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Empowering the Future: Youth Involvement in Agribusiness for Economic Prosperity in Rural Communities in Ghana is key.

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In Ghana’s economic fabric, agribusiness is a key player fostering sustainable development, especially in rural areas. As the nation looks to the future, recognizing the youth’s pivotal role in driving economic prosperity through active engagement in agribusiness becomes essential. This article explores the current state of youth involvement, its potential impact, and government initiatives in rural Ghana.

The Current Landscape

Ghana’s agricultural sector is a backbone of the economy, supporting rural populations. However, the youth in rural areas face challenges embracing agribusiness due to limited access to financing, inadequate training, and a perception of agriculture as a low-prestige occupation. The gap between the aging farming population and the youth’s inclination toward urbanization widens, raising concerns about the sector’s sustainability in meeting Ghana’s growing population’s demands.

The Potential Impact

Recognizing the untapped potential of youth in rural communities is crucial. Shifting the narrative around agribusiness to showcase its potential for innovation and profitability is necessary. Increased youth participation not only revitalizes the sector but also contributes significantly to the economic growth of rural areas. Kofi Annan’s insight, “Knowledge is power. Information is liberating. Education is the premise of progress,” underscores the importance of empowering the youth in agribusiness to address evolving challenges.

SUCCESS STORIES

A. The Story of Abena Owusu: From Urbanite to Agripreneur

Abena Owusu’s journey from urban lifestyle to a thriving agripreneur exemplifies successful youth engagement in rural Ghana. Recognizing untapped potential, she established an organic vegetable farm, emphasizing that agribusiness is about innovation and positive community impact. Abena’s success, measured not just financially but by her positive influence, showcases the transformative power of youth-led initiatives.

B. Tech Innovations: Youth Driving Agricultural Modernization

In the digital era, Ghana’s rural youth leverage technology to revolutionize agribusiness. Mobile apps providing real-time market information, e-commerce platforms, and drone technology are examples. These innovations improve efficiency, productivity, and make agriculture more appealing to the younger generation, bridging the gap between traditional practices and modern technology.

GOVERNMENT INITIATIVES and POLICIES

A. The National Youth in Agriculture Program

The Ghanaian government acknowledges the importance of youth in agribusiness, implementing initiatives like the National Youth in Agriculture Program. This program provides training, access to credit, and mentorship to young individuals interested in rural agribusiness. Dr. Owusu Afriyie Akoto emphasizes that investing in the youth is an investment in the nation’s future. Continuous evaluation and adaptation are vital for program effectiveness.

B. Policy Advocacy for Youth-Inclusive Agribusiness

Besides programs, the government works on creating an enabling policy environment for youth participation in agribusiness. Advocacy for policies promoting access to land, reducing bureaucratic hurdles, and ensuring fair market practices for youth entrepreneurs in rural communities is crucial. Collaboration between government agencies, NGOs, and the private sector is essential for sustained success.

OPPORTUNITIES FOR THE YOUTH

A. Identifying Niche Markets and Value Addition

Youth entering agribusiness can identify niche markets and opportunities for value addition. Exploring organic produce, exotic crops, or specialty products tailored to health-conscious consumers provides a competitive edge. Beyond primary production, opportunities for value addition, such as processing and packaging, enhance marketability.

B. Access to Finance and Collaborative Partnerships

Limited access to finance is a significant challenge for youth in agribusiness. Financial literacy programs covering budgeting, financial planning, and risk management are vital for responsible fund use. Collaborations between youth-led agribusinesses and established players in the industry facilitate knowledge transfer and mentorshisp

CONCLUSION

In the following sections, we will explore strategies to overcome challenges faced by youth in agribusiness, discuss the future outlook of youth involvement in the sector, and conclude with a call to action for all stakeholders shaping the future of Ghana’s agricultural landscape. The focus remains on empowering the youth, bridging gaps, and fostering sustainable practices for a resilient and dynamic agribusiness sector in rural Ghana.

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Government commends farmers on increase of certified seeds from 10% to 40%.

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The Deputy Minister for Agriculture, Hardi Tufeiru, has indicated that certified seed use by farmers in the country has seen a significant increase following the introduction of the Planting for Food and Jobs programme.

He said about 40 percent of farmers now use improved seeds for farming.

The Deputy Minister, who said this at the 4th National Seed Business and Networking Forum Seed Link 2023 in Tamale, said while this represents significant progress, there is a need for more farmers to adopt the practice.

“From 2017 to 2022, we have seen a surge in the use and application of certified seed by farmers. We have seen that farmers have been advised and encouraged to use certified hybrid, open varieties of the certified seed in Ghana from less than 10 percent to now 40 percent. So you can see that a lot more farmers now see that if you use hybrid seed, your chances of productivity is higher than the traditional reuse seeds,” he said.

Mr Tuferu said Ghana in 2020 produced over 17,000 metric tons of certified seeds, adding that even though this success was achieved, government had to import maize seeds for planting because of the non-availability of maize seeds.

He therefore urged the seed producers to take advantage of the market and produce to meet the demand.

The President of the National Seed Trade Association of Ghana (NASTAG), Dr Amos Rutherford Azinu said the past few years have been nothing short of exceptional within Ghana’s seed sector.

He said the country has witnessed an upsurge in the demand for certified high-quality seeds. Dr Azinu said farmers are in search of high-yield, resilient, pest-resistant seeds to enhance crop productivity.

”The private sector has joined this endeavor, significantly boosting farmers’ access to quality seed.”

He stated that they have made notable strides in combating climate change by introducing different varieties of weather-resistant crops.

A seed producer and lecturer at the University for Development Studies, Dr Sanatu Mustaha Alidu outlined land acquisition, land preparation, equipment among others as challenges faced by female seed producers.

”It starts right from the acquisition of land, you would have to get a male in that same field to help you acquire the land. It is a well-known fact that if a woman gets to a community to meet the chief of that community to look for land, she must get a male to accompany her,” she said.

Dr Sanatu called for the roping in of more women in the sector to help increase the voices of women and also empower women.

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37 youth benefit from ECOWAS Agricultural youth employability programme

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As part of efforts to curb unemployment in the country, thirty seven youth from across the country are benefiting from the ECOWAS youth training on sustainable yam production for lowlands and uplands at the Crops Research Institute of the Council for Scientific and Industrial Research (CSIR-CRI.

The training seeks to foster entrepreneurial skills among the youth.

“The essence of the training is that we want them to go back as yam farmers, produce yam and then expand their farm in a way that they can employ other people.

“Unemployment is a big issue in Ghana and all over the world and especially in Africa.

“The agricultural sector employs over fifty percent of the population and once we are able to improve Agriculture and bring the young ones in it is going to bring a huge effect on our economy in terms of the money staying with Ghanaians. We are here to train them to get skills to employ themselves,” Deputy Director of CSIR-CRI, Dr Maxwell Asante explained.

The coordinator of the programme, Prof. Emmanuel Otoo mentioned that the training will equip them with knowledge on yam processing methods.

“Basically, we are looking at yam production and yam production as a business. Our land is fertile for yam production. We produce a number of tonnes of yam after Nigeria, we export them as well. It is indeed a profitable business and we can do so much with yam. Apart from boiling, we can process them into ice-cream as well,” he said.

A facilitator, Dr. Jonas Osei-Adu, a senior research scientist at the Crops Research Institute said the workshop, “will look at technologies that will help us to mitigate the effect of climate change. We mostly loose output when there is climate change so we will look at some technologies that will help produce yam and feed the world.

If there is drought, what varieties can we plant? What agronomic can you adopt? How can we use weather data to plan our farming activities to get the best out of our farms.”

The training is funded by ECOWAS and implemented by the Crops Research Institute.

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Cedi’s outlook hinges on cocoa syndication loan, IMF inflows – Report.

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The outlook of the Ghana cedi now hinges on the timing of the anticipated foreign exchange inflows from the cocoa syndication loan and the second tranche of the International Monetary Fund.

According to GCB Capital, this is crucial to the stability of the cedi for the rest of the year.

For the remainder of quarter 4, 2023, many analysts and market watchers believe the inflows of the cocoa syndication loan and the second tranche of the International Monetary Fund bailout package will influence the performance of the cedi.

Ghana Cocoa Board (COCOBOD) is yet to close the 2023/24 annual cocoa loan syndication of $800 million. The country is also awaiting a $600 million inflow from the IMF and other disbursements from the World Bank.

GCB Capital said, “We believe the delayed closure, possibly due to unfavourable pricing, partly underscores the thinning foreign exchange liquidity conditions on the market”.

Others believe that the cedi’s performance for the rest of 2023 is based on foreign inflows that come in around this time of the year.

The cedi last week remained broadly stable against the US dollar, moving within a predictable range on both the interbank and retail market segments.

This was after rating agency, Fitch Ratings, upgraded Ghana’s rating to ‘CCC’ from restrictive default.

The local unit remained fairly stable (-0.08%) week-on-week vs the US dollar in the retail market, starting the week’s trades at a mid-rate of 12.00/$ to close at 12.01/$.

Although the Bank of Ghana provided some foreign exchange support, the unit weakened 0.34% week-on-week against the pound but remained unchanged against the euro on the retail market.

Likewise, the local currency depreciated by 0.33% against the dollar, 1.68% against the pound, and 2.18% against the euro in the interbank market on a week-on-week basis

Meanwhile, the cedi has lost about 11.7% against the dollar in the retail market since January 1, 2023 and about 22% on the interbank market.

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Africa’s food and agriculture market is expected to reach $1 trillion by 2030, says AfDB

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  • Africa Development Bank (AfDB) has announced the launch of the Special Agro-Industrial Processing Zones Alliance (SAPZ).
  • The project aims to mobilise at least $2 billion in financing and investment commitments from its members over the next five years.
  • President of the African Development Bank, Femi Adesina, says the project is a significant step towards making Africa a player in the global food and agricultural value chains.

The Africa Development Bank (AfDB) has announced the launch of the Special Agro-Industrial Processing Zones Alliance (SAPZ), a groundbreaking project aimed at mobilizing at least $2 billion in financing and investment commitments from its members and partners over the next five years.

The Special Agro-Industrial Processing Zones Alliance was launched at the ongoing Africa Investment Forum by a group of founding partners, including Afreximbank, Arise Integrated Industrial Platforms, the United Nations Industrial Development Organization (UNIDO), and the Islamic Development Bank (ISDB).

This ambitious project, according to the President of the African Development Bank, Dr Akinwunmi Adesina, is a significant step towards making Africa a player in the global food and agricultural value chains.

“The size of Africa’s food and agriculture market is expected to reach $1 trillion by 2030, with the new millionaires and billionaires coming from the food and agriculture industry rather than the oil and gas sector. It’s time for Africa to fill airplanes and ships with processed and value-added foods and agricultural commodities for trade around the world,” Dr. Adesina stated.

The Minister of State for Treasury, Republic of Rwanda, Richard Tusabe, who was also present at the launch of the initiative, believes that the SAPZ will give Africa a chance to produce the food it needs at scale while also producing high-quality goods.

“The SAPZ will play a critical role in achieving this goal by producing quality food at scale, not only to feed the African population but also to export around the world,” he said.

The Africa Investment Forum, themed “Unlocking Africa’s value chains“, brings together over 1,500 participants from more than 80 countries, offering a unique opportunity to delve into the world of pan-African dealmaking.

The forum focuses on digital disruptors and transformation technology, providing a platform for insightful discussions about the diverse opportunities and challenges faced by the African economy.

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Agribusiness entrepreneurs expanding into US market.

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Amid ongoing discussions about the future of the African Growth and Opportunity Act (AGOA) – which allows qualifying African countries to export certain products duty-free to the US – several food and agriculture companies with operations in Nigeria are already tapping into the massive American market.

Lanre Awojoodu, CEO of Sourcing and Produce, initially focused on exporting cocoa from Nigeria to Europe before expanding to commodities like cashew nuts and ginger. In 2021, the company introduced its own brand, So Pure, and opened a storefront on Amazon. Aimed at the Nigerian diaspora in the US, So Pure offers products such as the ancient grain fonio, fufu flour (made from starchy vegetables like cassava and yam), ofada rice (an unpolished, parboiled rice native to Nigeria), pepper soup spice, blended crayfish, and suya mix (a robust blend of West African spices).

These processed goods are sourced and packaged in Nigeria and then shipped to the US, where Sourcing and Produce has also established an office in Wyoming.

Another Nigerian entrepreneur tapping the American market is Shalom Bako Dangombe. When he was 14 years old, his father relocated their family of five from Bauchi state in northern Nigeria to Orange County, California. There, Bako finished high school and attended college, and at one point it looked like he would commit to a future as a professional soccer player. He played first at his college, where he earned a communications degree, and later the Los Angeles Galaxy.

Yet now, in his mid-thirties, Bako spends his days engaging with smallholder farmers in northern Nigeria, persuading them to grow hibiscus flowers for Afrivana, the company he established in 2019. Afrivana specialises in marketing and distributing African superfoods, particularly dried hibiscus flowers. The company sells its products in bulk or under private label to clients in the US, UK, and beyond.

When he noticed hibiscus tea on American shelves, it brought back childhood memories of selling the beverage to classmates after school. Known as zobo in northern Nigeria, the drink is popular among Mexican and Caribbean communities in the US. Bako recognised a ready market for the flower, which was used to fence crops in his home village.

However, his early attempts to engage American buyers were met with reluctance. To many companies, the prospect of doing business with a Nigerian entity seemed fraught with risk. “We overcame those hurdles by importing larger volumes and storing them in the US. Then we distributed from these warehouses,” explains Bako. This tactic proved successful as clients were more comfortable with the product being readily available in their vicinity and promptly delivered.

Shine Bridge Global, a US-based food science and agribusiness company, was established in 2018 by Dr Tony Bello, a native of Nigeria. The company specialises in creating products from cassava sourced in Nigeria.

In recent years, Shine Bridge Global has been focusing on converting high-quality cassava flour into instant tapioca flakes. Tapioca is derived from the cassava root and the resulting flakes, according to Bello, have similar applications to potato flakes. Potato flakes are utilised as a food ingredient in the production of various commercially available items, such as pasta and snacks, and also serve as a thickener in gravies and desserts. The company is also in the process of developing a few other cassava-derived food products such as crackers, pizza crusts, ready-mix fufu, fried snacks and flatbreads – all using its tapioca flakes.

Shine Bridge Global has set its sights on launching both the tapioca flakes and the end-consumer packaged goods in the US and UK for a trial phase. Following this, it plans to gradually scale up production, selling to consumer packaged goods companies and marketers.

Affiong Williams, CEO of ReelFruit – a producer of dried fruit snacks based in Nigeria – views the substantial Nigerian diaspora in America as an opportunity for businesses like hers to gain a foothold in the US market. “There is no better market, or no lower hanging fruit, than your people in another country,” she says. “I see a growing opportunity for products such as mine and other food products that are becoming more global in their standards, to sell to the Nigerian market in the US.”

An estimated 5 million Nigerians live overseas, with a notable portion residing in the US. While the Nigerian diaspora in the US might feel a connection to their homeland, it doesn’t guarantee they’ll choose a ReelFruit packet out of nostalgia. Williams acknowledges that for her product to be successful, it must also resonate with a broader American consumer base, not just those with Nigerian heritage. “Many foods exported from Nigeria to the US are for Nigerians in the diaspora, however, if people could produce food and snacks with wider appeal it could be a big opportunity,” she notes.

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Ignitia introduces climate intelligence solutions for sustainable farming and climate adaptation in Ghana.

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Ignitia, a tropical weather forecasting company has over the years been supporting tropical farmers across the globe with climate intelligence solutions.

Their aim is to help address the problem of low accuracy weather forecasts in the tropical regions with its atmospheric physics-based numerical predictions, the company delivers hyper-local forecasts that are twice as accurate as global models.

They provide crop specific climate-smart advisory, co-designed with food system stakeholders and delivered via SMS, WhatsApp, smartphone apps, web and APIs sent across a range of different time scales, ranging from 48h rainfall forecast to monthly and seasonal predictions without requiring expensive, hard to maintain weather stations.

Climate

During a visit to a maize demonstration field at Obawale and Sodjonu in the Yilo Krobo District of the Eastern Region, Kwabena Frimpong, the Regional Director for Africa, ignitia, elaborated that their collaboration with small-scale farmers in Ghana and West Africa dates back to 2015.

According to him, the primary goal has been to furnish these farmers with dependable SMS forecasts, thereby mitigating risks and minimizing losses in their various communities.

“We are based in Ghana, but have expanded into Burkina Faso, Ivory Coast, Mali, Togo, Nigeria, among others, because our weather model is dependent on satellite data, our ability to expand is not hindered by the high costs of creating on-ground infrastructure; this means that expansion to new tropical areas is easier.

“Climate change poses a significant threat to food security and the livelihoods of smallholder farmers in tropical regions with weather performance worse than tossing a coin and more than 96% of cultivated land is rain-fed.

“This is why I am excited that we have been able to establish two different demonstration farms in the Eastern Region of Ghana where our SMS services are being tested to confirm with farmers if really our technology is the world’s first and most accurate tropical weather forecasting company with over 84% reliability” he said.

Municipal Agric Officer in charge of extension with the Department of Agriculture, Dr. Francis Nii Clottey Odonkor mentioned that the demonstration farms are encouraging farmers to embrace this great innovation introduced by ignitia.

“This tool enables us to give more frequent and district-level predictions of rainfall, dryness, and drought which helps us to provide advanced warning of rains or dry days to our farmers in the various communities.

“Their service has been tailored for the primary sector and they have collaborated with farmers and growers over the last two years to ensure it provides useful information.

“It’s helping farmers and growers to prepare in advance ahead of planting or spraying pesticides on their crops.

“All this while we were looking for a more accurate medium-term forecast, that will enable us to make reactive decisions all the time.

“Having as much information as we can around an uncontrollable thing, which is the weather, is really helpful in the farming business” he said.

Services

Business Advisor with ignitia Ghana, Miranda Osei Agyemang explained how ignitia’s services are helping farmers in these critical times.

“ignitia offers farmers an affordable SMS service which is just costing the farmer 20 Ghana Pesewas a day.

“One of the significant advantages of our SMS weather alert system is the provision of real-time weather updates; instead of relying on outdated forecasts, our users receive up-to-date information directly on their mobile device and they do not need internet connectivity or smart phones, which makes them accessible to a wider audience even in the rural communities.

“This enables them to stay informed about rapidly changing weather conditions and adjust their plans accordingly.

“ignitia empowers farmers to sustainably grow and improve yield, income, and family livelihoods by enabling better decision making for their farming activities, while promoting regenerative agriculture” she added.

Agric Extension Agent with the Ministry of Food and Agriculture, stationed at Abrewankor and Nkurakan Operational Area, Ernest Amanor – Larbi explained that farmers in these communities received training on how to use the SMS Services.

“Our farmers have learnt how to make decisions based on the information received and understand the uncertainties.

“ignitia’s SMS weather alert service has come to play a vital role in enhancing safety and preparedness at our community level.

“We are now receiving timely weather alerts, individuals can take necessary precautions and make informed decisions to protect themselves and their farms.

“Traditional methods of weather alerts, such as radio or television broadcasts, may not always reach us in a timely manner and that is why I am excited about ignitia’s SMS weather alert service for my farmers” he added.

Appreciation

The over 60 farmers who joined in the field visit to have a look at the demonstration farm were grateful to ignitia Ghana for introducing this new SMS weather alert service to them and their Agriculture extension officers in the Yilo Krobo District.

“We are excited that this SMS weather alert service delivers real-time weather updates and emergency notifications directly to our mobile phones via text messages, which is very easy for us farmers to read and understand based on your location and preferences.

“We have learnt in our training that users can select the types of alerts they wish to receive, such as severe weather warnings, temperature fluctuations, or air quality alerts.

“This customization ensures that individuals receive alerts relevant to their specific location and interests” said 2022 Best farmer for Yilo Krobo, John Kwame Mautsuemi and Regina Nartey Atta a Maize farmer in the Obawale community.

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Ghana and Cote d’Ivoire repudiate the latest breach of the industry’s commitment to the fight against poverty and the right of cocoa farmers to a decent income.

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The African Platform for Sustainable Cocoa, which brings together civil society cocoa platforms from Cote d’Ivoire and Ghana, has learned from the press of discussions between the main cocoa producing countries (Cote d’ivoire and Ghana) and the main buyers of cocoa futures. According to public reports, the industry is refusing to pay contracts at the current market price plus the Living Income Differential (LID), despite promising to do so.

The Ivorian Platform for Sustainable Cocoa (PICD) and the Ghana Cocoa Civil Society Platform (GCCP], grouped together within the African Platform for Sustainable Cocoa, denounce this latest breach of the industry’s commitment to the fight against poverty and the right of farmers to a decent income.

In Cote d’Ivoire and Ghana, the market situation had raised hopes of a higher price at last for producers, after years of low prices. But the farm gate price of cocoa for the 2023 2024 season announced in the two countries did not reflect the price rise on the world market: 1,000 FCFA in Cote d’Ivoire and 1,308.99 Cedi in Ghana, prices appreciated in different ways but not much higher than last season, when the world price of cocoa was lower. What’s more, these farm gate prices are still well below what is needed to enable farmers to earn a decent income, a commitment that all stakeholders must make.

As the PICD pointed out in its communication No. 3 published on 7 October 2023, this situation is also due to the cocoa market, which operates in such a way that all the risks fall on the shoulders of producers, who are already very badly off in terms of sharing the profits generated by the sector.

The statement in the media by a company representative that it will not be able to buy cocoa at the moment because “it creates too much risk for us if the market turns and prices fall”, illustrates precisely this situation where the large multinationals have the power to pass on all the risks of price variations to the producers, who are people living in extreme poverty.

We say: this is not acceptable. Because the farm gate price for the 2024 2025 marketing year is at stake right now. There is no point in having high prices in 5 6 months if all the contracts are sold at a low price today. The farm gate price for next season will be set on the basis of the contracts sold.

We call on the industry to buy cocoa now, and put an end to this practice of forcing prices down, which goes totally against their commitments to sustainability and the fight against extreme poverty among producers.

We are calling on the governments of consumer countries, particularly the European Union, to address this situation, which is likely to jeopardise all the efforts made to create a climate conducive to the sustainability of cocoa, which necessarily involves better remuneration for producers. The European Union must impose regulatory obligations on companies to force them to pay producers a price that is high enough to provide an adequate standard of living.

We would like to draw the attention of the authorities of Cote d’Ivoire and Ghana to the fact that it is absolutely necessary to open discussions on the management of the stabilisation fund financed by the Living Income Differential.

So that all opinions can be called to witness the unfair behaviour of the industry at a time when organisational efforts are underway for a systemic and sustainable improvement in the living conditions of cocoa producers. We say that it is at the price of this transparency that we can collectively be in a position to fundamentally change the situation.

About the African Platform for Sustainable Cocoa (APSC)

The African Platform for Sustainable Cocoa was created in July 2022 in Grand Bassam. It currently comprises the Ivorian Platform for Sustainable Cocoa (PICD) and the Ghana Cocoa Civil Society Platform (GCCP}.

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CAG in collaboration with AHK Ghana and Fairtrade Messe are to host Africa Agribusiness Excellence and Leadership Awards in Ghana.

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The Africa Agribusiness Excellence and Leadership Awards 2023
to be held alongside agrofood & plastprintpack Ghana 2023 promises to be another one of the biggest Agribusiness events on the continent as we welcome international participation.

The Chamber of Agribusiness Ghana CAG and partners organises the Africa Agribusiness Excellence and Leadership Awards alongside the 6th edition of Ghana’s most important sectoral trade show agrofood & plastprintpack Ghana 2023.

This year’s Leadership Awards will be held on 22 November 2023 at the Accra International Conference Center – Grand Arena. It is organised in collaboration with AHK Ghana – Delegation of German Industry and Commerce in Ghana, and supported by fairtrade Messe, the organisers of agrofood & plastprintpack Ghana 2023 exhibition & conference.

The Africa Agribusiness Excellence and Leadership Awards is a prestigious awards programme that seeks to recognise and reward excellence and leadership across the agribusiness value chain I, food systems and Agro Industry Ecosystem in Africa . The Awards showcase and recognise individuals, agribusinesses and institutions that play significant roles in the growth and development of the agribusiness sector, while recognising the key functions within the areas that promote growth and sustainability.

The Awards scheme equally brings together players in Africa’s Agro Food Systems and the Agribusiness industry, Policy makers, and Financial Institutions, Agtech Industry and Development Partners to recognise achievements from local and international companies involved in promoting the development of the agribusiness sector in Africa.

The benchmarks for company performance would be based on some key performance indicators (KPIs) to derive the criteria of excellence. Key among the criteria is innovation, customer service, corporate social responsibility and competitive products/services. Agribusinesses, who are weighted above the scores, will be entered into the final list. The Awards have a range of categories suited for any successful agribusiness organisation to tell their story; from large private and public agribusiness companies through to thriving entrepreneurial agribusinesses, promising agribusiness start-ups and established Agri-SMEs.

The categories of the awards are:

Agribusiness industry
Agribusiness company of the year
Promising Agribusiness of company of the year
Promising Agripreneur of the Year
Agribusiness Social Entrepreneur of the Year
CSR Agribusiness company of the Year
Agribusiness Customer Service company of the Year
Agribusiness Brand of the Year
Agribusiness Local Content Award
Livestock Company of the year
Aquaculture Company of the year
Agribusiness Export Company of the year
CropLife Company of the year
Fruit Value chain Company of the year
Vegetable Value chain Company of the year
Agribusiness Product of the Year
Agribusiness Leadership Personality of the year
and more agribusiness industry specific awards.

Africa Agribusiness Excellence and Leadership Awards 2023

Africa’s Agro Industry and Food Systems Most Recognized and Prestigious Awards Event.

FOR PARTNERSHIP, COLLABORATION AND SPONSORSHIPS

+233500600722

+233540742111

Info@agribusinesschamber.org

www.agribusinesschamber.org

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5 Things That Will Make Your Farming Business Successful

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Successful farming and agribusiness operations require more than just financial resources. You must be aware of your current situation and plan for the future.

Successful farming and agribusiness operations require more than just financial resources. You must be aware of your current situation and plan for the future. While every farm is different, there are several essential characteristics that set successful farms apart from those that are not.

Patience

There is a process in every procedure, and business is not different. Be patient, nothing good or successful happens overnight. It takes time to develop, so give your company plenty of time to learn about it, comprehend it, and allow it to expand gradually.

Patience is one of the four pillars of entrepreneurship, along with persistence, perseverance and passion. For any farmer, the correct degree of patience enables him or her to make prudent decisions to be emotionally detached from their choices, and to support their choices with reasoning and evidence.

Consistency

As a farmer or business owner in the agricultural industry, it is critical that you maintain consistency in the kind of product or service you offer. The quality of the goods you are selling extends to operational details like opening hours. Follow through on that. When do you close for the day? Be consistent with that, as well as with your processes and procedures so that your customers know what to expect when they visit your shop, business or farm.

Hard work

There is no shortcut around hard work. You need to work hard when you sit down every evening and strategise about your business. You must put in the effort, give your business everything you have got and never sleep like you have nothing to lose. Ask yourself what you can possibly accomplish and what you can change in this situation, in your opinion. Have a daily plan for your company, but even if it is only to keep things going or on an annual basis, put all of your efforts into it and you will watch your company flourish.

Get connected

Who you know can also help you get forward in the farming business. Keeping in touch may assist you in staying on top of market trends. One way is to network with other farms, associations and groups, but another is to interact with specialists through many platforms, including the social media. There are numerous places where you may learn more about your clients, their needs and other interesting business advancements. Make sure that you are present to learn such best ways.

Stay tech savvy

Technology is creating new opportunities. As a result, it is critical to become acquainted with your smart-phone, apps, websites and other internet resources. They can make your life easier and your business run more smoothly.

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