Ghana Agriculture Articles & Analysis

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Situated on the Gulf of Guinea in West Africa, Ghana’s natural resource wealth and status as a stable democracy have helped make it a prominent player in the region. It is the world’s second-largest exporter of cocoa, behind Côte d’Ivoire, and one of the continent’s largest gold producers. Recently discovered reserves of oil and gas have powered the economy to double-digit growth in the past decade.

The palm oil industry is coming full circle in West Africa. The commodity was first produced in the region as early as the 16th century and commercial trade began in 1820. In the mid-19th century traders transported planting materials from Ghana to Asia, where the climate proved highly conducive for growth. The industry boomed in this new location, leaving Africa behind...

How do Ghana’s fiscal and currency challenges impact the outlook for agricultural producers?

As the world’s second-largest producer of cocoa – behind only its neighbour Côte d’Ivoire – Ghana’s agricultural output and overall economy are dependent on production of the crop, which represents 57% of the sector’s export earnings and over 20% of total export earnings, and employs more than 800,000 farmers.

While there is plenty of fertile land available for agriculture in Ghana – an estimated 6.1m ha of its 13.6m ha of agricultural land is not cultivated at present – land acquisition remains a challenging process.

As the foundation of Ghana’s economy, agriculture employs more than half of the population and is a key focus for the country’s inclusive economic development agenda. Yet as the industrial and services sectors have strengthened in recent years, agriculture’s contribution to overall GDP has steadily declined, falling from 32% in 2009 to 22% in 2013. The government’s...