Government is shifting its focus in the oil palm industry from policy formulation to implementation as it seeks to close a 150,000-metric-tonne production deficit and achieve self-sufficiency by 2032.
The Chief Executive Officer (CEO) of Development Bank Ghana (DBG), Prof. Randolph Nsor-Ambala, has indicated DBG is designing a bespoke financing toolkit for the oil palm industry that will cater to the requirements of individual value chain actors.
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The government, through the Ministry of Food and Agriculture (MoFA) has launched the Ghana Agricultural Fund for Education and Transformation (GAFET),
Ghana loses 315,000 hectares of forest every year. In 2024 alone, that figure was 77,000 hectares, land that, once gone, takes decades and far more capital to recover than it would have cost to protect.
Agriculture remains the backbone of many economies, particularly in developing countries where it contributes significantly to employment, food security and economic growth.
Access to finance remains a major constraint on the growth of youth- and women-led agribusinesses in Ghana, prompting AGRA Ghana and the Kosmos Innovation Center (KIC) to launch initiatives aimed at connecting promising enterprises with investors and growth capital.
The African Agribusiness Consortium (AAC), a subsidiary of the Jospong Group of Companies, has secured 750 acres of irrigated land at Konadu in the Kwahu Afram Plains from the Ministry of Food and Agriculture (MoFA) to establish a large-scale vegetable production facility.
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