Author: citibusinessnews
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Agricultural Development Bank supports agribusinesses in Ghana
Many Ghanaians heaved a sigh of relief when the government introduced the One District One Factory (1D1F) initiative, which is aimed at building strong value-addition-oriented companies as well as reducing the unemployment rate in the country. Although some private companies have received some forms of support under the initiative, many have not received the support…
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Togbe Afede XIV seeks cooperation with West African Power Pool Secretariat
As part of efforts to bring development across the ECOWAS subregion, Togbe Afede XIV and his investment partners – Shenzhen Energy Group have sought audience with the Secretary General of the West Africa Power Pool in Benin to explore opportunities for cooperation in the development of the viable WAPP Priority Generation Projects. The Secretary General,…
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Italy to promote expertise in seeds, greenhouse technology and irrigation
Greenhouse farming is a thriving sector in Italy thanks to companies with decades of experience in providing cutting-edge greenhouse technologies and systems for the cultivation of horticultural products, including fruits and vegetables as well as flower crops. Aside its greenhouse expertise, Italy is also a global powerhouse in seed innovation and production as well as…
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Italian cold chain and logistics giants ready for long-term partnerships in Ghana
Perishable goods such as fruits, meats, dairy, and pharmaceuticals need special care during storage and transportation to preserve their wholesomeness and protect consumers’ health. Technologies and expertise for the safe movement of these products are therefore critical in the agribusiness value chain, especially in the post-production processes. With Italy being a global leader in the…
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Fertilizer smuggling seriously affecting rice production in northern Ghana – Peasant Farmers
The Peasant Farmers Association of Ghana is lamenting the growing incidents of fertilizer smuggling in the country. According to the association, the development is affecting the production of various commodities, especially rice. The Head of programmes and Advocacy, Charles Nyaaba, in an interview on the Citi Breakfast Show, said the smuggling is prevalent in the…
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Hubtel launches myGhQR.com for instant bank-to-bank transfers
Ghana’s direct bank-to-any-account contactless payment service myGhQR.com has been officially launched today, Monday, June 14, by leading payments service provider, Hubtel, in collaboration with Ghana Interbank Payments and Settlement Systems (GhIPPS). myGhQR.com is Ghana’s first-ever self-service portal to enable direct bank-to-bank transfers. The service eliminates the need of paying in cheques or using POS card…
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#CitiBusinessFestival: Don’t be absentee farmers – Prof. Sottie cautions agribusiness entrepreneurs
Prospective agribusiness investors in Ghana have been cautioned against deferring the management and supervision of their farms completely to local farmers without frequenting the farms themselves. According to Professor Edmund Sottie, a Principal Research Scientist at the Animal Research Institute of the Centre for Scientific and Industrial Research (CSIR), there is a greater risk of…
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Take advantage of agribusiness opportunities – Ofori-Atta advises youth
The Minister of Finance, Ken Ofori-Atta, has advised the youth to take advantage of the agribusiness opportunities and manufacturing and link up with these employment-generating institutions for assistance in order to make a living for themselves and their peers. “Let us begin to understand that it is possible for us to be employers. This is…
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Build capacity to enhance agricultural productivity – ITA
The Italian Trade Agency is urging entrepreneurs who intend to secure credit facilities to start or expand their businesses within the agricultural space to build capacity first. According to the Agency the move will ensure the enhancement of agricultural productivity to increase output and incomes and transform the entire sector. Lauding government’s efforts at creating…
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Italy to showcase leading companies in agricultural mechanization
The Ghanaian government’s vision for agriculture is ambitious yet achievable with the right mix of expertise, technology, and machinery. As a critical economic area, a resilient and productive agricultural value chain would have a transformational impact on growth, job creation, and living standards in the country. In Italy, Ghana has a trusted and ready partner…