Tag: Agribusiness
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Ofosu Adjare prays Parliament to push government to expand cashew development
From poor pricing, waste of cashew fruits, lack of regional offices for the cashew industry, a legislator, Mrs Elizabeth Ofosu Adjare, is calling on the Parliament of Ghana to urge the Government to do more to develop the crop and allied industries. Detailing data on the performance of the crop, Mrs Ofosu Adjare, who represents…
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Kosmos Innovation Center announces winner of 2020 Agritech challenge
The Kosmos Innovation Center (KIC) has announced the winners of the 2020 AgriTech Challenge, a business competition aimed at developing the next generation of young entrepreneurs in Ghana’s agriculture sector. This year’s winners are: • OASAL Group – a new start-up that produces affordable ethanol from cashew apples, enabling farmers to earn additional income. •…
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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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Citi Business Festival enters week 3; focuses on agribusiness
Ghana imports about $2 billion worth of food and food products into the country annually. With a youthful population, swathes of arable land, water sources and favourable climatic conditions, Ghana should be able to produce enough of all its food needs for local consumption and even more for export. Against the aforementioned background, the Citi…
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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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Over 16,000 agribusinesses couldn’t recover from COVID-19 shocks – GSS
A new survey conducted by the Ghana Statistical Service with support from the UNDP and GiZ has found that about 16,000 agribusinesses have not recovered from the shocks of the COVID-19 pandemic. The study which focused on firms’ survival, measured from their operational status, the impact of the pandemic on wages and employment revealed that…
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Citi FM concludes 2020 edition of Citi Business Festival
Citi FM has concluded the 2020 edition of the Citi Business Festival which offered a wide range of strategies for businesses to stay afloat amidst the Covid-19 pandemic and bounce back stronger after the pandemic. The general view is that, the pandemic will cause a massive shift in the way things are done even after…
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Cut down livestock importation and support local farmers – Animal Scientist urges Gov’t
An Animal Scientist, Doris Yaa Osei, says Ghana cannot continue to import livestock worth millions of cedis annually, when local farmers have the ability to produce for local consumption. According to her, the importation of pork, poultry and cattle, has seen tremendous increase over the years, with some 740 million cedis spent on livestock importation…
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#CitiBusinessFestival: Intensify efforts to reduce food imports post COVID – RMG urges Gov’t
Government has been urged to quicken efforts to drastically reduce the amount of food and other consumables imported into the country after the novel Coronavirus pandemic is dealt with. Ghana’s food import bill had been rising steadily in the past, reaching a staggering amount of 35 billion dollars around 2018, and it is projected to…
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#CitiBusinessFestival: Seek expert advice before venturing into agribusiness – William Nettey to entrepreneurs
Young entrepreneurs who intend to venture into agriculture as a business have been urged to seek professional advice before venturing into the sector. That’s according to the Head of Agribusiness at Absa Bank Ghana, Mr. William Nettey. As the novel Coronavirus continues to spread and pose a threat to food security, a lot of countries…