Category: Agriculture
-
GIPC to attract more investors into agribusiness in 2020—Yofi Grant
The Chief Executive Officer of the Ghana Investment Promotion Center (GIPC), Yofi Grant, has said his outfit will prioritize investments in agriculture and agribusiness in 2020. This, he explained will feed into government’s agricultural programmes such as the Planting for Food and Jobs as well as Rearing for Food and Export. Mr. Grant maintained that…
-
ECOM Ghana bags three Ghana Club 100 awards
Ecom, a leading global commodity merchant and sustainable supply chain management company picked three awards at the 18th Edition of the Ghana Club 100 Awards in Accra. The company’s subsidiary, Agro-Ecom Ghana Limited, was ranked the 10th Best Company in Ghana as well as the best new entrant into Ghana club 100. Its logistics subsidiary,…
-
Cocobod receives US$600 million loan to boost cocoa production
Cocobod has received a US$600 million syndicated loan facility from the African Development Bank, and Credit Suisse Group AG, to finance key components of the organisation’s productivity enhancement programmes. The signing ceremony took place on the sidelines of the 2nd Edition of the Africa Investment Forum, on Tuesday, 12th November, 2019, in Johannesburg, South Africa,…
-
Parliament approves US$600m cocoa loan despite Minority’s concerns
Parliament has voted to pass the US$600 million loan agreement for the Cocoa Productivity Enhancement Project. The vote on the agreement was deferred yesterday [Tuesday] for want of numbers as the Minority raised red flags about the utilization of the proceeds of the loan. The Minority further intends to write to the lender, the African…
-
Parliament to approve US$600 mn cocoa stimulus loan despite minority’s concerns
Parliament is today expected to approve the US$600 million credit facility meant for the Cocobod cocoa sector stimulus programme despite concerns raised by the minority over certain aspects of the facility. The stimulus package which is being financed with a loan facility from the African Development Bank will, among other things, have US$68 million used…
-
Citi FM/Citi TV launches ‘Operation Feed Yourself’ project to whip up interest in farming
As part of activities marking the 15th anniversary of the establishment of one of Ghana’s leading English radio brands, Citi FM, Managing Director of the company, Samuel Attah-Mensah, has announced a new project to get Ghanaians to take up subsistence farming, and also consider it as a viable business that can empower them economically. The…
-
Gov’t targets 1.5 million tonnes cocoa production with US$600m stimulus package
Information Minister Kojo Oppong-Nkrumah has revealed that the government is targeting increasing cocoa production in the country to about 1.5 million metric tonnes through a new stimulus package which will invest at least US$600 million into the cocoa sector over a seven-year period. The Minister speaking at the press interaction on Sunday said the stimulus…
-
![[Article] Winning Women of Wine](https://citibusinessnews.com/wp-content/uploads/2019/10/red-wine-toast.jpg)
[Article] Winning Women of Wine
The atrocities that women face in their daily lives especially in the world of work have been well documented. According to the United Nations Development Programme (UNDP), in 2014, Africa ‘lost’ up to $105 billion from gender gaps in labour markets alone, almost 6% of all production. From sexual harassment, intimidation, to sheer humiliation, the…
-
NABCO personnel are helping to reduce fertilizer smuggling — Minister
About 180 Nation Builders Corps (NABCO) personnel have been assigned to Planting for Food and Jobs fertilizers outlets to help reduce the incidence of fertilizer smuggling, Dr Hafiz Bin-Salih, Upper West Regional Minister, has said. The move, he said, would give meaning to the PFJ programme, which was introduced by the government two years ago…
-
Nigeria inspired by Ghana, Ivory Coast cocoa premium deal
Nigeria and Cameroon have become the latest African nations to seek ways of jointly negotiating with cocoa buyers for a better premium, a move that is inspired by the decision of top growers Ivory Coast and Ghana to boost prices for their crops. The plan suggested by Nigeria, the world’s fourth-largest cocoa producer, is part…