Category: Agribusiness
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Ghanaians to pay more for rice as imports face 40% reduction
Consumers of rice may in the coming days pay more for the grains as importers of rice are projected to face about 40 percent reduction in imports. This is according to the Competitive Africa Rice Platform. It comes on the back of India’s decision that it would restrict exports of non-basmati rice to calm domestic…
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WFP partners Agrihouse Foundation for 5th WOFAGRIC and Gold in the Soil Awards
The World Food Programme (WFP), has signed a partnership with Agrihouse Foundation towards the 5th Edition of the Women in Food and Agricultural Leadership Training Forum (WOFAGRIC) and the Gold in the Soil Awards. The partnership, in the form of technical and financial assistance to help women farmers, farmers with disabilities and agro-processors is also…
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Global Affairs Canada and Agrihouse partner to empower women farmers
Global Affairs Canada has reaffirmed its commitment once again, to continue it partnership, with Agrihouse Foundation, in advancing, empowering and improving, women farmers and farmers with disabilities’ access to resources, tools and opportunities, ahead of the 5th Women in Food and Agricultural Leadership Training Forum (WOFAGRIC) and Gold in the Soil Awards. This partnership highlights…
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Food scientists push for stronger collaboration to ensure resilient food systems
Food scientists are calling for a stronger collaboration between government, producers and consumers to help ensure a more resilient food system. In Ghana, it is estimated that 2.5 percent of the population suffer from food-borne illness each year. This is according to the Ministry of Food and Agriculture and a World Bank report. Recently, a…
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Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.
The Managing Director of Agricultural Development Bank Plc, Dr. John Kofi Mensah has disclosed that the African Continental Free Trade Area (AfCFTA) will help agribusiness entrepreneurs to access the African Market. The AfCTA is a single market (duty-free-quota-free) trading bloc covering the entire African Continent with a total population of 1.3 billion to create a…
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Côte d’Ivoire, Ghana to no longer sell cocoa at origin differentials below zero
Côte d’Ivoire and Ghana have decided to no longer sell their cocoa at origin differentials below zero, from as much as 125 pounds below the ICE terminal market, their joint Côte d’Ivoire-Ghana Cocoa Initiative (CIGCI) announced in Accra on Friday. The origin differential is an additional country quality premium that has traditionally been determined by…
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Special credit facility needed to develop the agriculture sector – Chamber of Agribusiness
Despite out-performing Industry and the Service sector in terms of their growth rate in the first quarter of 2022, Ghana’s agriculture sector continues to lag in terms of its overall contribution to the country’s Gross Domestic Product (GDP). According to data from the 2022 budget, the Agriculture sector has been growing at a steady pace…
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More collaboration needed to further de-risk Agric sector – GAB
As government continues to contemplate introducing legislation to force banks to lend to the Agriculture sector, the Ghana Association of Bankers is calling for increased collaboration between public and private sector players to de-risk the sector. This comes on the back of recent remarks by the Minister of Food and Agriculture, to the effect that…
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Introducing legislation to force banks to lend is not the way to go – GAB advises
The Ghana Association of Banks has advised against using legislation to force banks to lend to the Agriculture sector. This comes on the back of recent remarks by the Minister of Food and Agriculture, to the effect that the banking sector has not been lending enough to the country’s agriculture sector to support its transformation.…
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Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister
The Minister of Food and Agriculture Dr. Owusu Afriyie Akoto, has reiterated government’s plan to introduce legislation that will compel banks to lend more to the Agriculture sector. He made the remark at the launch of the Agriculture Stakeholder Convening and Advocacy Platform (ASCAP) by GIRSAL in Accra. The platform will seek to engage government…