stabilize and sustain cocoa farming.

This week, Ghanaian President John Dramani Mahama convened an emergency Cabinet meeting to tackle growing challenges in the cocoa sector, including delayed payments to farmers, liquidity issues at the Ghana Cocoa Board (COCOBOD), and sharply declining harvests.

For decades, Ghana has ranked just behind Côte d’Ivoire, Africa’s top producer, and has held the position of the world’s second-largest cocoa supplier.

The crop supports more than 800,000 farming households and remains a vital source of foreign exchange for the country.

Output has dropped sharply in recent seasons. In June 2025, the Ghana Cocoa Board (COCOBOD), the government agency responsible for regulating the country’s cocoa sector and supporting farmers, signalled that Ghana would likely miss its production target for the 2024/2025 season.

After lowering its forecast from 650,000 tonnes to 617,500 tonnes in December 2024, the regulator said harvests would likely not exceed 600,000 tonnes.

“I don’t think that much will change, looking at the time we have to end the crop season,” COCOBOD Managing Director Randy Abbey said on June 10, 2025, noting that 590,000 tonnes had already been collected with three months remaining.

More recently, addressing a press conference at Cocoa House in Accra on Friday, February 6, 2026, Abbey revealed that although COCOBOD has sold more than 530,000 tonnes of cocoa for the current season, about 50,000 tonnes remain unsold and still with farmers.

He attributed the situation to Ghana’s non-competitive farmgate price, which has made it difficult for buyers to absorb the excess cocoa.

“The situation is where we have beans, but they are not buying; the beans are too expensive,” Abbey said. He assured that efforts are underway to address delayed payments.

Consequently, the projected harvest is well below Ghana’s historical average of 800,000 tonnes and far from the more than 1 million tonnes recorded during the 2020/2021 bumper season.

COCOBOD cited aging plantations, the spread of Cocoa Swollen Shoot Virus Disease, illegal gold mining known locally as galamsey, smuggling, and climate-related weather disruptions as the main factors behind the decline.

Meanwhile, rival producers are steadily expanding, positioning themselves to challenge Ghana’s long-held global ranking.

Ecuador is leading the charge in South America, projected to produce more than 650,000 tonnes in the 2025/2026 season, with expectations of reaching 800,000 tonnes by the end of the decade.

Ecuadorian yields average about 800 kilograms per hectare, compared with less than 500 kilograms per hectare in West Africa, and farmers receive roughly 90% of the world market price, well above the 60–70% earned by farmers in Ghana and Côte d’Ivoire.

Across Southeast Asia, Indonesia, the world’s third-largest cocoa producer, is also on the rise. The country, which primarily cultivates Forastero beans with some Trinitario varieties, recorded 641,741 tonnes in 2023 and dominates the region’s cocoa market.

Exports reached $47 million that year, and global supply forecasts suggest Indonesian output could grow by roughly 30% to around 836,000 tonnes by 2026.

This growth is supported by government programs and private initiatives such as Cocoa Life, which aim to improve fermentation consistency and overall farm yields.

In West Africa, Nigeria, currently ranked fourth globally, has likewise signalled ambitions to increase production.

The country aims to raise output from about 340,000 tonnes to 500,000 tonnes, targeting roughly 6.5% of global supply.

While year-round irrigation and state support could boost production, structural challenges remain. Even so, Nigeria could still emerge as a credible contender to challenge Ghana’s position as the world’s second-largest cocoa producer.

As of February 12, 2026, cocoa futures have corrected from the historic peaks of 2024 but remain elevated, trading around the mid‑$3,700s per tonne, according to global ICE cocoa futures prices.

In response to ongoing volatility, a United Nations Cocoa Conference on February 13, 2026, will inaugurate the new International Cocoa Agreement, aiming to promote sustainability and ensure price stability across the sector.

Ghana’s ability to maintain its second-place ranking will hinge on domestic reforms and how quickly it responds to rising competition from Ecuador, Indonesia, and Nigeria.

Ad article

Ministry of Finance and Trade Engage Cocoa Processors on New Value-Addition Reforms

The Minister for Finance, Hon. Dr. Cassiel Ato Forson and the Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare have met cocoa processors and other key stakeholders in the cocoa sector as part of government’s ongoing engagements with strategic sectors of the economy.

The maiden meeting, held at the Ministry of Trade, Agribusiness and Industry in Accra on Thursday, February 12, 2026, focused on government’s planned reforms in the cocoa sector and the readiness of local processors to expand value addition and domestic processing.

The engagement formed part of consultations aimed at ensuring that Ghana derives greater value from its cocoa resources through increased local processing, job creation and stronger industrial growth.

In her opening remarks, Hon. Ofosu-Adjare said government was committed to moving Ghana beyond the export of raw cocoa beans and ensuring that more of the commodity is processed locally to create jobs and improve incomes across the value chain.

“We are serious about value addition, the creation of jobs, and ensuring that farmers get better value for their wealth,” she stated. “It is our bid to add value to our raw materials and create jobs for the youth.”

She explained that strengthening domestic processing would boost industrial output, expand export earnings and contribute to a more resilient economy.

According to the Trade Minister, government’s planned reforms are expected to improve the performance of the cocoa sector and support broader economic stability, including efforts to strengthen the cedi.

“These reforms will make the economy stronger and also strengthen the cedi,” she said. “That is why we are engaging industry players in the cocoa sector to see how best we can address their challenges and also find out about their preparedness for the new reforms.”

Hon. Ofosu-Adjare described the cocoa sector as a major pillar of Ghana’s economy, noting its long-standing contribution to national development and foreign exchange earnings.

She indicated that government’s reform agenda would be comprehensive and stakeholder-driven, adding that consultations with industry players were essential to ensure that the measures introduced address key challenges while improving efficiency and competitiveness.

“Government is going to roll out a comprehensive reform program for the cocoa sector. The sector has done so well in the Ghanaian economy, and we believe everyone will be happy to embrace the new direction,” she added.

The Minister for Finance, Hon. Dr. Cassiel Ato Forson, also reiterated government’s commitment to supporting policies that promote value addition, industrial growth and economic transformation, particularly within key export sectors such as cocoa.

Participants at the meeting included representatives of cocoa processing companies and other industry stakeholders, who shared perspectives on operational issues, capacity needs and areas where government support would be required to enable local processors to scale up.

The engagement is expected to inform government’s final policy direction as it prepares to implement reforms aimed at modernizing the cocoa sector, deepening local value addition and strengthening Ghana’s industrial base.

Ad article

Clean the entire COCOBOD House – NCFAG told Mahama

The National Cocoa Farmers Association of Ghana has declared that any move to remove the Chief Executive of the Ghana Cocoa Board (COCOBOD), Dr Randy Abbey, must be extended to his deputies and the entire senior executive team.

Yaa Asantewaa, Public Relations Officer of the Association, asserted that the current leadership at COCOBOD has demonstrated a clear lack of competence in managing the sector.

Speaking in response to the announcement that President John Dramani Mahama will convene an emergency Cabinet meeting to address the ongoing cocoa crisis, Madam Asantewaa described the move as “long overdue.”

While she welcomed the meeting, she emphasised that the only acceptable outcome for farmers is the immediate release of all unpaid arrears.

“Our expectation is that what we are owed will be paid. The meeting summoned by the President is long overdue. We have complained for too long, and so we expect that they will pay us.”

She further warned that the Association would “advise itself” should the government fail to settle the debts or attempt to reduce the current price of cocoa.

Addressing the political context, Madam Asantewaa acknowledged that the current administration inherited significant debts from the previous government.

However, she noted that farmers expect the NDC government to honour its campaign promises. “It was one of the reasons we voted against the NPP in 2024,” she stated.

“The NDC promised to do better. They told us the government would give us GH¢7,000 for our cocoa, but we have yet to receive it.”

When questioned about the potential removal of Dr Randy Abbey, Madam Asantewaa expressed indifference toward him personally, focusing instead on what she described as the collective failure of the board’s leadership.

“We had no major concern about his appointment, although we questioned how a media personality and a football administrator would be appointed to manage the cocoa sector. But President Mahama knew why he appointed him. We have no interest in whether he is sacked or retained.”

However, she was quick to add that if the President deems Dr Abbey unfit for the role, the purge must be thorough.

“COCOBOD is always recording losses. Why should that be the case when we have people working there? If it were a private business, would they have managed it in that manner? From our assessment, we think those at the helm of affairs at COCOBOD are incompetent and not Randy Abbey alone. They have created difficulties for cocoa farmers, and if the President is committed to cocoa, he must take immediate action.”

In her concluding remarks, Madam Asantewaa suggested that the recent establishment of the Ghana Gold Board may have distracted the government, leading to a shift in focus and resources away from the cocoa sector.

Ad article

Canada-Africa agribusiness summit set for July 2026 in Saskatoon

The second edition of the Canada-Africa Agribusiness Summit (CAAS) is set to take place on July 15 and 16, 2026, in Saskatoon, Canada, with organisers projecting a significant expansion in scope and participation from across the African continent.

The summit, hosted by Voazok Agritours Canada and co-organised with Eventus Nation and the African Agribusiness Incubators Network, is expected to attract more than 500 agribusiness leaders, entrepreneurs, investors, policymakers and agricultural innovators from Canada and Africa for two days of high-level engagement focused on trade, investment and partnership-building.

Building on the success of the inaugural Canada-Ghana Agribusiness Summit held in Saskatoon in 2025, the 2026 edition broadens participation to include stakeholders from across Africa.

The organisers say the expanded format reflects growing interest in structured, trade-driven collaboration between Canadian and African agribusinesses.

The summit is positioned within the framework of Canada’s Africa Strategy and the African Continental Free Trade Area, with a stated aim of narrowing existing trade gaps by facilitating practical partnerships and commercial linkages.

Canada-Africa merchandise trade stood at US$16.3 billion in 2023, a figure organisers believe can be significantly scaled through targeted agribusiness cooperation.

Held under the theme “Building a Trade-Driven Future for Canada and Africa,” CAAS 2026 is being promoted as a results-oriented platform designed to translate dialogue into concrete business outcomes.

The programme will feature business matchmaking sessions, investment roundtables, export readiness workshops and agri-technology showcases intended to support deal-making and long-term collaboration.

“The summit is about creating real opportunities for agribusinesses on both continents,” said Dr Mary M. Buhr, Chair of the Canada-Africa Agribusiness Summit.

Highlighting Africa’s growing role in global agricultural trade, the Chief Executive Officer and Summit Host of Voazok Agritours Canada, Derrick Owusu-Kodua, said, “Africa is eager for equal partnerships and mutually beneficial trade, and this summit presents a timely opportunity for both Canada and Africa as countries explore trade diversification.”

The Chief Executive Officer (CEO) of Eventus Nation Ghana,  Stephen Gyasi-Kwaw,  described the gathering as a catalyst for practical collaboration, saying, “by bringing together the right people, expertise, and capital, we’re poised to transform Canada-Africa agribusiness collaboration from potential into prosperity.”

Discussions at the summit will focus on key areas across the agricultural value chain, including market access and export development, investment partnerships, agri-technology transfer, climate-smart agriculture, sustainable food systems and value chain integration.

The organisers have also opened a Country Delegation Programme, inviting representatives across Africa to serve as delegation leads. These leads will be tasked with mobilising national and regional participants and positioning their markets within emerging Canada-Africa agribusiness value chains.

CAAS 2026 is open to agribusiness SMEs, cooperatives, exporters, startups, investors, technology providers, development organisations and government agencies with an interest in strengthening agricultural trade between the two regions. Registration is currently open to interested businesses.

Ad article

Pwalugu Tomato Factory reopening: Mahama supplies high-yield seeds to farmers

President John Dramani Mahama has announced steps to reactivate the Pwalugu Tomato Factory as part of the broader development agenda for the Upper East Region.

According to the president, measures are being taken to enable the factory to resume full operations.

He disclosed that farmers within the factory’s catchment areas have been supplied with a new high-yield tomato seed variety with higher flesh content, selected specifically to meet the factory’s processing requirements.

President Mahama said the intervention is expected to boost tomato production, reduce post-harvest losses, create jobs, and support agro-industrial growth in the region. He added that the move will also provide a reliable market for local farmers.

He was addressing members of the Upper East Regional House of Chiefs during a courtesy call at the Presidency in Accra.

Ad article

Concerned Farmers Association accuses police of shielding illegal loggers

The President of the Concerned Farmers Association of Ghana, Nana Bonsu II, accuses police officers of protecting illegal loggers, blaming law enforcement for ongoing deforestation.

He claims that loggers are operating under the protection of law enforcement.

He says these individuals use the names of high-ranking officials to justify the destruction of state-protected lands.

Speaking on Morning Starr with Naa Dedei Tettey, Nana highlighted the ongoing decline in Ghana’s forest cover amid weak enforcement and illegal logging, describing it as part of a longstanding pattern of exploitation.

“It’s like the whole country is a mess,” he said, stressing that deforestation is occurring under the watch of those mandated to prevent it. Despite previous alerts to authorities, including reports submitted in 2016, Nana claims no meaningful action was taken.

He explained that individuals are freely cutting down trees with what he described as sanctioned impunity.

“People have the right to cut down trees, destroy it with that in it, in the name of my name and the name of big man at the top and who said? Police people, District police commanders and other things with that,” Nana said. “We’re men with guns protecting criminals just to destroy state property.”

Linking the issue to broader governance failures, Nana expressed frustration that his earlier warnings were disregarded.

“I gave you my report in 2016 which did not take a serious note on it,” he recalled. “And then there’s another report and if you don’t even take serious note on this, you fail again.”

He stressed that his account is based on direct observation.

“This is no lie. It is real because we are on the field at what is happening.”

He also called for stronger oversight within the Cocoa Board and other institutions, warning that systemic vulnerabilities are being exploited for political gain.

Ad article

Minority lacks moral right to comment on cocoa issues – COCOBOD PRO

The Head of Public Affairs of the Ghana Cocoa Board (COCOBOD) has hit back at the Minority in Parliament over their criticisms of the government for failing to pay arrears on cocoa beans purchased in the 2024/2025 cocoa season.

He said this when speaking on Kasapa FM’s Morning Show, Ghana Kasa, on Tuesday, 10th February, 2026, Jerome Sam said that the minority and the New Patriotic Party (NPP) lack the moral authority to speak on the welfare of cocoa farmers, given their “dismal” track record in sector management.

The minority had, at a press conference, called on the chief executive officer (CEO) to pay cocoa farmers.

​This stance, the minority insists, is very “pretentious.”

​”We are shocked that the minority are pretending to love cocoa farmers now,” he said.

He pointed to gross inefficiencies in past rehabilitation efforts, highlighting that a specific $350 million loan intended to rehabilitate 156,400 hectares of cocoa trees was misused.

​”When they secured a loan of $ 350 million for the rehabilitation of 156,400 hectares of cocoa trees, they only rehabilitated 40,000 hectares…by the time they left power, they had only rehabilitated 40,000 hectares,” Sam stated.

He added that an additional GH¢700 million was taken from COCOBOD to bolster the initiative, yet the targets remained largely unmet, leaving farmers to deal with ageing and diseased trees.

He further revealed that the current administration inherited a staggering financial burden tied to cocoa road contracts.

Sam continued that between 2019 and 2021, the previous administration committed to contracts worth GH¢21.5 billion for cocoa roads, leaving behind a direct debt of GH¢4.7 billion.

​”If COCOBOD had not gone through this [debt struggle],” Sam noted.

He therefore demanded that the minority bow their head in shame, as they had no right to talk about the problems at COCOBOD currently.

Ad article

Cocoa Prices Settle Lower on Abundant Supplies and Slack Demand

Cocoa prices settled lower on Monday as they consolidated above their recent significant lows.  On January 30, NY cocoa dropped to a 2.25-year nearest-futures low, and London cocoa sank to a 2.5-year low, as abundant global supplies and slack demand weigh on cocoa prices.  

On January 29, StoneX forecasted a global cocoa surplus of 287,000 MT in the 2025/26 season and a 267,000 MT surplus for 2026/27.  Also, the International Cocoa Organization (ICCO) reported on January 23 that global cocoa stocks rose 4.2% y/y to 1.1 MMT.

Demand concerns have hammered cocoa prices as consumers continue to balk at the high price of chocolate.  On January 28, Barry Callebaut AG, the world’s largest bulk chocolate maker, reported a -22% decline in sales volume in its cocoa division for the quarter ending November 30, citing “negative market demand and a prioritization of volume toward higher-return segments within cocoa.”

Grinding reports also showed weak demand.  On January 15, the European Cocoa Association reported that Q4 European cocoa grindings fell -8.3% y/y to 304,470 MT, a bigger decline than expectations of -2.9% y/y and the lowest for a Q4 in 12 years.  

On December 16, the Cocoa Association of Asia reported that Q4 Asian cocoa grindings fell -4.8% y/y to 197,022 MT.  Also, the National Confectioners Association reported Q4 North American cocoa grindings rose only +0.3% y/y to 103,117 MT.

Abundant ICE-monitored cocoa inventories are negative for prices.  ICE cocoa inventories soared to a 3.25-month high of 1,812,564 bags on Monday.

Slowing cocoa deliveries to ports in the Ivory Coast is a supportive factor for prices.  Today’s cumulative data showed that Ivory Coast farmers shipped 1.27 MMT of cocoa to ports in the current marketing year (October 1, 2025, through February 8, 2026), down -3.8% from 1.32 MMT in the same period a year ago.  The Ivory Coast is the world’s largest cocoa producer.  

Favorable growing conditions in West Africa are also a negative factor for cocoa prices.  Tropical General Investments Group recently said that favorable growing conditions in West Africa are expected to boost the February-March cocoa harvest in the Ivory Coast and Ghana, as farmers report larger and healthier pods compared with the same period last year.  

Chocolate maker Mondelez recently said that the latest cocoa pod count in West Africa is 7% above the five-year average and “materially higher” than last year’s crop.  Harvest of the Ivory Coast’s main crop has begun, and farmers are optimistic about its quality.

Smaller cocoa supplies from Nigeria, the world’s fifth-largest cocoa producer, are supportive for prices.  Nigeria’s November cocoa exports fell -7% y/y to 35,203 MT.  Nigeria’s Cocoa Association projects that Nigeria’s 2025/26 cocoa production will fall by -11% y/y to 305,000 MT from a projected 344,000 MT for the 2024/25 crop year.  

Cocoa prices have support on a tightening global supply outlook.  On November 28, the International Cocoa Organization (ICCO) cut its global 2024/25 cocoa surplus estimate to 49,000 MT from a previous estimate of 142,000 MT.  It also lowered its global cocoa production estimate for 2024/25 to 4.69 MMT from 4.84 MMT previously.  In addition, Rabobank last Tuesday cut its 2025/26 global cocoa surplus estimate to 250,000 MT from a November forecast of 328,000 MT.

On May 30, the International Cocoa Organization (ICCO) revised its 2023/24 global cocoa deficit to -494,000 MT, the largest deficit in over 60 years.  ICCO said 2023/24 cocoa production fell by -12.9% y/y to 4.368 MMT. 

ICCO on December 19 estimated a 2024/25 global cocoa surplus of 49,000 MT, marking the first surplus in four years.  ICCO also said global cocoa production in 2024/25 rose by +7.4% y/y to 4.69 MMT.

Ad article

Replacing humans with machines is leaving truckloads of food stranded and unusable

Supermarket shelves can look full despite the food systems underneath them being under strain. Fruit may be stacked neatly, chilled meat may be in place. It appears that supply chains are functioning well. But appearances can be deceiving.

Today, food moves through supply chains because it is recognised by databases, platforms and automated approval systems. If a digital system cannot confirm a shipment, the food cannot be released, insured, sold, or legally distributed. In practical terms, food that cannot be “seen” digitally becomes unusable.

This affects the resilience of the UK food system , and is increasingly identified as a critical vulnerability.

Look at the consequences, for example, when recent cyberattacks on grocery and food distribution networks disrupted operations at multiple major US grocery chains. This took online ordering and other digital systems down and delayed deliveries even though physical stocks were available.

Part of the problem here is that key decisions are made by automated or opaque systems that cannot be easily explained or challenged. Manual backups are also being removed in the name of efficiency.

This digital shift is happening around the world, in supermarkets and in farming, and has delivered efficiency gains, but it has also intensified structural pressures across logistics and transport, particularly in supply chains which are set up to deliver at the last minute.

Using AI

AI and data-driven systems now shape decisions across agriculture and food delivery. They are used to forecast demand, optimise planting, prioritise shipments, and manage inventories. Official reviews of the use of AI across production, processing, and distribution show that these tools are now embedded across most stages of the UK food system. But there are risks.

When decisions about food allocation cannot be explained or reviewed, authority shifts away from human judgment and into software rules. Put simply, businesses are choosing automation over humans to save time and cut costs. As a result, decisions about food movement and access are increasingly made by systems that people cannot easily question or override.

This has already started to happen. During the 2021 ransomware attack on JBS Foods, meat processing facilities halted operations despite animals, staff, and infrastructure being present. Although some Australian farmers were able to override the systems, there were widespread problems. More recently, disruptions affecting large distributors have shown how system failures can interrupt deliveries to shops even if goods are available.

Getting rid of humans

A significant issue is fewer people managing these issues, and staff training. Manual procedures are classified as costly and gradually abandoned. Staff are no longer trained for overrides they are never expected to perform. When failure occurs, the skills required to intervene may no longer exist.

This vulnerability is compounded by persistent workforce and skills shortages, which affect transport, warehousing and public health inspection. Even when digital systems recover, the human ability to restart flows may be limited.

The risk is not only that systems fail, but that when they do, disruption spreads quickly. This can be understood as a stress test rather than a prediction. Authorisation systems may freeze. Trucks are loaded, but release codes fail. Drivers wait. Food is present, but movement is not approved.

Based on previous incidents within days digital records and physical reality can begin to diverge. Inventory systems no longer match what is on shelves. After about 72 hours, manual intervention is required. Yet paper procedures have often been removed, and staff are not trained to use them.

These patterns are consistent with evidence from UK food system vulnerability analyses, which emphasise that resilience failures are often organisational rather than agricultural.

Food security is often framed as a question of supply. But there is also a question of authorisation. If a digital manifest is corrupted, shipments may not be released.

This matters in a country like the UK that relies heavily on imports and complex logistics. Resilience depends not only on trade flows, but on the governance of data and decision-making in food systems, research on food security suggests.

Who is in control?

AI can strengthen food security. Precision agriculture (using data to make decisions about when to plant or water, for instance) and early-warning systems have helped reduce losses and improve yields. The issue is not whether AI is used, but who is watching it, and who manages it.

Food systems need humans to be in the loop, with trained staff and regular drills on how to override systems if they go wrong. Algorithms used in food allocation and logistics must be transparent enough to be audited. Commercial secrecy cannot outweigh public safety. Communities and farmers must retain control over their data and knowledge.

This is not a risk for the future. It already explains why warehouses full of food can become inaccessible or ignored.

The question is not whether digital systems will fail, but whether we will build a system that can survive its failure.

Ad article

MoFA secured 90 million Dollars Danish investment in Shea processing factory

The Ministry of Food and Agriculture (MoFA) has signed a strategic Memorandum of Understanding (MoU) with AAK Ghana Limited to facilitate and improve value addition, competitiveness, and sustainable growth within Ghana’s shea industry.

The agreement was signed at the Ministry of Food and Agriculture in Accra by the Hon. Eric Opoku, Minister for Food and Agriculture, and Mr. Lasse Skaksen, Vice President and Head of AAK West Africa.

The partnership formalizes a $90 million investment focused on transitioning the shea sector from a raw commodity-based industry into a high-value industrial pillar.

Central to this initiative is the establishment of a world-class shea processing factory in Ghana, leveraging advanced technology to increase local value addition and create over a 100 direct jobs.

Under the terms of the MoU, AAK outlined four critical priorities:-

Sourcing Expansion: The expansion of the Kolo Nafaso direct sourcing programme to support over 300,000 women shea collectors in northern Ghana through financing and guaranteed markets.

Skills Development: The establishment of the AAK Ghana Innovation Academy to strengthen SME viability and enhance youth employability within the plant-based oils and fats sector.

Industrial Infrastructure: Significant investment in logistics, warehousing, and supply chain infrastructure to boost export competitiveness.

Environmental Sustainability: A commitment to shea reforestation and parkland preservation in partnership with the Tree Crops Development Authority (TCDA).

The signing was witnessed by H.E. Jakob Linulf, Ambassador of Denmark to Ghana, highlighting the strategic importance of the partnership to Ghana’s industrial development agenda.

The Ministry of Food and Agriculture noted that this collaboration aligns with the Agriculture for Economic Transformation Agenda (AETA) and the Feed the Industry sub-programme.”Ghana has the potential to become a global reference point for value-added shea processing,” said Mr. Lasse Skaksen during the meeting.

“This partnership reflects our confidence in Ghana’s shea sector and our commitment to investing in local capacity and inclusive economic growth.”

The event was attended by senior government officials, including Hon. John Dumelo, Deputy Minister for Food and Agriculture; Mr. Paul Siameh, Chief Director of MoFA; and Dr. Andy Osei Okrah, Chief Executive Officer of the Tree Crops Development Authority.

Ad article
1...101112...192Page 11 of 192
agrictoday.com
Agric Today is a news agency that publishes on Agric and provides vivid update of news and analysis on topical issues of national and international importance in Agriculture. The agency also analyses sectoral issues involving news on Agri business, Crops, Animals etc
Facebook Instagram Twitter WhatsApp

POPULAR POSTS

POPULAR CATEGORY

© 2023 Agrictoday.com.gh