The government of President Nana Akufo-Addo assumed power on a promise to take “Ghana Beyond Aid”, and is pushing ahead with initiatives to formalise the economy, diversify its manufacturing base and overhaul its taxation structure. Ghana’s ability to retain fiscal discipline will be tested, with election-related expenditure expected to increase in the run-up to the 2020 poll.
For many countries across Africa, agriculture remains one of the most important sectors of the economy. Agriculture accounts for 14% of total GDP in sub-Saharan Africa, and a majority of the continent’s population is employed in the sector.
How can storage infrastructure be improved?
While cocoa remains the dominant source of agricultural export earnings, a number of other tree crops, including cashew, coffee, coconut, oil palm, mango, rubber and shea nut, have seen promising harvests over the past few years. In an effort to capitalise on this potential to diversify revenue, the administration of President Nana Akufo-Addo...
How would you evaluate the current condition of the domestic cocoa market?
Over the last decade the relative size of the agriculture sector in Ghana, as measured by its contribution to overall economic output, has more than halved, amounting to 15.3% of nominal GDP as of the second quarter of 2019, down from 31.8% in 2009. Nonetheless, the sector retains its strategic importance as a major employer, comprising 44.7%...
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