Category: Agribusiness
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![Growing resilient food systems post COVID is key for Africa [Article]](https://citibusinessnews.com/wp-content/uploads/2020/11/rice-farmer.jpg)
Growing resilient food systems post COVID is key for Africa [Article]
When it comes to food security, the challenge is not always about producing more – it’s also about quality: producing food that is wholesome and preserved safely. About 690 millionpeople go hungry each year. The COVID-19 pandemic is expected to add between 83-132 million people to this number based on socio-economic factors. Even before the pandemic, about half of Africa’s citizens were…
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![ADB financing agricultural value chain for wealth creation [Article]](https://citibusinessnews.com/wp-content/uploads/2020/11/WhatsApp-Image-2020-11-05-at-2.53.07-PM.jpeg)
ADB financing agricultural value chain for wealth creation [Article]
The Agricultural Development Bank Limited (ADB) is the lead bank for agricultural financing in the country. Set up for the purpose of developing the agricultural sector, ADB has over time used various avenues to channel financial resources into the sector to propel it to higher heights. With about 83 network branches nationwide, ADB is the…
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GIRSAL launches Lending Knowledge Portal to improve access to finance for agribusinesses
The Ghana Incentive-Based Risk-Sharing System for Agricultural Lending Project (GIRSAL) has intensified efforts to make it easy for agribusinesses to gain credit from financial institutions. Lack of access to cheaper credit is seen as a major setback to the growth of agribusiness. It is against this backdrop that GIRSAL, with support from the Alliance for…
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Solidaridad empowers farmers to improve productivity
At Kofiase, a community in the Mampong municipality of the Ashanti Region of Ghana, members of a Village Savings and Loan Association (VSLA), are on their way to getting a bumper harvest due to an investment in improved oil palm seedlings. For years, the over 4,000 residents of the community who are predominantly farmers, with…
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COCOBOD embarks on digitization drive with launch of Cocoa Management System
The Ghana Cocoa Board (COCOBOD), in its attempt to collate and leverage data on cocoa famers across the country for the purposes of transparency and effectiveness, has launched the Cocoa Management System (CMS). The system, which will become operational in the next 12 months, is expected to cost government about $ 10.7 million dollars. The…
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Farmers applaud decision to cede Cocobod’s control to Agric Ministry
The Concerned Farmers Association of Ghana has welcomed government’s decision to allow the Ministry of Food and Agriculture to have oversight responsibility over the activities of COCOBOD. Speaking to Citi Business News, President of the Concerned Farmers Association, Nana Oboadie Obampour Boateng Bonsu the II, said the move is in the right direction. “Even during…
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Soil quality of farmlands to be improved with launch of ReDIAL Project
Soil quality on Ghana’s farmlands is expected to witness a boost following the launch of the Research for Development and Innovation Agricultural and Learning (ReDIAL) Project. The project is being supported by the European Union (EU), with an amount of 2.12 million Euros for implementation. The four-year project, piloted in five farming municipalities in the…
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Food prices to remain relatively stable in October – Esoko Ghana
Prices of foodstuff are expected to remain relatively stable with occasional drops in the month of October, 2020. That’s according to commodity analyst, Esoko Ghana. According to Esoko, most of the commodities grown down south of the country are still in the harvest season. It is also expected that supplies from the northern parts of…
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COCOBOD CEO questions Mahama’s demand for audit report on Cocoa roads
The Chief Executive Officer of the Ghana Cocoa Board Joseph Boahen Aidoo, has challenged former President John Dramani Mahama to respond to claims that he left behind cocoa road projects without any funding, instead of demanding for the audit report of cocoa roads. Speaking at Bopa as part of his tour of the Western North…
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COCOBOD must monitor to ensure cocoa farmers enjoy new producer price – GCCP
The Ghana Civil-Society Cocoa Platform (GCCP), has charged COCOBOD to strengthen its surveillance at various depots and cocoa-sheds to ensure cocoa farmers enjoy the new farm gate price for cocoa without being cheated. Over the years, some cocoa purchasing clerks have been accused of cheating farmers by illegally adjusting weighing scales to the disadvantage of…