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    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

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    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

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    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

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    Gov’t to commence talks with IMF for bailout

    Financing agric sector alone not enough to grow it – GIRSAL CEO

    We’re not charging E-levy on merchant accounts – GRA

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

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    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

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Cashew generated 170 million dollars in 2013

bycitibusinessnews
July 20, 2014
in Business, Local Economy
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The cashew industry generated 170 million dollars in the form of foreign exchange earnings for the economy in 2013.

Mr Justice Samuel Adjei, Deputy Brong-Ahafo Regional Minister who made this known in Sunyani said the industry is the largest contributor to non-traditional export crops.

The Deputy Regional Minister was speaking at the closing session of a five-day master training programme, for stakeholders in the cashew sector, drawn Ghana, Burkina-Faso, Togo, Benin, Cote D’Iviore, Senegal and  Sierra Leone.

Attended by 60 participants, the training programme was organised by the African Cashew Initiative (ACi) in collaboration with African Cashew Alliance with support from the Ministry of Food and Agriculture and the Cocoa Research Institute of Ghana.

It was aimed at developing a pool of certified cashew experts in West Africa, with in-depth knowledge on the cashew value chain.

Mr Adjei said the impact of cashew on poverty reduction and the environment in the Savanna regions has been significant.

He entreated investors who are interested in the cashew industry to come into the region and take advantage of the suitable land and vegetation that promote the cultivation of the highly economic crop.

Mr Siegfried Leffler, Country Director of German Development Cooperation, one of the funding agencies, said ACi has so far trained about 300,000 cashew farmers in the participating countries with increase of their annual income by 12 million Euros.

In addition, he said 20 processors in West-Africa had received technical and business advisory support in its build up phase and employing more than 5,000 people.

Mr Leffler noted that the challenges in the young African cashew sector are multiple and needed the efforts of all actors – producers, processors, buyers, governments, NGOs and expert services.

He explained that the cooperation would continue to fulfill its core business capacity development for African countries which include building individual knowledge, as well as institutional development and networking.

Ann-Christin Berger, Communication Manager, ACi said the first two sessions of the Master Training Programme were successfully held in Bobo-Dioulasso, Burkina Faso in December 2013 and Bouaké, Côte d’Ivoire in April 2014.

“At the heart of this comprehensive Master Training Programme are facilitators and technical experts who teach, evaluate and potentially re-design each training session according to participants’ needs,” she added.

Participants were presented with certificates after going through topics such as the economics of cashew production and cashew processing, development of improved planting material, data collection methods for proper monitoring and evaluation as well as alternative and innovative media for disseminating information and collecting data.

Source: GNA
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[From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)
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Financing agric sector alone not enough to grow it – GIRSAL CEO

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