Ghana Agriculture

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Although Ghana’s cocoa production fell short of industry forecasts for the 2015/16 growing season, increased investment in seed development programmes and infrastructure upgrades should improve output over the coming years.

 

Land ownership and transactions are among the largest obstacles to the development of Ghana’s agricultural sector. Smallholder farms of less than 3 ha continue to account for around 90% of agricultural producers, with traditional land ownership structures acting as an impediment to attempts to consolidate arable land into larger tracts that...

 

In what ways has consumer spending in Ghana evolved in recent years?

 

In 2008 Ghana implemented the Fertiliser Subsidy Programme (FSP), aimed at using fertiliser to boost overall crop productivity. While it increased domestic consumption, it also entailed considerable financial outlay. From the GHS395.2m ($109.7m) allocated to the agriculture sector in the 2015 national budget, about GHS347.2m ($96.3m) – or 87.9...

 

Even as Ghana’s oil and gas industry continues to expand, the agricultural sector remains a vital contributor to economic activity, employing more than half of the working population. The country cultivates a rich array of staples and cash crops, and is the second-largest producer worldwide of cocoa.

 

Cocoa has traditionally accounted for a significant proportion of Ghana’s GDP, and while other commodities like gold and oil now bring in more money, cocoa remains a key contributor to rural development. According to the Ghana Investment Promotion Centre (GIPC), agriculture contributes around 40% of Ghana’s export earnings, with cocoa...

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