Category: Agribusiness
-
Agribusiness support will remain our priority – ADB Board Chair
The Board Chairman of the Agricultural Development Bank (ADB) Limited, Daasebre Akuamoah Agyapong II, has reiterated the commitment of the Bank to support the agribusiness sector to meaningfully contribute to the Ghanaian economy. According to Daasabre Agyapong II, the Bank will continue to focus on its core mandate of agricultural financing to ensure the sector…
-
Striking cocoa carriers reject proposed 82 pesewas-per-bag wage
Cocoa carriers in the Ashanti Region say they will resist any amount less than GH¢1 as wage per bag load for the cocoa beans they carry. The Cocoa Marketing Company Limited, in a letter sighted by Citi News, has agreed to pay the carriers 82 pesewas per bag of cocoa beans they carry instead of…
-
Akufo-Addo announces government’s plans to address fertilizer shortage
President Nana Akufo-Addo has reiterated the government’s pledge in dealing with the problem of fertilizer shortage in the country. Speaking at the 37th Farmers’ Day celebration which crowned Alhaji Mashid Mohammed as the 2021 National Best Farmer, the President disclosed that the government, among other things, is collaborating with a Moroccan company to make fertilizers…
-
Volta Fair 2021: Senyo Hosi urges youth to consider venturing into agro processing
Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors Senyo Hosi has urged the youth of the Volta Region to consider investing in other parts of the agricultural value-chain instead of just focusing on traditional farming. According to the businessman, who is also the founder of an indigenous agric social business in the…
-
Players must ensure quality is not compromised in local seed production – Mrs Clottey
The Chief Executive Officer of the National Seed Trade Association, Augusta Nyamadi Clottey is calling on the government to provide additional funding for the various research institutions in the country to help in improving the quality of seeds produced in the country. There have been concerns by some players in the agric space about the…
-
COCOBOD CEO confident cocoa production will hit 1.5m metric tonnes soon
CEO of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has announced that the ongoing rehabilitation of all areas which have been affected by the cocoa swollen shoot virus disease will increase cocoa production to 1.5 million tonnes in the medium term. Speaking at the Netherland Embassy’s Orange Cocoa Day event to highlight and garner…
-
Government to announce uniform purchasing price for cashew in December
The Minister of Agriculture, Dr. Owusu Afriyie Akoto is expected to announce, for the first time, a uniform purchasing price for cashew in December this year. The Chief Executive Officer of the Tree Crops Development Authority, Emmanuel Agyapong Quaitoo disclosed this in Sunyani during the annual conference and inauguration ceremony of the Cashew Traders and…
-
COCOBOD secures $1.5 billion syndicated loan for 2021/2022 crop season
The Ghana Cocoa Board (COCOBOD) has signed an agreement for a $1.5 billion syndicated loan facility for the 2021/2022 cocoa crop season. This is the largest loan facility so far in its history. The funds, which will be used to purchase cocoa beans for the 2021/2022 crop season, have an interest rate of 1.1 percent…
-
We’re taking stringent measures to stop bird flu in Ghana – Agric Minister
The Minister for Food and Agriculture, Dr. Owusu Akoto Afriyie, has assured that the government is taking stringent measures to contain the spread of the H5N1 avian virus, also known as Bird Flu. He said the flu, which broke out in July, has so far affected nearly 110,000 birds. The Veterinary Services Directorate detected the…
-
Ghana exported 70,052 metric tonnes of staple foods to neighboring countries in 2020
Ghana exported 70,052 metric tonnes of five different staple foods to neighboring countries last year. 2020 export figures The figures for each staple food are maize – 17,240 metric tonnes, rice- 322 metric tonnes, yam- 31,127 metric tonnes, plantain- 20,667 metric tonnes and soyabean- 697 metric tonnes. Minister of Food and Agriculture Dr. Owusu Afriyie…