Agriculture

58,000 Farmers Restore Degraded Lands For Agric Production
08 Oct

58,000 Farmers Restore Degraded Lands For Agric Production

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At least 58,000 farmers have been supported under the Ghana Landscape Resto­ration and Small- Scale Mining Project (GLRSSMP) of the Ministry of Environment, Science, Technology and Innova­tion (MESTI) to restore degraded lands for agricultural productivity in the country They have restored lands be­tween three to 10 acres. This came to light during a working tour to inspect ongo­ing projects including farms last Wednesday, by the MESTI, led by the Minister, Ophelia Mensah Hayford, in the Asante Akim South District in the Ashanti Region. Mrs Hayford was excited the project would yield dividends in the fight against climate change as the…
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Address Shifts In Food Supply, Agric Labour As A Result Of Climate Change Effects – GSS To Gov’t
03 Oct

Address Shifts In Food Supply, Agric Labour As A Result Of Climate Change Effects – GSS To Gov’t

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The Government Statistician, Professor Samuel Kobina Annim has asked government to address shifts in food supply and agricultural labour due to climate change effects. He made the call after food inflation increased to 22.1 percent in September from 19.1 in August 2024 driving overall inflation to hit to 21.5 percent. Prof. Annim expressed worry that food inflation has been a challenge, driven by climate change effect. He appealed to government to focus on addressing the issue with the Planting for Food and Jobs (PFJ) Phase II. He stated that even though some seasons have bumper harvest, the lack of storage…
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Boosting Agriculture: 1,020 Farmers In Asunafo South Receive Fertilizer
26 Sep

Boosting Agriculture: 1,020 Farmers In Asunafo South Receive Fertilizer

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A total of 1,020 farmers in the Asunafo South District of the Ahafo Region have received bags of fertilizers and urea from the District Assembly to enhance their agricultural activities. The presentation, which took place in Kukuom, saw the District Chief Executive (DCE) and New Patriotic Party (NPP) Parliamentary candidate, Frank Aduse-Poku, explaining in an interview that the distribution includes 3,000 bags of ammonia and 1,000 bags of urea. These items are aimed at alleviating the challenges farmers face in acquiring fertilizers. Mr. Aduse-Poku emphasized that, the free distribution will significantly help boost food production in the district, which is…
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Netherlands To Invest €4M In Ghana’s Agricultural Industry
22 May

Netherlands To Invest €4M In Ghana’s Agricultural Industry

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In a bid to bolster economic resilience, the Netherlands has announced plans to invest some 4 million euros in Ghana’s agricultural industry. This effort, according to them forms part of its aim to strengthen the economic and bilateral relations between them and Ghana. Speaking on the sidelines of the Adenta Community Garden and Opening of the Fruits and Vegetables Fair held in Adenta Frafraha Community School on May 22, 2024, the Minister for Foreign Trade and Development Cooperation of the Kingdom of the Netherlands, H.E Mrs Lieje Schreinemacher expressed commitment to strengthening economic ties with Ghana. She said, “The amount…
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Promote Sustainable Culture In Operations- BoG Urges Banks
21 Mar

Promote Sustainable Culture In Operations- BoG Urges Banks

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The Bank of Ghana (BoG) has urged banks to take a leadership role in promoting a sustainable culture in their operations to help build a robust and resilient economy. This is because of the critical role sustainable banking plays in the country’s development efforts. Second Deputy Governor of the BoG, Elsie Addo Awadzi said at the launch of the maiden Ecobank Sustainability Week in Accra that the central bank had through a collaborative approach designed a set of sustainable banking principles to be applied by the banks. She said all the 23 banks operating in the country had signed on…
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We Maintain Ghana’s Real Growth Rate Forecast Of 1.9% – 2.9%; Manufacturing To Contract – IC Research
30 Jun

We Maintain Ghana’s Real Growth Rate Forecast Of 1.9% – 2.9%; Manufacturing To Contract – IC Research

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IC Research, the research arm of investment bank, IC Securities has maintained its forecast of Ghana’s Gross Domestic Product (GDP) growth for 2023 in the range of 1.9% to 2.9%. It expects sustained momentum in the livestock and crops sub-sector to spur growth within the agriculture sector while ICT, transport & storage, and education will continue to support the services sector growth. On the downside, it pointed out that “we expect aggressive fiscal consolidation in the second-half of 2023 to weigh on the public sector drivers of growth while the price sensitive trades, hospitality and industry sector remain constrained by…
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Economy Slows Down In Quarter 3, 2022; Expands By 2.9% – GSS
21 Dec

Economy Slows Down In Quarter 3, 2022; Expands By 2.9% – GSS

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Ghana’s economy grew at the slowest pace in two years in the third quarter of 2021, data from the Ghana Statistical Service (GSS) has revealed. According to the GSS, the country’s economy expanded at 2.9% in the third quarter of 2022. This is lower than the 4.7% Gross Domestic Product (GDP) recorded in the second quarter of 2022. The slow growth in industry (0.9%) impacted heavily on the overall growth rate. Agriculture however recorded the highest GDP of 4.6%, whilst the services sector registered a growth rate of 3.9%. Nine sub-sectors contracted in quarter three of 2022. These are Professional,…
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Minister Impressed With General Overview Of Agriculture In Oti Region
07 Nov

Minister Impressed With General Overview Of Agriculture In Oti Region

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The Minister of Food and Agriculture, Dr. Owusu Afriye Akoto, has expressed optimism for agriculture growth within the Oti Region. This, according to the minister, indicates a positive sign that commitment to addressing few bottlenecks in production value chain will upscale. Dr. Afriyie Akoto made the remarks at the Oti Regional Coordinating Council (ORCC) on Sunday, November 6, 2022. He noted that Oti Region has a number of valleys that could be suitable for rice production, therefore, urged farmers in the region to take advantage of it. He was excited that Oti Region which did not have rice-producing potential now…
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Global Happenings Have Exposed Weaknesses In Ghana’s Agric Sector – Andani
26 Oct

Global Happenings Have Exposed Weaknesses In Ghana’s Agric Sector – Andani

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Former Managing Director of the Stanbic Bank, Naa Alhassan Andani has observed that the agric sector of the Ghanaian economy and other parts of Africa has been exposed by global happenings. He indicated that Ghanaians consume more than they produce locally. This means a lot more foreign exchange earnings are required to bring in additional food supplies to feed the people. When the exchange rate is affected, he said, it means food supply is heavily affected thereby creating difficulties for Ghanaians. “This event could not be happening at a better time and I hope our panellist will elevate the conversation…
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Decouple Agric From Politics – Govt Told
26 Oct

Decouple Agric From Politics – Govt Told

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The government has been advised to separate the agric sector from the political set-up. A former Advisor behind Nigeria’s Rice production, Abraham Dwumah Oddom who gave the advise said politico is hurting the sector. Speaking during the 3business Agribusiness dialogue on Wednesday, October 26, he said “Disconnect agric from politics, it is political.” Naa Alhassan Andani, a former Managing Director of the Stanbic Bank, observed that the agric sector of the Ghanaian economy and other parts of Africa has been exposed by global happenings. He indicated that Ghanaians consume more than they produce locally. This means a lot more foreign exchange earnings…
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