No Result
View All Result
Tuesday, March 21, 2023
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Peasant farmers reiterate calls for construction of Pwalugu Multi-Purpose Dam

    ECG disconnects GRA, KFC, Ho Airport others from power grid

    GRA monitoring team retrieves over GHC85m revenue shortfall

    Finance Minister leaves for China for debt negotiations

    Ghana’s debt level frustrating businesses, individuals – IEA

    Gold Fields, AngloGold rule out merger after Ghana joint-venture deal

    Volkswagen takes over the responsibility of vehicle assembly in Ghana

    CFAO opens ultra-modern Mercedes Benz showroom

    Govt pays outstanding coupons to individual bondholders

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    It’s time to give women top posts in multilateral institutions – GCBL Chairman 

    Global Chamber of business leaders enters into partnership with IEFS

    Gold for Oil policy will save Ghana $4.8bn annually – Veep

    Energy Minister scheduled to speak on Ghana’s near-term opportunities at NAEPEC 2023

    Standard Chartered appoints Ebenezer Twum Asante as Chairman of Board of Directors

    Abena Amoah named in WFE’s top 20 women leaders

    International Women’s Day: Female engineering students tour Karpowership

    BoG directs banks to submit prudential reports on sex-disaggregated basis

    AGM Petroleum Ghana relinquishes South Deep Water Tano block

  • TECHNOLOGY

    Cyber Security Authority commences licensing and accreditation regime

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

    African Union adopts Africa Prosperity Dialogues AfCFTA action plan

    Third World Network Africa urges Africans to be strategic about AfCFTA

    5 important things to know about the African Continental Free Trade Area agreement

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Feed Africa Summit: African Development Bank to commit $10bn to make continent breadbasket of the world

    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Peasant farmers reiterate calls for construction of Pwalugu Multi-Purpose Dam

    ECG disconnects GRA, KFC, Ho Airport others from power grid

    GRA monitoring team retrieves over GHC85m revenue shortfall

    Finance Minister leaves for China for debt negotiations

    Ghana’s debt level frustrating businesses, individuals – IEA

    Gold Fields, AngloGold rule out merger after Ghana joint-venture deal

    Volkswagen takes over the responsibility of vehicle assembly in Ghana

    CFAO opens ultra-modern Mercedes Benz showroom

    Govt pays outstanding coupons to individual bondholders

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    It’s time to give women top posts in multilateral institutions – GCBL Chairman 

    Global Chamber of business leaders enters into partnership with IEFS

    Gold for Oil policy will save Ghana $4.8bn annually – Veep

    Energy Minister scheduled to speak on Ghana’s near-term opportunities at NAEPEC 2023

    Standard Chartered appoints Ebenezer Twum Asante as Chairman of Board of Directors

    Abena Amoah named in WFE’s top 20 women leaders

    International Women’s Day: Female engineering students tour Karpowership

    BoG directs banks to submit prudential reports on sex-disaggregated basis

    AGM Petroleum Ghana relinquishes South Deep Water Tano block

  • TECHNOLOGY

    Cyber Security Authority commences licensing and accreditation regime

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

    African Union adopts Africa Prosperity Dialogues AfCFTA action plan

    Third World Network Africa urges Africans to be strategic about AfCFTA

    5 important things to know about the African Continental Free Trade Area agreement

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Feed Africa Summit: African Development Bank to commit $10bn to make continent breadbasket of the world

    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

 ‘Agri Cold Chain Summit’ targets breakthroughs for horticulture exports and forex generation

November 4, 2022
in Agribusiness, News
Share on FacebookShare on TwitterShare on Whatsapp

FreezeLink, a cold chain logistics firm convened its maiden West Africa Agri Cold Chain Summit in Accra.

The event held at the Ghana Shippers House on 25 October 2022which was under the theme ‘Unleashing Ghana’s Fruit and Vegetable Exports,’ brought together key stakeholders in the pharmaceutical and fruit and vegetable export sectors.

The discussions touched on the war in Ukraine and increased fruit and vegetable exports for Ghana; the connection between ‘pre-cooling’ and Ghana’s currency crisis; and the reason why African fruit and vegetable exports, on average, earn 55 percent below the global price for the same produce.

ADVERTISEMENT

Export Forex windfall

Speaking at the event, the Country Manager of the multi-national airport handling company Swissport, Chris Goodsir noted that: “War in Ukraine is creating an energy shortage in Europe that will see greenhouses, used for growing fruit and vegetables, having to reduce their hours of operation.

The resulting shortage of fruit and vegetables means that exporters of these crops in West Africa have an opportunity to sell higher volumes of exports to Europe but at higher prices, too”.

Adding that, this window of opportunity to export temperature-sensitive food, by harnessing cold chain logistics, comes at a time when Ghana is desperately in need of export-driven foreign exchange.

citi

Other experts further pinpointed opportunities for the fruit and vegetable export stakeholders in attendance. “We have enquiries from Spain, where they prefer our fruits. It is because GMOs in their own markets have reduced the taste of their home-grown varieties. We have an advantage” explained Marjorie Abdin, Vice President of the Federation of Association of Ghanaian Exporters (FAGE), while Samuel Yeboah, Deputy Chief Operating Officer of GIRSAL mused “we are 6 hours from Europe but Kenya is 12-14 hours away: if you see their horticulture exports to those counties, compared to ours, it will open your eyes to the opportunities in front of us, if only we grab them.”

Intra-Africa trade

In a speech entitled ‘Horticulture Exports – what the Winners in Africa are doing to succeed and how the public sector helps’ Dr Michele Bruni, co-founder and Chief Commercial Officer of InspiraFarms, an international cold chain equipment manufacturer, shared his experiences working across Africa – “Intra Africa trade is a hugely overlooked opportunity across the continent. One of our partners in Zimbabwe recently began selling apples in the Democratic Republic of Congo at higher prices than it sells them in its traditional market of Singapore. What makes these profits possible?” He asked, before adding, “Precooling and an unbroken cold chain. Precooling is critical. For every hour after harvest that produce is not precooled, it loses one day of shelf life. But poor quality pre-cooling can also lead to a loss of water, and therefore value” he warned.

FreezeLink

FreezeLink’s CEO, Mr Owusu Akoto added another dimension to the infra-Africa trade opportunity. The company is close to finishing building a World Bank-funded refrigerated, fruit and vegetable terminal at Cotonou International Airport: it will enable Benin farmers of chilli pepper, mango, banana, pineapple and pawpaw to export their produce to high-value international markets.

“Initiatives like the African Continental Free Trade Area (AfCTA) can only make their way from dreams to reality if we have infrastructure that creates connectivity. Cold chain represents such vital connectivity for the food and healthcare sectors” he said.

Public sector support

The conference also shed unusual light on the role of public sectors around Africa in promoting fruit and vegetables and of particular insight was a disclosure by Dr Michele Bruni “One visionary African country, who I cannot disclose just yet, will announce this year that all fruit and vegetable exports have to go through an unbroken cold chain. They are ensuring low post-harvest losses for their farmers, long shelf life and high prices for their horticulture exports. This rising tide will lift all ships”.

The summit was sponsored by a global provider of cold chain solutions, Carrier and ADDFRA, their local partner while Water for Energy and Food Grand Challenge (WE4F), a program focused on environmentally sustainable innovations aiming to improve energy and water efficiency in the agricultural sector, co-hosted the event.

 

Source: Freezelink
Previous Post

Sliver Star Auto Ltd. launches Eicher buses and trucks

Next Post

Defunct BEIGE Bank’s CEO hit with new charges of theft, money laundering

Next Post

Defunct BEIGE Bank’s CEO hit with new charges of theft, money laundering

Accra Kotoka International Airport Arrivals
ADVERTISEMENT
Citi Business News

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.